Alluri Venkata Satyanarayana (AVS) Raju, the founder and honorary chairman of the construction giant Nagarjuna Construction Company (NCC) Limited, has passed away. NCC Limited announced in a statement that he breathed his last on Tuesday night.

AVS Raju was born in 1937 in Antarvedipalem, West Godavari district, Andhra Pradesh. He played a pivotal role in the construction of numerous landmark projects across the country.

Prominent figures from Telangana and Andhra Pradesh have expressed deep condolences over his demise. Business and industrial communities nationwide also mourned his passing, recalling his contributions.

For his significant contributions to the construction sector, AVS Raju was honored with the Lifetime Achievement Award by the Builders' Association of India in 2006.

As a prominent businessman from Andhra Pradesh and Telangana and a pioneer in the construction industry, AVS Raju's services are unforgettable. His passing is a great loss to the business sector of both Telugu states.