Page 20 - CO_April_2023
P. 20

INTERACTION  COVER STORY                             structures often deteriorate gradually with time due to exposure

                                                               to various extremities. Contrary to our beliefs, demolition and
                                                               reconstruction might not be the first or ideal solution for most of
                                                               the structures. They need a scientifically driven approach involving
                                                               all the stakeholders coupled with expertise in material science to
                                                               enhance the longevity of the structures. With the advancement in
                                                               technologies, we have been able to achieve this with minimum
                                                               effort, and it has been a watershed moment in the history of
                                                               construction chemicals. Heritage structures that were built long
                                                               back have legacy and human emotions attached to them, which
                                                               makes their preservation of utmost importance. Adding strength
                                                               while conserving the look and feel of it is an art we have mastered.
                                                               Going forward, repair and rehabilitation will be one of our key
                                                               focus areas too.

                                                               What is your strategy in a price sensitive market like India.
                                                               Thermax strongly believes in value selling. We have and will always
                                                               put our customers first, from inception to execution, guiding
                                                               them at every step. We have never adopted a product-based
                                                               selling approach and have focussed on imparting value for the
                                                               customers to make an informed decision benefitting them in
                                                               the long run. We believe in the quality of our products and strive
                                                               to develop the best and cost-effective solutions for the market.
                                                               This not only reinforces the customer’s trust in us but also brings
                                                               us closer to understanding the needs and requirements better.
                                                               Thermax also puts safety at the topmost level, which accentuates
                                                               the value- based approach.

                                                               Which sectors are major demand drivers for CC & Waterproofing
                                                               chemicals in India.
                                                               The industrial, residential and infrastructure sectors are our major
                                                               demand drivers. Most of our products cater to these three sectors
                                                               in abundance.

                                                               Brief us on your manufacturing facilities, current capacities, and
                                                               planned upgrades?
                                                               Thermax has its construction chemicals manufacturing facility at
                                                               Jhagadia, Gujarat, which has sufficient capacity to cater to the
                                                               appropriate growth of the business. We are looking forward to
                                                               expanding our business in other Indian geographies with upgrades
                                                               when and wherever necessary.

                                                               What kind of government policy would foster growth of the
                                                               Roofing & PEB industry in India
                                                               Introduction of stringent codal provisions better suited to
                                                               incorporate designing solutions for the roofing and PEB industry in
                                                               a tropical environment is one policy that we are looking forward to.

                                                               Future outlook on the industry and from a company perspective.
                                                               The Indian construction chemicals industry is growing with the
                                                               development of infrastructure and residential space. Thermax
                                                               is very keen on capturing a major chunk of this market with a
                                                               combination of expert solutions and sophisticated technologies.
                                                               Our goal going forward will be to become a one-stop utility
                                                               partner to both industrial and commercial segments, helping
                                                               customers achieve better resource productivity and bottom lines
                                                               while maintaining a better environment.


        20   CONSTRUCTION OPPORTUNITIES|APRIL 2023
   15   16   17   18   19   20   21   22   23   24   25