OUR MD’s SPEECH
Our MD and CEO, Dr. Diliprao More heads the ADMCL business and takes overall responsibility for the conceptualization, evaluation, planning and development of feasible / profitable strategic initiatives of our company targeted at achieving accelerated Balance Sheet growth, increasing presence and enhancing risk-adjusted return.
During his PhD, Dr. More started his career with UNDP and United Nations, Geneva. He possesses strong strategic planning skills with long-term vision. Sir has wide range of experience with State Governments for strengthening health systems, building capacity and social mobilization for Rural Development programs as well as with South East Asian Countries.
We are glad to inform you that our company has made significant progress in implementing various infrastructure projects that have been taken up by the Company in recent years. Within a short span of time, the Company has emerged, developing its infrastructure projects.
NEW FORAYS, NEW GOALS
Undoubtedly, the company’s growth has been remarkable, enabling us to set the pace for future progress. However, we do realize that the key to the sustained progress of a company is dependent as much on its ability to de-risk as on its strengths and capabilities. In line with this philosophy, and in an effort to continuously leverage the opportunity matrix across new lines of business, it has been your company’s consistent effort to move into new areas of business and set new goals to take it to the next level. Our plans to foray into construction of power projects – a highly lucrative business opportunity in my opinion, are aimed at making the most of the potential in this field. With this in mind we are currently carrying out construction and completion of 30 hydro power plants of generation capacity from 1 MW – 20 MW in Arunachal Pradesh. We are currently doing projects in roads, sewerage, housing, solid waste management in Itanagar and Naharlagun and also coming up with CDP programmes in Orissa. We are also currently doing Social Audit for MGNREGA.
As we face the future, we do so with the knowledge that we are fully capable of addressing all challenges, on the back of our robust strengths on which we have built the foundation for our sustained progress. So let us be more aggressive in incorporating expansion possibilities in our growth plans. And let us ensure that our strategies and our actions will enable us to always LIVE THE FUTURE. On this positive note, we take this opportunity to express our heart-felt gratitude to all our patrons, shareholders, financers, bankers, stake holders, employees and also to record our sincere appreciation for the co-operation extended by the Central & State Governments, other statutory authorities and others associated with our company.