We are capitalising on the growing market opportunities by leveraging our core strengths of engineering and manufacturing.

Sricharan Vulchi, VP & Business head - Everest Steel Building Solutions What are the latest demand trends for PEBs and prefab systems? The construction industry has been witnessing a remarkable shift towards efficient and time-saving construction methods, leading to an increased demand for PEBs and prefabricated systems. These trends have been fueled by several factors,

We are capitalising on the growing market opportunities by leveraging our core strengths of engineering and manufacturing.

Sricharan Vulchi

 VP & Business head - Everest Steel Building Solutions

What are the latest demand trends for PEBs and prefab systems?

The construction industry has been witnessing a remarkable shift towards efficient and time-saving construction methods, leading to an increased demand for PEBs and prefabricated systems. These trends have been fueled by several factors, including cost-effectiveness, sustainability, and the need for rapid construction solutions.

The industry is working on optimizing cost, speed of construction, design flexibility, technological advancements in fabrication, and the application of these building systems across diverse sectors. The stakeholders are also focusing on improvements in construction practices for meeting sustainability goals. Embracing these trends can significantly increase the demand for Pre-Engineered Buildings (PEBs) and prefabricated systems poised for an incremental growth.

What is the role of PEBs in the current infrastructure development projects?

As infrastructure development projects continue to gain momentum worldwide, PEBs are playing a crucial role in shaping the construction landscape. PEBs offer numerous advantages that align with the requirements of infrastructure projects, making them an ideal choice for various applications. PEBs offer excellent structural flexibility, allowing for the efficient design and construction of diverse project types. The ability to customize PEBs to suit specific project requirements ensures that infrastructure developers can achieve the desired functionality, aesthetics, and performance without compromising on structural integrity.

With the growing focus on sustainability in infrastructure development, PEBs contribute to environmentally friendly practices. Rapid construction, cost-effectiveness, structural flexibility, durability, expandability, sustainability, and seamless integration of services makes them a preferred choice for infrastructure developers. By leveraging the advantages of PEBs, infrastructure projects can be executed more efficiently, meeting the increasing demands for essential facilities while ensuring long-term value and sustainability.

What are the key solutions from the company for PEB and allied segments?

Everest is a pioneer in the Building Solutions Industry for offering integrated solutions to its customers. Our range of comprehensive solutions encompasses various aspects of PEB and other allied solutions. We provide complete solutions from design and engineering to manufacturing, project management, customization and after-sales support. Our vast range of products in cladding and roofing solutions enable us to offer tailor-made solutions for the specific needs of each customer. With our expertise and commitment to quality, we deliver superior PEB solutions that meet the highest industry standards and exceed our clients' expectations.

How do you view the government initiatives for the PEB sector growth?

Government policies play an important role in shaping the development and expansion of the PEB sector. Government-led infrastructure development projects can provide significant opportunities for the PEB sector. Investments in sectors like transportation, logistics, warehousing, and public facilities will create significant demand in the PEB industry. We expect government to work with BIS and other industry experts for developing clear guidelines and standards specific to PEB construction for establishing quality benchmarks. This will boost confidence in their usage.

Other initiatives like providing financial incentives, promoting skill development, supporting research and development, and encouraging sustainability can create a favourable environment for the expansion of the sector. These initiatives will not only drive market demand but also foster technological advancements, standardization, and sustainability, ensuring the long-term growth and success of the PEB industry.

What kind of growth are you expecting for your business in future?

We anticipate an overall expansion of the PEB market due to increasing awareness and market acceptance of the benefits offered by PEBs. As more industries and sectors recognize the advantages of PEBs, the demand for our products and services is expected to grow. We aim to capitalize on this expanding market by leveraging our expertise, reputation, and customer-centric approach.

The application areas for PEBs are also continually expanding beyond traditional sectors such as industrial and commercial buildings. We plan to tap into these emerging sectors and capitalize on the opportunities they present.

With a positive outlook for the future growth of the PEB industry, we aim to grow sustainably and maintain our position as a leader in the PEB industry.

What is your future expansion plan to meet the market demand?

We are investing in additional manufacturing facilities to expand our geographic footprint. By expanding our reach, we'll be able to serve clients across the country and capitalize on regional growth opportunities. We will continue to invest in advanced machinery and latest design software to optimize our processes and improve operational efficiency.

We are also expanding our range of integrated PEB solutions to cover a broader spectrum of applications for commercial buildings. Additionally, we will explore opportunities to provide complementary products and services that align with our core expertise in PEB construction.

This will enable us to meet the growing market demand, strengthen our position in the industry, and continue providing innovative PEB solutions to our clients.

Hits: 0