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GRK Reddy bags the "Special Jury Award" at the 'Gateway Awards of Excellence- Ports & Shipping 2012'

• Prestigious award given at India Maritime week co-organized by the Ministry of Shipping, Govt. of India by K. Mohandas, Secretary, Ministry of Shipping, Government of India
• Recognizes GRK Reddy's outstanding achievements and exceptional accomplishments in the Indian Maritime Industry
• Awarded for promoting best practices, innovation and motivation
• " Inclusive growth philosophy" gets all round appreciation

Chennai, January 21, 2011: GRK Reddy, Chairman and Managing Director, MARG Group, amongst India's fastest growing infrastructure organizations, bagged the "Special Jury Award" in the prestigious Gateway Awards of Excellence: Ports & Shipping ' 2012. The award was given to GRK in lieu of his outstanding achievement and exceptional accomplishments in the Indian Maritime Industry and was presented by K. Mohandas, Secretary, Ministry of Shipping, Government of India at a grand ceremony during the India Maritime Week, on January 19, 2012 at New Delhi.

India Maritime Week, co-organized by the Ministry of Shipping, Govt.of India is an initiative on positioning and showcasing India as a Global Maritime Nation. It brings both international and Indian maritime community together to reflect the vibrancy and diversity of India as a major maritime destination. The award instituted by Gateway Media, promotes to showcase outstanding achievements and exceptional accomplishments of individuals and organizations in the Indian maritime Industry. The awards today have become a benchmark in the Indian maritime Industry.

GRK Reddy, widely acknowledged as a visionary and thought leader in infrastructure space wants to masterplan the social fabric by designing new products for life & future generations has won several accolades across the country. "Special Jury Award" at the Gateway Awards of Excellence: Ports & Shipping ' 2012 is in recognition of his visionary role displayed in building state-of-the-art MARG Karaikal Port facility and connectivity infrastructure from scratch. The award recognizes his sustained efforts in furthering port-led development in the Karaikal region.

Expressing his happiness over receipt of award, GRK Reddy, Chairman and Managing Director, MARG Group said, "Over the past 20 years, MARG Group has a built a reputation of reliability and quality in the infrastructure space across the country. The award reaffirms the entrepreneurial spirit that drives MARG to create a new face of Indian infrastructure which is localized and customized to demographics and socio-economic factors. Despite a challenging and competitive market place, we have remained committed to creating inclusive and sustainable infrastructure projects such as the MARG Karaikal Port that are critical to the Indian economy and benefit society as a whole."

Further commenting on MARG Karaikal Port's extraordinary development, GRK adds, that "Karaikal now boasts of one of the best ports on the east coast, competing even with the well-oiled port of Chennai and other integrated ports in terms of cargo handled, speed of clearance, efficiencies of scale and a diverse cargo mix. In a very short time, it is a matter of pride for all of us that MARG Karaikal port is now rated as the 'eastern port of call'."

GRK who has successfully carved a niche for himself in the domain of Indian infrastructure creation through his innovative business models, sustainable construction practices, path-breaking technologies, strategic partnerships was chosen after an in-depth search and selection process by an elite Panel of jurists facilitated by a leading advisory and consultancy firm as the process validator.

Today with clear strategy & growth plans, MARG Karaikal Port has emerged as the finest port on the south east coast and is now the economic growth driver for the region. The economic prosperity unlocked by Port operations has led to creating inclusive & sustainable growth in the region that catalyzed industrial investment & massive employment generation.

MARG Karaikal Port has transformed the field of marine architecture by Master Planning, Engineering, Design, on and off shore construction, project management and value engineering. It is committed to continuously invest in high quality infrastructure to meet the future maritime trade needs of the region. Higher discharge rates, no pre-berthing delays, faster turnaround times and savings in the integrated logistics costs vis-à-vis competing ports, has helped in attracting almost all major customers in the Central Tamil Nadu / Puducherry region.

About MARG Karaikal Port:

MARG Karaikal Port is a premier, deepwater, all weather port on the South East coast of India. The port has a sizable hinterland because of its strategic location. It is the only all weather, deep water, multi-commodity port between Chennai port and Tuticorin port and is strategically located at the middle of this 680 km coastline.

Awarded under BOT basis by the Government of Puducherry in 2006, MARG Karaikal Port when fully developed is envisaged to have a total of 9 berths capable of handling upto 47 MMTPA. The port is to be developed over 3 phases with the final phase getting operational by 2016. MARG Karaikal Port has shown its versatility by handling different types of cargo like coal, fertilizer, cement, raw sugar, project cargo, gypsum, containers, steel pipes, scarp, bagged sugar, construction material etc. Capacity to handle large vessels and diverse cargo, single window clearance, E2E logistics, state-of-the-art equipment, competitive tariffs and an ideal location are the hallmarks of MARG Karaikal Port.

MARG Karaikal Port's operational processes and practices are on par with the best in the industry and the port has managed to bag ISO 9001, ISO 14001 and OHSAS 18001 certifications in a record time, demonstrating the maturity and quality of operational processes followed at the port.

About Gateway Media

Gateway Media publishing and Media Company based in Hyderabad, India. It operates in diverse sectors ranging from earth sciences, geospatial technology, environment and sustainable energies to the maritime industry. Designed to provide highly informative and news-worthy content catering to the information needs of stakeholders, users and community at large, focused magazines facilitate intelligent and better decision making in the respective sectors. It works closely with government and industry partners, organise highly focused events and forums, which serve as a broader platform for stakeholders to discuss burning issues related to the concerned sectors. In their endeavour to recognise the efforts of the industry experts and reward their valued contributions, they have also constituted Gateway annual awards for each of these sectors.

About MARG Group:

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure major with presence across the value chain. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of 'Permitted Security'.

With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. The group is expanding its sectoral presence with airport projects in Bellary & Bijapur and Multi-level car park projects. Listed by Dun & Bradstreet among "India's Top 500 Companies 2010", today MARG Group has projects worth more than Rs. 3000 crores under execution, a seasoned human capital of more than 1300, global partners in the Infra space and offices spread across India, Singapore and China.

For more information, visit http://www.marggroup.com

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