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Question Numbers: 11-20
CASE STUDY 3
Tanzifco, a cleaning company in Kuwait and the Gulf, is entering India by undertaking cleaning and waste management contracts. The company has floated a separate entity Tanzifco Cleaning and Waste Management Services Pvt. Ltd. in which 70 per cent will be held by Tanzifco and 30 per cent by a few Indian private players. The chairman of Tanzifco said his company was scouting for waste management contracts in various cities and towns. Besides waste management, it plans to take up cleaning contracts in hospitals, hotels, malls and IT buildings. At present, Tanzifco is in talks with authorities for maintenance of Hyderabad and Delhi airports. The company has trained professionals for undertaking cleaning of glass claddings used in high-rise buildings. It also trades in high-quality cleaning agents, he added. Tanzifco, he said, was one of the cleaning companies which was awarded a multi-million dinar (Kuwait currency) contract by the Kuwait Municipality for waste management services for 5 years. The group now employs more than 30,000 people across the region with operations in Kuwait, Qatar, Dubai, Abu Dhabi, Al Ain, Bahrain, Egypt, and Oman. The group's total turnover is about 200 dollar million.
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