EPACK PREFAB, the emerging leader in India's pre-engineered structure manufacturing sector, has concluded the construction of 12.3 million square feet of industrial facilities for cement and steel companies. The total project value amounts to approx. Rs 493 crore.
Amidst India's robust infrastructure growth, cement and steel enterprises are focusing on increasing their production capabilities. Responding to the rising need for infrastructure-related products, these firms are embracing cutting-edge construction solutions, with a shift towards adopting pre-engineered buildings for the expansion of their manufacturing facilities.
Sanjay Singhania, Managing Director of EPACK PREFAB, said, "The robust infrastructure development initiatives in India, including projects like highways, bridges, and real estate ventures, have spurred a heightened demand for construction materials involving cement and steel. Cement manufacturers are actively pursuing construction approaches that provide speed, cost-efficiency, and sustainability to enhance their production capacities. Pre-engineered buildings are increasingly becoming the preferred choice for these companies."
The primary surge in construction demand is originating from the Northeast and Southern regions of the country. Prominent hubs, particularly Assam and Maharashtra, have witnessed a significant uptick in demand. In response, EPACK PREFAB has effectively executed projects for distinguished companies, including but not limited to Dalmia Cement, Ultratech Cement, Calcom Cement, Ambuja Cement, Tata Steel, Jindal Steel, and others.
As cement companies throughout India endeavor to boost their production capacities, the adoption of pre-engineered buildings (PEBs) is set to continue its upward trend. Incorporating PEBs into construction can lead to time savings of up to 50 per cent, expediting project completion and enabling businesses to commence operations more swiftly. This approach helps foster a sustainable growth of the nation's infrastructure by reducing carbon emissions by as much as 60 per cent.
EPACK has witnessed an expansion of 100 per cent in its order book, comparing the fiscal years 2021-22 and 2022-23, the company envisions concluding the order book for FY 23-24 at a higher value of Rs 1,400 crore. Furthermore, EPACK anticipates securing an additional 25 per cent of its orders from cement and steel companies in the coming 12 months.
