AB Infra Solution
companies have to keep on innovating and offer effective Techno-Commercial solutions, keeping safety and deliverables in mind. Intelligent and effective use of all types of materials such as steel, aluminum, wood, and plastic will remain crucial.
As Scaffolding & Formwork equipment consists a reasonable part of overall construction costs, well designed solutions with proper time-plans can certainly reduce the overall project costs. Also, one should consider the delivery track record of a supplier rather than just the initial cost of the materials.
It is of utmost importance to choose the appropriate Scaffolding / Formwork System and Solutions for job in question. This requires a fairly good understanding of the subject and experience too, which can be drawn from the pool of resources available within a company. quick dispatches, which help in customer satisfaction and faster rotation of funds, while keeping quality of the products and services at the forefront.
We have in-house design and development facilities manned by experienced personnel, both at the drawing board and shop floor level. We carryout various tests within our facilities and through reputed laboratories, whenever the need arises. There have been quite a few projects where we have provided our systems and solutions, well within the stipulated time, thereby, saving costs for our customers. Infact, our resolve to excel at every step, has been certainly helping us gain more customers.
Both Demonetization, and switching over to GST have certainly impacted business in 2017, as months went by trying to get a grip on the new tax regime. Once all the loopholes are plugged and the new regime made less taxing, GST is certainly going to ease doing business. We too lost a few months but now it seems that we are getting on track workwise.
The market for Scaffolding and Formwork Solutions in India consists both organized and unorganized sectors, and it is difficult to predict the actual market size. However, as a thumb rule, Scaffolding & Formwork comprises 2-5% of cost of construction, if considered single use of materials. So, in terms of absolute value, the market size should run into thousands of crores of rupees.
A sluggish Real Estate sector has certainly reduced work of our Industry. But renewed thrust by the government to invest heavily in infrastructure developments such as Highways, Airports, Affordable Housing etc, offers greater scope of doing business in the years to come.