Looking into the time frame of tight project schedule, PEB structures can be used for tenders to deliver quality, esthetic, structural flexibility & ultimately promote usages of steel over concrete. The other advantage of the PEB structure is that steel can reduce carbon dioxide emission which will minimize pollution. At Era, we are catering to the requirement of clients in Power sector, heavy structural steel for boiler support structure also and for infrastructure projects. PEB industry is in fragmented condition – so the company will take well crafted long- term strategies in order to attempt a consolidation of the same.
India is the fastest growing market in the PEB construction segment at 9.5%, ahead of China at 8.5%. The Industry size of Pre-Engineered buildings in India is $0.38 billion. Currently, 33% of the Indian Construction industry is based on PEBs, whereas the remaining 67% is Conventional construction. Era BuildSys is trying to enter into all sectors for growth potential in coming projects. Overall the PEB industry in India is expected to grow rapidly at around 35% per annum (which is considered as a conservative estimate). As per the industry experts, potential growth with current capacity is 10% year-on-year basis. Hence there would be good scope for capacity expansion for the current market players in the Indian PEB Industry.
As the future seems bright and more demand is expected. ERA BuildSys will come up with more installed capacity. It will give greater emphasis on marketing and brand promotion – through participation in industrial and Trade promotional fairs – to grab and tap more business and customer attention. In addition, bring in centralisation of processes by better implementation of centralised IT and design systems.
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