Siliconindia Magazine

Cover Story

Constecner: End-To-End Solution In Building Construction And Designing Projects

EPCM industry has always been in pursuit of new horizons, driven by the aspirations of people who seek a better life. Even in the age of information and technologies, the Engineering and Construction industry crafts the second largest economy in the world. Though a drop in GDP to 5% a year is witnessed post-pandemic, it is expected to rise to a moderate 8% to 9% by 2022-23. However, this can happen with market growth such as research, innovations, and customer centric product development. The concept of EPC which is "Design and Build" or "Turnkey Construction", has been evolving over the last few decades and has emerged as a preferred form of contracting by clients. Most of the clients, therefore, prefer to go with a single point of responsibility, thereby reducing the interfaces and...