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Our Bureau

Hyderabad, July 28 A new wave of infrastructure development, with an eye to meet the future demands, especially in roads, airports and power sectors, is expected to drive development, according to the Chief Commercial Officer of the Rajiv Gandhi International Airport (RGIA), Mr A. Vishwanath.

He said the need for public-private partnerships in building infrastructure to meet long-term needs is required.

Citing the example of the GMR consortia-developed RGIA as a successful venture on the public-private partnership model, Mr Vishwanath said several such successes were needed. He was speaking at a function organised by the Badruka Institute of Foreign Trade (BIFT), to mark the start of its two-year post-graduate course.

Urging students to develop confidence, gain good subject expertise and team work, Mr Vishwanath said it was three bright young managers in the GMR Group who played an important role in the company bagging an international airport project bid in Turkey.

Mr Y. Sivaramakrishna, Deputy Executive Director of the Centre for Good Governance, said today students have enormous opportunities, but also face unexpected challenges.

He listed five challenges before them — globalisation, governance, socio-political situation, organisation and personal front.

He said while students could get lucrative jobs in big corporates, they are also exposed to situations such as takeovers (for example Daiichi Sankyo taking over Ranbaxy) and new managements or Reliance overnight closing down 900 retail petrol outlets, which are unexpected shocks. As management students, they should be prepared for such unexpected turns, he advised.

Earlier, Dr S.K. Mathur, Director of BIFT, in his welcome address said students had been getting 100 per cent placement for the past 3 years. The average cost to company has been around Rs 4.2 lakh.

Mr Hari Prasad G. Badruka, Chairman and Honorary Secretary of the Badruka Educational Society, said tie-ups with universities in the UK and the US were being firmed up.

More Stories on : Infrastructure | Andhra Pradesh

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