Garner Varlik Designer’s Efforts to Revive Stressed Assets – A New Approach

Garner Varlik Designer is a consulting firm specializing in Project Management and Consulting Engineers started four years ago with a view to offering Value Added Services for industries that have become sick for various reasons. Financial institutions repossess these Stressed Assets and take them to auction with a view to recouping their investment. In reality, however, without servicing the sick unit, they find it difficult to get what is due. On detailed analysis, it is clear that there is a need to do service for value addition for the benefit of the industry (lender, owner) to serve the purpose intended by each unit. The quantum of work is significant, with total NPAs in industry valued to the extent of Rs 9,00,000 crores! Stressed Assets in the power industry alone are worth about Rs. 3,50,000 crores.

Garner Varlik Designer has begun initiating contact and discussions with various financial investors with a view to participating in the business of reviving Stressed Assets. In this regard, please refer to the Asset Quality Review (AQR) of GVD put up on our website for your viewing. We are also persuading the Indian financial institutes to see the efficiency of this alternative approach of value addition by the revival method. Improvement in value is best obtained through the teamwork of consultants, bankers, lenders and buyers.