Scaling Up

Considering the benefits that formwork brings, it is certain that its demand will only continue to shoot upwards

The entry of several scaffolding and formwork multinationals into Indian market in the recent past, has revolutionised the way we used to con-struct few years ago. Few Indian manufacturers have also introduced innovative products and systems which are affordable and one stop solution provider for all construction-related problems. But it is vital to select the appropriate and right formwork solutions and their service provider. These days, most of them are offering best of their services and cost-effective scaffolding and formwork solutions.

In today’s competitive market, contractors and builders are facing tough competitions which necessitate most economic formwork and scaffolding solutions and also offer speed, safety of workers and most importantly quality to keep them a step ahead in business.

Raj Lakhani, MD, PERI (India), says, “India is expected to become the third largest construction market globally by 2022. Rapid growth of urbanisation, major investments in infrastructure segment will drive the Indian construction market. With such growth prospects across construction segments, we see many opportunities in Indian formwork market and it will continue to grow in coming years.”

Innovations in any industry doesn’t happen overnight, it takes time, to understand a product and desire to take it to the next level of excellence. With the government laying special emphasis on construction and infrastructural development, opportunities abound in the Indian scaffolding and formwork (S&F) industry. Yet, there are some challenges like time and cost constraints. Moreover, the general paucity of trained professionals in this field is also a cause for concern. Nevertheless, with the demand rising in the wake of ongoing and future projects, S&F manufacturers are keeping pace with the construction industry.

MAKING IT LARGE