The Indian market is evolving and is still young

02 Jan 2019 CW Team

Keshab Chopra, Managing Director-India and SAARC, Doka, states that the RERA initiative by the government will help the industry stay organised…

One pathbreaking offering: We have a wide range of applications from formwork to scaffolding solutions such as wall formwork, slab formwork and climbing formwork. We are looking to go beyond formwork and provide unique solutions like Concremote that will enable our customers to understand how concrete behaves while it is cast, by being a partner in their concreting process.

Demand drivers in 2019: The Indian market is evolving and is still young. We see strong growth in the housing and commercial segments for us.

Announcement contributing to the company’s growth in 2018: In India, we need to be more widespread in our ability to respond to our customers. Hence, we have decided to be closer to our customers in the pre and post-sales process.

Challenge for the company in 2019: One of the challenges we have seen in the Indian industry is the payment cycle. This is still not eased out in the way we would expect it to be.

Key strategy to success in 2019: We do not want to limit ourselves to any specialised segment. We will definitely participate in the real-estate segment, both residential or commercial, as well as infrastructure and heavy industry. We have the requisite product solutions and services in our basket globally.

Recommendation for growth of the construction equipment market: RERA is a positive step taken by the government and this will enable the industry to become more organised with better technologies that could be used in the construction industry.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..