Second only to L&T, but controversies may weaken this infra powerhouse's growth story
Exclusives Second only to L&T, but controversies may weaken this infra powerhouse's growth story
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PP Reddy (L) executive chairman, Megha Engineering and Infrastructures Limited (MEIL) and PV Krishna Reddy (R), managing director, Megha Engineering and Infrastructures Limited (MEIL)
Synopsis
Megha Engineering and Infrastructures has evolved from a regional contractor executing irrigation projects into one of India's most formidable engineering conglomerates. In the past 10 years alone, its revenues have grown 10-fold, and its order book now stands at INR2.28 lakh crore. But as MEIL scales new heights, the company finds itself at the centre of a deepening reputational crisis.
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