Real Estate


AV Krishnan, Past President and Life Member, Indian Welding Society (IWS), and Member, National Governing Council (NGC)

“The construction industry is one of the major sectors that will impact the welding industry. This will generate good employment for welders and demand for fabrication infrastructure. There are many projections on the need for skilled welders by 2025 and beyond. While critical sectors like automotive, heavy engineering, etc, are showing slow growth, the requirements of welders and welding infrastructure in the construction industry are high.

The Design and Build approach will boost welding automation technology. If there is huge standardisation, it can serve as a mass production tool for the Design and Build approach. Many corporate real-estate builders are trying to promote this. There are technologies where modules can be manufactured offline and assembled at project sites.

The welding industry’s expectations are naturally for high growth in the industrial arena. While real estate would cover a small percentage of total welding requirements, areas like infrastructure, power industries, refineries, etc, will boost welding opportunities, apart from heavy engineering industries, automotive etc. So, all-round growth in the Indian economy leading to high growth in these areas, like it happened in the decade 2004-2014, is the expectation.”

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