How it started
History
Lanco was founded by Lagadapati Amarappa Naidu and his nephew Lagadapati Rajagopal, who was a member of 15th Lok Sabha representing Vijayawada from Indian National Congress. Lanco Infratech was created in 2006 to consolidate the 1960-founded Lanco Group's diverse operations under one brand. Initial growth was driven by large contracts primarily in construction. Later, other infrastructure areas such as power generation, transportation were also added. In 2017 the company became insolvent.
From Wikipedia’s article on Lanco Infratech, shared under CC BY-SA 4.0.2