To cater to the next boom, we are ready with local production
Formwork

To cater to the next boom, we are ready with local production

With over 50 years of experience, the PASCHAL group specialises in formwork and formwork technology. Manikandan Mahalingam, General Director, PASCHAL Formworks (India), shares more…

One path-breaking offering: We focus on service support and have a refurbishment facility, unlike anyone else, in India. We offer pre-consultation to our clients prior to sales. The technology we have adapted allows easy erection of the formwork within a short duration.

Demand drivers in 2019: Our products can be used across the residential and commercial segments, in infrastructure projects as well as the industrial sector. We are also getting good market share from the defence sector. We are not dependent on one segment and each segment has unique growth; hence, 2019 is promising for our business strategy.

Announcement contributing to the company’s growth in 2018: To cater to the next boom, we are ready with local production without compromising on quality. This will help us supply our formwork within 21 days time to support our client with the fastest delivery.

Challenge in 2019: We used to get repeated orders from existing clients who know our product advantages in comparison with all others. That said, adding new customers in our customer pool is a big challenge every year. Last year, we added a good number of clients; hence, we will focus on new customer additions, including small-scale contractors.

Key strategy to success in 2019: To cater to the needs of contractors, irrespective of their scale and size. Local production will help increase our market share, further making our clients’ projects successful with our prime quality and huge cost savings and spreading awareness of our product enabled with RFID technology. We will make people aware about our refurbishment facility and how it will help clients use their existing Paschal materials in a better way, to make them look as good as new.
 

With over 50 years of experience, the PASCHAL group specialises in formwork and formwork technology. Manikandan Mahalingam, General Director, PASCHAL Formworks (India), shares more… One path-breaking offering: We focus on service support and have a refurbishment facility, unlike anyone else, in India. We offer pre-consultation to our clients prior to sales. The technology we have adapted allows easy erection of the formwork within a short duration. Demand drivers in 2019: Our products can be used across the residential and commercial segments, in infrastructure projects as well as the industrial sector. We are also getting good market share from the defence sector. We are not dependent on one segment and each segment has unique growth; hence, 2019 is promising for our business strategy. Announcement contributing to the company’s growth in 2018: To cater to the next boom, we are ready with local production without compromising on quality. This will help us supply our formwork within 21 days time to support our client with the fastest delivery. Challenge in 2019: We used to get repeated orders from existing clients who know our product advantages in comparison with all others. That said, adding new customers in our customer pool is a big challenge every year. Last year, we added a good number of clients; hence, we will focus on new customer additions, including small-scale contractors. Key strategy to success in 2019: To cater to the needs of contractors, irrespective of their scale and size. Local production will help increase our market share, further making our clients’ projects successful with our prime quality and huge cost savings and spreading awareness of our product enabled with RFID technology. We will make people aware about our refurbishment facility and how it will help clients use their existing Paschal materials in a better way, to make them look as good as new.  

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement