The company envisions concluding the order book for FY 23-24 at a notably higher value of 1400 crores
Mumbai, 10th October 2023. EPACK PREFAB, the rapidly emerging leader in India’s pre-engineered structure manufacturing sector, has successfully concluded the construction of 12.3 million square feet of industrial facilities for cement and steel companies. In the midst of India’s robust infrastructure growth, cement and steel enterprises are rapidly augmenting their production capabilities. Responding to the surging need for infrastructure-related products, these firms are enthusiastically embracing cutting-edge construction solutions, with a notable shift towards adopting pre-engineered buildings for the expansion and establishment of their manufacturing facilities.
This accomplishment marks a notable milestone in EPACK’s journey, which began with their factory construction contract secured in 2019. With a total project value of INR 493 crores, these orders not only emphasize the cement sector’s potential in the country but also spotlight the company’s outstanding expertise in consistently delivering projects on time.
Explaining the factors driving this impressive expansion, Sanjay Singhania, Managing Director of EPACK PREFAB, noted, “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 North East 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%, expediting project completion and enabling businesses to commence operations more swiftly. This forward-thinking approach not only streamlines construction procedures but also plays a crucial role in promoting the sustainable growth of the nation’s infrastructure by reducing carbon emissions by as much as 60%.
PEBs provide exceptional design adaptability and can be customized to meet exact manufacturing specifications, guaranteeing an efficient layout for cement production procedures. Singhania further emphasized, “These constructions are expertly engineered to endure the demanding requirements of industrial usage, delivering a safe and reliable workspace that is essential for cement and steel manufacturing.”
With construction activity thriving in these pivotal areas and the widespread embrace of PEBs fueling innovation, India’s cement sector is poised for continuous growth and advancement.
EPACK has witnessed a remarkable expansion of 100% in its order book, comparing the fiscal years 2021-22 and 2022-23. As we gaze into the future, the company envisions concluding the order book for FY 23-24 at a notably higher value of 1400 crores. Furthermore, EPACK anticipates securing an additional 25% of its orders from cement and steel companies in the coming 12 months.
