The Shapoorji Pallonji Group, one of India's largest and most historically significant industrial houses, is shifting its strategic focus towards the development of ‘owned’ infrastructure, particularly in the realms of roads, ports, and power, as the organization approaches its significant milestone of 150 years in operation.
During an event held in Mumbai, Mr. Shapoor Mistry, the Group Managing Director, stated, "We have executed numerous projects through our subsidiary, Afcons, as contractors; however, we now aim to intensify our efforts on ownership-based infrastructure ventures. While we have previously undertaken work in these domains, holding ownership of these projects will be our primary focus moving forward."
The diverse interests of the group predominantly encompass sectors such as Real Estate, Construction, Textiles, Apparels, Shipping, and Water Purification Appliances.
Additionally, it is noteworthy that Mr. Pallonji Mistry, the group’s Chairman and Shapoor's father, holds a significant stake in Tata Sons, reportedly owning 18.5% of the shares in the esteemed salt-software corporation.