Hindustan Construction Company Limited(HCC) is an Indian multinational engineering and construction company headquartered in Mumbai, Maharashtra, India. The company was founded by Industrialist Seth Walchand Hirachand in 1926.[3]
HCC has executed a majority of India’s landmark infrastructure projects, including 29% of India’s hydropower capacity, over 65% of India’s nuclear power generation capacity, 3,800 km of roads and expressways, 375 bridges and 337 km of complex tunnelling.
Ajit Gulabchand is the current Chairman of the company while Arjun Dhawan is the Executive Vice Chairman.[4]
History
Founding and early years
The company was founded by Seth Walchand Hirachand in 1926, when it received a contract to construct the Bhor Ghat Tunnel on the Mumbai-Pune railway line. The tunnel was completed in 1928.
In 1993, Ajit Gulabchand took the control of the company due to internal family problems.[5]
Timeline
1954 - Maharashtra's first dam after independence: Vaitarna dam, Maharashtra
1954 - India's first bridge: railway bridge across river Torsa, Assam
1954 - India's first water treatment plant in Mumbai
HCC Infrastructure Co. Ltd. is the infrastructure arm of HCC engaged in the creation and management of premium assets in transportation.
In 2010, HCC acquired a controlling stake in Steiner AG, Switzerland’s second largest building construction company in an all cash deal worth Rs 150 crore.[6]
