Centre to invest in 7 new bullet train corridors
The Centre is planning to invest Rs 10 trillion in seven new bullet train projects. September 2020
The ceremony was attended by Ash Bhardwaj, President Asia and Middle East, Katerra; Nejeeb Khan, Head - Design & Business Strategy in India, Katerra; and Ravi Bhat, Head of Operations, India and Middle East, Katerra.
After setting up factory campus at Krishnagiri, Tamil Nadu and a movable onsite factory in Lucknow, this will be Katerra’s second state-of-the-art, automated factory in India. The factory will help bring Katerra’s unique global technology solutions to construct residential projects, commercial office buildings, hotels, malls, hospitals, schools and industrial parks across Telangana.
Speaking on the ground-breaking, Bhardwaj said, “Today, every other MNC wishes to have its presence in India, which indicates that there will be a huge requirement for offices and tech parks across the country in coming years. Alongside, the need for technology-driven construction in retail, housing, education institutions and hospitals will also rise owing to growing urbanisation. Thus, technology-driven offsite manufacturing will help caterto this demand by reducing delivery time by up to two-third, thereby speeding up the construction process. Apart from our factory at Krishnagiri near Bengaluru, we now have a factory in Hyderabad to service our clients in southern India. Going forward, we plan to invest in setting up factories in the Mumbai-Pune region in the later part of the year, followed by a plant in NCR to cover the northern market.”
Sharing his insights on the need for technology driven construction in India, Nejeeb Khan, Head Design & Business Strategy in India, Katerra, “Across the globe, Data Driven Design, Design for Manufacturing and Assembly (DFMA), modular construction, offsite manufacturing, intelligent buildings and construction software are gaining prominence in order to construct faster and better structures. Through Katerra, we are introducing such new and innovative solutions in India that need to be adapted to cater to the country’s growing demand for overall infrastructure development. We believe that India has tremendous potential of replicating some of the global construction models and build beautiful structures in both commercial and residential sectors.”
Katerra will also provide end-to-end building services ranging from completed 3D rooms, walls, beams, columns, hollow core slabs, double walls, modular MEP and plug and play bathroom pods. Katerra is poised to create over 1,000 jobs and over 7,000 additional jobs across various jobsite and auxiliary services. In addition, it will also set up vocational training centre to upskill the workforce and will focus on providing them technical training with an aim to help them build long-term careers.