French engineering firm Egis Group plans to open global design centre in India

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French engineering firm Egis Group plans to open global design centre in India

French engineering firm Egis Group plans to open global design centre in India

Industry News
Dec 27,18

The company, which has appointed Sandeep Gulati as MD of Egis India, plans to increase its presence in India

French engineering firm Egis Group plans to open global design centre in India

Delhi, December 27, 2018

The Paris-headquartered global engineering company Egis is planning to open a global design centre in India as part of its expansion plan. “We have heavily invested (about Rs 400 Crore) in India for nearly 25 years with capital and technology transfers. And we will continue to do that in the coming years as well. India has great talent pool and we are looking at setting up a global design centre in India, catering to our global clients from India,” said Remi Cunin, Group COO & Deputy CEO of Egis Group.

For more than two decades, Egis has been one of the leading global integrated infrastructure and engineering companies in India. It is one of the top three providers of comprehensive solutions for infrastructure engineering and project management in the country.

The company has also appointed Sandeep Gulati as the new Managing Director for Egis India. Gulati has more than 24 years of varied experience and was previously Chief Financial Officer (CFO) of Alcatel-Lucent and Huawei. Remi Cunin said, “Sandeep has shown outstanding capabilities as a leader in his role as CFO and then as Interim CEO and we strongly believe that he will take the Indian operations to greater and profitable growth trajectory. His strong credentials on governance and compliance are an asset to us. India has been a very important market for the Group and is one of the three pole countries outside France. We are confident that Sandeep will be able to help us successfully execute our future plans in India and make our India operations even more profitable and sustainable.”

Sandeep Gulati commented, “It is an honour for me to be appointed the Managing Director. Egis’ values of ethics and transparency resonate very well with my DNA and I am confident that we can deliver on the Group’s expectations for India, as India continues to be one of the largest growing markets in the global infrastructure space. Egis India is one of the growth engines of the Group and I am extremely positive about the position we are in at the moment in the country.”

Egis has the most diversified portfolio of projects among its peers; having some of the prestigious projects in the country that comprises of 8 metro projects, 3 airports, 2 smart cities, Chhatrapati Shivaji Memorial & Statue of Unity, Pradhan Mantri Awaas Yojana & AMRUT in Madhya Pradesh and many other transportation and urban projects. “We are ready to consolidate the growth we have experienced in the last few years and also grow organically to be the largest and the most preferred company in our space. For us in Egis, doing business is as important as being ethical. We are hungry for growth but we want to grow the right way, the ethical way. This has been and will always be the largest differentiator for us in the minds of our customers. Watch out this space for more in the coming months,” added Gulati.

Egis is a 75 per cent-owned subsidiary of Caisse des Depots, with the remaining 25 per cent held by partner executives and employees. The Group generates more than Euro 1 billion of managed revenue.