FALGUNI PADODE, Co-Founder & Group Managing Editor,
ASAPP Info Global Group, thanked the keynote speaker Raghav Chandra, audience, sponsors, jury, winners, and ASAPPians in all gratitude for being the true makers of the successful evening. Excerpts from her talk:
´Many of you present here today have walked this road with us often over the years - 14 years of this award and 20 years of CONSTRUCTION WORLD. And, we are very grateful for your support.
Success, as we define it, is much more than just getting the job done. It is a holistic term: It imbues passion, perseverance and sweat, and is driven not just by profit but by purpose as well. In fact, this came up at the Jury Meet this year, where completeness of purpose and ability to impact also played a role along with the absolute numbers.
Our winners today are at the helm of the Resurgence, which is also the subject of this evening; they are the harbingers of the change that is coming... as is being indicated across all industry parameters; overcoming obstacles, mooting for change, and aspiring for the best. They are the ones who dream with their eyes open and pledge themselves to a stronger, smarter and more sustainable India.
Tonight, we salute all of you ++ and your vision. May your tribe grow!´
Emergence of Integrated MEP business are basically encouraging small contractors as because in most of the cases the major equipments are bought by the developers (employer/client) and being given to the MEP contractors to erect or install. This type of projects are not suitable for large contractors as only erection sort of a job is left to be done which doesnt attract more much desired profits compared to the manpower investment. Also, from client/employer's point of view if they buy the major equipments themselves by taking engineering/technical help from consultants it will save them atleast 10 to 15% of value on each equiipments which the contractor might have costed for that particular project. Due to this reason MEP business is a big failure in eastern part of the country. But yes, Indian HVAC industry has a great future ahead.