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Chairman & Managing Director
Shri Sanjay Kulshrestha joined Housing and Urban Development Corporation Ltd. (HUDCO), a Navratna CPSE under Ministry of Housing & Urban Affairs (MoHUA) on 16th October 2023. Sh. Kulshrestha brings along with him three decades of rich experience in the infrastructure sector, particularly in power generation, transmission, and distribution. Starting his illustrious career with a Multinational Company, Sh. Kulshrestha's professional journey spans across various prestigious roles in State PSUs, Private sector Companies, and Central Public Sector Undertakings. Prior to joining HUDCO, he has dedicated 17 years of his career to REC, a Maharatna NBFC under the Government of India, where he led business operations with distinction and had also served as head of CSR arm and consultancy subsidiary. As CMD, HUDCO, Sh. Kulshrestha's vision is to significantly enhance the corporation's role in supplementing efforts of Government of India for creation of world class Infrastructure, in line with Viksit Bharat 2047. His strategies to diversify the overall resource base, improve liquidity profile and reduce HUDCO's cost of funds by establishing HUDCO’s footprints in the international markets, will enable lending at competitive rates for creation of resilient and sustainable infrastructure and achieve objective of profitability with social justice. Moreover, leveraging his extensive experience, insights in the power and infrastructure sector, his vision is to expand HUDCO’s operations along with consultancy and capacity building initiatives, which would pave way for HUDCO to emerge out as an entity offering 360° solution for Infrastructure creation and mitigating huge capital requirements in the sector.