Dear Shareholders,
I would like to begin by extending my warmest greetings to each of you, both personally
and on behalf of the Board of Directors.
With India's remarkable growth in infrastructure spending,
doubling from ?67 lakh crores between 2017 and 2023 to a projected ?143 lakh crores from
2024 to 2030, as per NITI Aayog reports, the country is setting new benchmarks in
large-scale national projects that resonate at the local level. This massive investment in
infrastructure is not only trans- forming the landscape but also laying the groundwork for
innovative financial models that can be replicated globally.
In alignment with these efforts, I commend EQUIPPP's initiative,
EQUIPPP DESI (District Economic and Social Im- pact Fund), for being launched to empower
local infrastructure development through innovative financial vehicles like GIFT City and
others.
By leveraging EQUIPPP's cutting-edge platforms and mobilizing expert human
resources, EQUIPPP DESI can set a
new trend in how local infrastructure is financed and managed, while also creating
significant social impact.
I am hopeful that EQUIPPP DESI along with combination of EQUIPPP 3.0 labs and EQUIPPP
core IPs is going yield decent business prospects for the company's growth
I express my gratitude to the Directors and management for their support and look
forward to the exciting journey that lies ahead.
In conclusion, I extend my warmest wishes to the esteemed shareholders, management, and
directors of EQUIPPP for a
year filled with success and happiness.
Thank You,
Dr Narendra Mairpady