Rakesh Ashok Markhedkar – Chairman and Managing Director - VIKRAN Engineering Ltd. of Vikran Engineering Limited

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Professional Overview

  • Rakesh Ashok Markhedkar serves as the Chairman and Managing Director of Vikran Engineering Limited, a company he founded in 2008, which specializes in engineering, procurement, and construction (EPC) projects across various sectors including power, water, and railway infrastructure.
  • Under Rakesh Markhedkar's leadership, Vikran Engineering has executed and is currently managing projects worth over 650 million USD, demonstrating significant growth and capability in the EPC sector.
  • Vikran Engineering operates in 22 states and 104 locations across India, showcasing the company's extensive reach and operational capacity in the infrastructure domain.
  • Rakesh Markhedkar has over 34 years of industry experience, contributing to his expertise in strategic planning, business development, and project execution within the EPC landscape.
  • As a result-driven leader, Rakesh Markhedkar emphasizes innovative solutions and exceptional results, positioning Vikran Engineering as a competitive player in the infrastructure market.
  • Rakesh Markhedkar has been instrumental in building a diverse team of approximately 850 professionals, including engineers and techno-commercial executives, enhancing the company's operational efficiency and project delivery capabilities.
  • Vikran Engineering has been recognized internationally, receiving awards that highlight its commitment to quality and excellence in project execution, further solidifying Rakesh Markhedkar's reputation in the industry.
  • Rakesh Markhedkar's expertise encompasses various areas including engineering design, procurement, quality safety, and cash flow management, which are critical for successful project execution in the EPC sector.
  • He has played a key role in fostering customer relationships and liaising with government entities to secure necessary statutory clearances, ensuring smooth project operations.
  • Rakesh Markhedkar's strategic vision includes expanding Vikran Engineering's footprint in international markets, reflecting a commitment to business growth and diversification.
  • His leadership style focuses on team building and development, promoting a culture of collaboration and continuous improvement within the organization.
  • Rakesh Markhedkar has been involved in various large-scale projects, including power substations, transmission lines, and irrigation systems, showcasing his versatility and depth of knowledge in the infrastructure sector.
  • He has successfully navigated the complexities of project management, including risk analysis, budgeting, and insurance claims management, ensuring financial viability and project success.
  • Rakesh Markhedkar's contributions to the EPC industry have positioned Vikran Engineering as a trusted partner for large industrial projects, particularly in the power and water sectors.
  • Through his leadership, Vikran Engineering continues to innovate and adapt to the evolving needs of the infrastructure landscape in India, reflecting Rakesh Markhedkar's forward-thinking approach.
Professional Experience
CompanyDesignationPeriod
Bajaj Electricals LtdPresidentNov 2012 – Nov 2015
Larsen & Toubro LimitedSENIOR MANAGERJul 1990 – Aug 2003
Emco LtdCEO PROJECTSAug 2005 – Feb 2012
VIKRAN ENGINEERING PRIVATE LIMITEDAdditional Director20-Nov-2015 – 09-Mar-2016
INDIAN ELECTRICAL AND ELECTRONICS MANUFACFTURERS ASSOCIATIONDirector15-Oct-2020 – 29-Oct-2021
VIKRAN ENGINEERING PRIVATE LIMITEDDirector09-Mar-2016 – 10-Mar-2016
VIKRAN Engineering Ltd.Chairman and Managing DirectorNov 2015 – Present
Indian Electrical & Electronics Manufacturers'​ Association (IEEMA)Chairman - Western RegionAug 2022 – Present
SARVAPALAKA VANIJYA PRIVATE LIMITEDDirector25-Jul-2015 – Present
FLORENCE MULTIMEDIA PRIVATE LIMITEDDirector25-Jul-2015 – Present
VIKRAN ENGINEERING PRIVATE LIMITEDManaging Director10-Mar-2016 – Present
DEB SUPPLIERS & TRADERS PRIVATE LIMITEDDirector05-Dec-2014 – Present
FARISTA FINANCIAL CONSULTANTS PRIVATE LIMITEDDirector05-Dec-2014 – Present
Current Appointments
CIN/LLPCompanyDesignationDate
U51101MH2010PTC272061DEB SUPPLIERS & TRADERS PRIVATE LIMITEDDirector05-Dec-2014
U51109MH2005PTC286830SARVAPALAKA VANIJYA PRIVATE LIMITEDDirector25-Jul-2015
U74120MH2010PTC272064FARISTA FINANCIAL CONSULTANTS PRIVATE LIMITEDDirector05-Dec-2014
U74999MH2008PTC180500FLORENCE MULTIMEDIA PRIVATE LIMITEDDirector25-Jul-2015
U93000MH2008PTC272209VIKRAN ENGINEERING PRIVATE LIMITEDManaging Director10-Mar-2016
Previous Appointments
CIN/LLPCompanyDesignationPeriod
U93000MH2008PTC272209VIKRAN ENGINEERING PRIVATE LIMITEDAdditional Director20-Nov-2015 – 09-Mar-2016
U93000MH2008PTC272209VIKRAN ENGINEERING PRIVATE LIMITEDDirector09-Mar-2016 – 10-Mar-2016
U99999MH1970GAP014629INDIAN ELECTRICAL AND ELECTRONICS MANUFACFTURERS ASSOCIATIONDirector15-Oct-2020 – 29-Oct-2021

Estimated Net Worth

Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)

Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.

Executive Contact

Official Email: Via Vikran Engineering Limited corporate communication desk.

Personal Contact: Not publicly disclosed.

Frequently Asked Questions

What is Rakesh Ashok Markhedkar's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).

How can I contact them?
Through Vikran Engineering Limited's official communication channels.

Is this an official profile?
No — independently created using public data.

Disclaimer

This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.

Nothing here should be interpreted as investment, financial, or legal advice. The individual featured has not authored or endorsed this profile.

Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)

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