Page 54 - CO_July_2022

INTERACTION PRECAST & PRECAST EQUIPMENT

Aurobindo Precast Factory, Hyderabad
Tell us of the new products you have introduced or intend to increase exponentially. The total market for concrete precast
introduce and the geographical markets where you are planning products is likely to continue on its relatively strong path of growth
to push them? in the short to medium term.
We have talked of SEMI concept of machines that are portable India will be soon leapfrog to adopt this technology as Precast
plants and can be set up at site and can cater to specific projects provides off site construction and uses RCC cheapest Raw
and later can be dismantled to be taken to a new location. Such material, which makes it comparable in costs to Traditional
flexibility allows client to address business opportunities at wider construction while rendering advantages in speed and Labour
geographies reduction.

In which sectors do you expect demand for your products in the How do you expect the market to shape up for the precast
coming years? concrete sector in India?
Real Estate, Building construction, Metro Rail, High Speed Corridors, Construction industry in India, traditionally has always been site
Bullet Trains will be the future growth drivers for precast industry based and this has resulted in status quo and led to build up of
inefficiencies resulting in delays and increase in cost while missing
Do you offer rentals and equipment financing to prospective out on the benefits of standardization.
customers? This is the Paradigm that needs to be changed, manufacturing
While we do not directly finance the equipment purchase, we approach and technology implementation needs to be
have different ways to get flexibility in payment to clients. As incorporated in building construction, this will bring in benefits of
our equipment are related to large projects spanning over long cost, quality and speed. It also brings in standardization which is
periods of time, rental is not a viable option. the missing element in construction industry.

How widespread is the acceptance of precast technology in Future outlook for your company
India? What are you doing to disseminate knowledge about it We look forward to at least 10% of all building construction to be
among end-users? done in Precast over the next 10 years and that’s a possible target
We believe that in the next five years, adoption of precast will the way country is growing

BE Billimoria Residential Building, Pune BE Billimoria Precast factory, Pune

54 CONSTRUCTION OPPORTUNITIES|JULY 2022