In recent years, the Pre Engineered Building (PEB) consulting market in India has experienced strong growth as a result of the advances in construction technology, industrial expansion and growing infrastructure development. The PEBs, due to their cost effectiveness, speed of construction, and sustainability have found their applications in manufacturing, warehousing, commercial real estate and logistics sectors. As a result of the Indian government’s thrust on ‘Make in India’ and schemes such as the National Infrastructure Pipeline (NIP), the PEB market has been received an enormous push. The industry that has seen a surge in demand for industrial sheds, warehouses and cold storage facilities is that of e-commerce, retail and third party logistics. In addition, the increase in the number of public infrastructure projects, such as airports, metro stations and railway facilities also contributed to the need for PEB solutions.
Taking the lead in this domain are consulting firms that are offering the end to end solutions like design optimization, project management and compliance support. By applying cutting-edge technologies like Building Information Modelling (BIM) and the more advanced steel fabrication methods, PEB projects are more precise, cost saving and efficient. Growth has also been driven by urbanization and an emphasis on sustainable construction. India’s sustainability goals have led to the perception of PEBs as a more eco-friendly alternative to traditional construction because of their recyclability and lower carbon footprint. Furthermore, the demand is being driven by private players in multi-purpose industrial parks and high grade logistics infrastructure. Going forward, the market is expected to grow further on the backdrop of economic recovery post pandemic and increasing foreign direct investments (FDIs) in infrastructure.
In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that they have gone the extra mile in proving their commitment to excellence in an integrated manner.
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