+
The Indian market is evolving and is still young
Real Estate

The Indian market is evolving and is still young

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.
 

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.  

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?