Under Cyrus, Shapoorji Pallonji Group touched sterling heights
A civil engineer from Imperial College, UK and M.Sc in management from London Business School, Cyrus P Mistry, at the age of 23 joined the board of Shapoorji Pallonji & Co as a director in 1991 and has been at the helm of the construction business of the group.
Till his appointment as the deputy chairman of Tata Sons, Mistry was the managing director of Shapoorji Pallonji & Co and chairman of Afcons Infrastructure. He was appointed on the board of Tata Sons in 2006 and has gained close familiarity with the group since then.
Under his tenure the Groupís businesses evolved from pure construction to executing projects under design and build and EPC delivery methodologies, implementing complex projects in the marine, oil & gas, and rail sectors. The Group also extended the presence of its construction business across 10 countries under his tenure.
Mistry has also been instrumental in the diversification of the groupís business as he led to the launch of the infrastructure development vertical in the Shapoorji Pallonji Group in 1995 with a 106 MW power project in Tamil Nadu. The infra vertical has also developed two large road projects totalling an investment of $550 million. He also
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