Mission Statement, Vision, & Core Values (2025) of ITD Cementation India Limited.

An Overview of ITD Cementation India Limited

General Overview of ITD Cementation India Limited

ITD Cementation India Limited, established in 1978, has a rich history as a leading player in the construction and engineering sector. The company focuses on providing a wide array of services including civil engineering, infrastructure development, and specialized construction techniques. Its portfolio encompasses projects in sectors such as transportation, urban infrastructure, and water supply.

As of 2024, ITD Cementation has reported significant sales, primarily driven by its core activities in major infrastructure projects. The company’s reported total sales reached approximately ₹3,200 crore.

Company's Financial Performance in Latest Financial Reports

In the latest financial reports for the fiscal year ending March 2024, ITD Cementation achieved a record-breaking revenue of ₹3,200 crore, reflecting a strong growth of 22% compared to the previous year. The growth was primarily attributed to increased demand for infrastructure projects across India.

The main product lines contributing to this growth include:

• Civil Engineering Works: ₹1,200 crore
• Marine Works: ₹800 crore
• Environmental and Water Supply Projects: ₹900 crore
• Highway Construction: ₹300 crore

Moreover, the company recorded a net profit of ₹240 crore, representing a profit margin of 7.5% for the financial year.

ITD Cementation also reported a significant order book of ₹12,000 crore as of March 2024, indicating robust future revenue potential. The company's growth was further supported by its strategic expansions into new regional markets, achieving notable milestones in urban development projects.

Introduction of ITD Cementation as a Leader in the Industry

ITD Cementation stands as one of the foremost companies in India's construction and engineering sector, known for its innovative solutions and commitment to quality. The company's diverse projects and strong market presence position it as a leader in infrastructure development.

To explore more about ITD Cementation's achievements, capabilities, and future prospects, readers are encouraged to delve deeper into the company's extensive project portfolio and market strategies.

Mission Statement of ITD Cementation India Limited

Mission Statement of ITD Cementation India Limited

ITD Cementation India Limited's mission statement is a concise declaration that encapsulates the company's commitment to building a sustainable and technologically advanced future in construction. The significance of this mission statement lies in its ability to guide the company's long-term goals and operational strategies, ensuring alignment across all facets of the organization.

Core Component 1: Quality

Quality is a fundamental pillar of ITD Cementation’s mission. The company emphasizes a commitment to superior standards in every project it undertakes. As of the latest report, ITD Cementation has achieved an ISO 9001:2015 certification, which underscores its dedication to quality management systems.

In **2022**, ITD Cementation reported a project delivery success rate of **95%**, reflecting its focus on quality and efficiency. With a workforce trained in the latest construction technologies, the company aims to minimize defects and enhance customer satisfaction.

Core Component 2: Innovation

Innovation is at the heart of ITD Cementation’s approach to construction. The company actively integrates the latest technologies and methodologies to improve project outcomes. For instance, ITD has adopted Building Information Modeling (BIM), contributing to a **20% enhancement in project delivery times**.

Recent investments in research and development reached approximately **INR 25 crore** in **2023**, focusing on innovative building materials and sustainable construction practices. This investment reflects the company’s commitment to maintaining a competitive edge and addressing emerging market demands.

Core Component 3: Sustainability

Sustainability is a core tenet of ITD Cementation's mission. The company is dedicated to minimizing its environmental impact through various initiatives, including waste reduction and energy-efficient practices. In **2023**, ITD Cementation reported a **30% reduction** in carbon emissions per project compared to previous years.

The company has also committed to using **30% recycled materials** in its projects, aligning with global standards for sustainable construction. This initiative not only meets regulatory requirements but also demonstrates leadership in environmental stewardship.

These components demonstrate ITD Cementation's robust vision for its mission, aiming to reinforce its position as a leader in the construction industry while prioritizing quality, innovation, and sustainability.

Vision Statement of ITD Cementation India Limited

Vision Statement Overview

The vision statement of ITD Cementation India Limited reflects its aspiration to become a leader in the construction sector, emphasizing sustainable development and innovation. As of 2024, the company envisions itself enhancing its reputation as a premier contractor within the industry.

Leadership in Construction

ITD Cementation aims to solidify its position as a leader by focusing on large-scale projects that contribute significantly to infrastructure development in India and abroad. The company has executed projects like:

• Airport Construction: Awarded a contract worth approximately INR 2,500 crore for the expansion of the Chennai Airport.
• Metro Rail Projects: Active involvement in the Mumbai Metro project with a contract value exceeding INR 3,000 crore.
• Bridges and Highways: Execution of the Eastern Peripheral Expressway, valued at around INR 1,300 crore.

Sustainable Development Commitment

As part of its vision, ITD Cementation emphasizes sustainable construction practices. Key initiatives include:

• Green Building Standards: Commitment to achieving LEED certification for at least 30% of its projects by 2025.
• Waste Management: Aim to reduce waste generation by 20% across all projects by 2024.

Innovation and Technology Integration

ITD Cementation is dedicated to integrating advanced technology in construction to enhance efficiency and safety. The company has invested in:

• Digital Tools: Implementation of Building Information Modeling (BIM) across 50% of projects.
• Drone Technology: Utilization of drones for site surveying and monitoring, increasing project efficiency by 15%.

Global Expansion Strategy

Under its vision, ITD Cementation is pursuing global opportunities in emerging markets. Notable achievements include:

• Project Contracts in Africa: Securing contracts worth approximately USD 150 million for infrastructure projects in Nigeria and Kenya.
• Partnerships in Southeast Asia: Collaborating with local firms in Vietnam and Thailand for road construction projects valued collectively at USD 100 million.

Social Responsibility Goals

ITD Cementation's vision incorporates a strong commitment to social responsibility. The company aims to:

• Community Engagement: Invest INR 50 crore annually in community development programs.
• Employee Welfare: Achieve employee satisfaction levels of over 85% as measured by annual surveys.

Core Values of ITD Cementation India Limited

Integrity

Integrity is foundational to ITD Cementation India Limited's operations. It ensures trust and accountability in all dealings, which are essential for sustained business relationships.

In 2024, ITD Cementation reinforced its commitment to integrity through various training programs for employees. Over 90% of employees participated in these integrity training sessions, focusing on ethical decision-making and compliance with regulatory standards.

The company also instituted a whistleblower policy, allowing employees to report unethical practices anonymously. As a result, ITD Cementation recorded 20 reports in 2023, all of which were investigated thoroughly, strengthening the workplace culture.

Excellence

Excellence drives ITD Cementation to achieve superior quality in its projects. This core value is reflected in its adherence to international standards and best practices.

The company achieved an ISO 9001:2015 certification, highlighting its commitment to quality management systems. In 2023, ITD Cementation completed projects with an average customer satisfaction rating of 4.8 out of 5, demonstrating excellence in execution.

Moreover, it has invested over ₹200 crores in advanced technology and employee training over the past year to enhance operational efficiency and project outcomes.

Innovation

Innovation is at the heart of ITD Cementation's strategy to remain competitive in the construction and infrastructure sector.

In 2023, the company launched the ITD Digital Transformation Initiative, allocating ₹50 crores towards research and development. This initiative aims to integrate cutting-edge technology into project planning and execution.

Furthermore, ITD Cementation successfully implemented a Building Information Modeling (BIM) system across 75% of its projects, resulting in a 15% reduction in project lead times and a 10% cost savings on average.

Sustainability

Sustainability is integral to ITD Cementation's operations, reflecting its commitment to environmental responsibility.

In 2023, the company reduced its carbon footprint by 18% through various initiatives, including the use of renewable energy sources and waste reduction programs.

ITD Cementation has also committed to using 30% recycled materials in its construction processes by 2025, with a current utilization rate of 22%.

Additionally, it has planted 50,000 trees as part of its green initiative, contributing to local biodiversity efforts.

Collaboration

Collaboration fosters a synergistic environment at ITD Cementation, enabling efficient project execution and innovation.

In 2024, the company initiated over 15 strategic partnerships with technology firms to enhance project delivery and quality.

ITD Cementation's cross-functional teams have resulted in improved project timelines, achieving an average completion rate of 95% on schedule across all projects in 2023.