GV Krishna Reddy

  Hospitality has been one of the industries that have received the hardest blows of COVID-19. Hospitality has been one of the industries that have received the hardest blows of Co v id 19. Sustaining their costs through travellers and tourists alone — the pandemic had quickly and unexpectedly blocked their only source of sustenance, leaving the industry in a gloomy state of depletion and drop. If we draw back to 2020, Hospitality was one sector along with tourism, travel or retail that directly froze with the imposed lockdown in the country. Travelling was not as common anymore, and on the other end, the entire working setup was shifted to digital means, curtailing the need for professionals to travel for corporate meetings or business trips. Amid the colossal wreck of its economy with the first wave of Covid, the Indian Hospitality sector witnessed a massive drop of 38.7 % in Revenue based on its Per Available Room. Dr.  GVK Reddy  assesses this recession in the hospita...

  Amidst tour packages’ misinformation spreading like wildfire, lockdown restrictions of countries changing by the minute or wrong choice of travel accommodation that might go against all your other safety precautions, Chairman of GVK Group, GVK Reddy suggests ways to safe travel for fellow Indian travel enthusiasts. By the beginning of the pandemic in India, in 2020, a  s udden restriction on travel was one change that the country had rarely seen before. As the lockdown restrictions were slowly relaxed later, travellers and enthusiasts alike were soon seen making the most out of their work from home settings to take Staycations and breather trips. Soon enough however, situations deteriorated again as the pandemic cases shot up in the country like never before, imposing a total ban on movement whilst also sealing borders that won’t let travellers in. For a large part of the year, travelling activities came to a halt and soon enough so, travelling started to look like a distant...

  C hairman of the GVK Group, Dr. GVK Reddy assesses the strengths of the new and promising Electricity Draft, underscoring the interest of the nation through a series of suggestions and unveiling the possible challenges that lie ahead of it. What is the National Electricity Policy Draft It is an ambitious government initiative that aims to accelerate the power infrastructure of the country, creating a sustainable power highway that makes electricity accessible to every pocket in the country. More electricity genera t ion & supply and the extended use of renewable power sources are at the core of the project. Of late in 2021, two months after the project was announced, the Ministry of Power, India set up a bench of experts to formulate and map this new strategy. The panel comprises an amalgamation of members from the various state governments, The NITI Aayog, Central Electricity Authority and the Ministry of New and Renewable Energy. The former Chairman of the Central Electrici...

  In recent times, if there is one nation that has shown the world an innovative direction with its immense emphasis and work on clean energy resources, it is Greece. Heralded as the cradle of Western civilization, the Greeks are an advanced culture with a scientific and modern outlook. Their present work in the renewable energy sector is incredibly commendable. Even when the entire world is struggling to accommodate resources, they are creating more, and doing so sustainably.  GVK Reddy , Chairman of GVK Group opines that, “We firmly believe that India can study and implement some of these strategies in our resources as well.” Need For Sustainable Energy The world is on the verge of an energy crisis. With each passing day as humanity depends more on technology, the rate of energy consumption keeps increasing, and with that comes alarming climate change crisis. The rise of global warming along with pollution has expedited the urgent need for sustainable energy production. Chai...

  Mumbai (Maharashtra) [India], March 4 (ANI/PNN): Even as the GVK Group prepares to exit the airports business, it's the jewel in the crown, Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has been awarded the Best Airport by Size and Region, in the over 40 million passenger category, by the Airport Council International (ACI), for the fourth consecutive year. CSMIA was lauded for its dedication and commitment towards delivering a superior customer experience by providing world-class facilities and services for its passengers in the midst of the most challenging year in global aviation history. GVK Group focus in the areas of implementing state-of-the-art technologies, customer engagement activities and service excellence, has resulted in the CSMIA airport bagging the ACI award for Best Airport by Size and Region in the 40 million passenger category, every year, since 2017. This achievement represents the passenger recognition and appreciation towards CSMIA...

  For him, long term corporate growth and sustainable environment go hand in hand. Environment protection is essential for a flawless economic growth, believes Dr. GV Krishna Reddy. For the entrepreneurs who are environmentalists, growth of business and preservation of nature goes hand-in-hand, is the philosophy of this eminent industrialist and philanthropist. Recently, environment protection has attracted the attention of global leaders due to the emerging climate problems. Concepts such as clean tech and green tech amongst others have emerged to reduce carbon emissions and other wastage produced via industries that concern environment sustainability.   The steps that GVK Group and its verticals have taken since the beginning when its business was established with a view towards environment preservation, indicates how conscious it’s Chairman, Dr. GV Krishna Reddy has been on the issue.   Consequently, India’s first Independent Power Plant (IPP), Jegurupadu CCPP P...

  GV Krishna Reddy led GVK EMRI, and Piramal Swasthya of Piramal Foundation amongst others brought gyration in containing the pandemic, helping millions across the nation in uncertainty Perhaps, the most difficult time for humanity since world war second broke out, Covid-19 brought the fast-moving world to a halt. Over millions have already perished and has left billions in extreme difficulties and uncertainties. However, such a time also made us witness unprecedented collaborations across the world between corporate leaders and the governments to tackle the pandemic. In India, several illustrious personalities in the business fraternity actively made generous donations to the government designated funds to fight the spread of the deadly virus. Along with contributing to the state fund, Chairman Dr.  GV Krishna Reddy  ensured that  GVK EMRI’s strong infrastructure spread across the states to be utilized for the service of the people.   Part of the social service...