MEIL’s Green & Tech Revolution: A ₹40,000 Crore Leap

Megha Engineering & Infrastructures Limited (MEIL) has announced a massive ₹40,000 crore capital expenditure program over the next two to three years. This strategic investment will aggressively expand the Group's footprint across infrastructure, green energy, and emerging technologies.

Under the leadership of Managing Director PV Krishna Reddy, MEIL is targeting a consolidated topline of ₹2 lakh crore within five years, building on an expected rise from ₹60,000 crore last year to nearly ₹80,000 crore this year. To fuel this growth, the conglomerate plans a series of IPOs for its subsidiaries, starting with EV operator Evey Trans, followed by its defence and gas distribution arms. Backed by high-tech ventures—including a joint venture with Abu Dhabi-based Analogue in physical intelligence and battery manufacturing—MEIL is rapidly evolving across 13 diverse verticals, spanning infrastructure, mobility, and advanced manufacturing.

News by Rahul Yelligetti.