Looking to become a billion-dollar company in 3-5 years

Tata Consulting Engineers, the country's largest private sector engineering and project consultancy firm, is growing at a robust 2425%y-o-y, focusing on sectors like energy, transportation and others.

- 

Amit Sharma, MD and CEO, talks to Raghavendra Kamath about the future of nuclear energy and the company's growth strategy.

Edited excerpts: After the government push for private participation in nuclear energy, do you think companies have been actively pursuing it? I have been interacting with almost every interested player in India. There are six to seven conglomerates and few others exploring this space, and they have been interacting with us. I think there is a strong interest in terms of commercial and business proposition, and the fact that it provides base load continuity and clean energy.

The sector was completely and exclusively government-controlled until now. The main challenge for private companies is liability, insurance and project timelines. Private companies entering this sector want to ensure they are protected against any risks. The first priority is having a proper insurance coverage for both existing and future liabilities, which is crucial for their participation. This is a valid concern globally—any private player entering this sector would want safeguards.