The Growth & Development Of Construction Industry In India Amidst Covid Pandemic
Mr. S.C. Dixit, Executive Director, Shapoorji Pallonji E&C shared his views with siliconindia about how the Indian construction contracting organisations coped with the pandemic situation and the outlook for the construction industry in the years ahead.
Tell Us Your Views About The Development Of The Construction Industry Amidst Covid Pandemic And The Growth Of The Sector In Recent Years.
Over the last decade or so, India has been witnessing good economic growth and infrastructure construction is at the heart of this wave. A strong pipeline of upcoming & ongoing projects and large programmes are underway across sectors, presenting good opportunities for the construction sector. Several big-ticket initiatives have been rolled out by the Government of India. The government has identified the need for building physical infrastructure for the country to revive key sectors that lead to employment generation. The GoI recognizes that until private investment picks up, public expenditure in asset creation must remain as the driving force.
The growing investments in infrastructure, industrial, and real estate sectors have resulted in ample business opportunities for the engineering and construction (E&C) companies. As a construction partner, Shapoorji Pallonji E&C has played a pivotal role in the creation of public infrastructure in India while associating with central and state government undertakings, PSUs, and quasi-government bodies. Such projects include construction of airport terminals, convention centers, educational institutes, healthcare facilities, urban transport infrastructure affordable housing,urban utility infrastructure, and many others. Apart from government projects, we are also executing many projects in the private sector. Despite the growth in business opportunities in the last few years, the construction industry was battling poor productivity, operational challenges, project delays, tighter margins, and increased competition. The pandemic has only accentuated the systemic hurdles that the industry was facing all along. In the COVID era, E&C companies are under greater pressure to improve costs, timelines, and efficiency.
Even though the government has relaxed the lockdown norms for the construction industry, E&C companies are grappling with slow progress, shortage of workers, disrupt-ed supply chains, poor productivity, increasing costs, and new operating procedures for health, hygiene, and cash flow crunches.
What Are The Latest Technology Progresses In The Construction Sector? Provide Examples Of The Technology Development Aiding Human Problems.
The evolving landscape of new technologies in the E&C sector has the potential to transform all stages of the project delivery process. The new technologies can change how companies design, plan, and execute projects. By adopting advanced software, construction-focused hardware, analytics capabilities, and advanced construction technologies, the companies can eliminate many of the problems that have dogged the E&C sector for decades. Technology could also enhance performance on the parameters of time, cost, quality, precision, and convenience. Shapoorji Pallonji E&C has begun incorporating new construction technologies into its projects, across all project phases' that is, design, preconstruction, construction, and operations and management. The various digital initiatives being implemented includes,1. SPACE: This is the digital portal of SP E&C and offers various applications like,
·HSE and quality to record & track all internal check processes.
·Labour Management System to record all labour data including their attendance and compliance.
·Action Module for organizing meetings and assigning tasks & assignments to individuals
·Knowledge Management portal to share case studies, articles, news feed, e-books, and many others.
2.BIM Implementation: At SP E&C, Virtual Design & Construction has been implemented across 100+ projects for modelling, clashfree design co-ordination, RFI production/resolution, quantification, scheduling & monitoring, and site logistics. We are leveraging BIM capabilities using multiple tools offered from leading digital tool suppliers.
3.Use of Drones & Cameras: We are using drones to capture site images and aerial survey data. We are also using PTZ cameras to monitor progress and to improve safety and security.
4.Backoffice Integration on SAP: We are accessing and utilizing valuable project data on resources, finances, costs, and schedules on SAP. The system gives our managers immediate access to realtime back office data and aids decision making.
SP E&C is amongst the leading Indian E&C companies using new building systems and construction techniques like precast construction, modular formwork systems, shear-wall monolithic construction, pre-engineered structural steel construction, top-down construction, and many others. These have been ably demonstrated at many of our projects.
Tell Us Your Views About The Development Of The Construction Industry Amidst Covid Pandemic And The Growth Of The Sector In Recent Years.
Over the last decade or so, India has been witnessing good economic growth and infrastructure construction is at the heart of this wave. A strong pipeline of upcoming & ongoing projects and large programmes are underway across sectors, presenting good opportunities for the construction sector. Several big-ticket initiatives have been rolled out by the Government of India. The government has identified the need for building physical infrastructure for the country to revive key sectors that lead to employment generation. The GoI recognizes that until private investment picks up, public expenditure in asset creation must remain as the driving force.
The growing investments in infrastructure, industrial, and real estate sectors have resulted in ample business opportunities for the engineering and construction (E&C) companies. As a construction partner, Shapoorji Pallonji E&C has played a pivotal role in the creation of public infrastructure in India while associating with central and state government undertakings, PSUs, and quasi-government bodies. Such projects include construction of airport terminals, convention centers, educational institutes, healthcare facilities, urban transport infrastructure affordable housing,urban utility infrastructure, and many others. Apart from government projects, we are also executing many projects in the private sector. Despite the growth in business opportunities in the last few years, the construction industry was battling poor productivity, operational challenges, project delays, tighter margins, and increased competition. The pandemic has only accentuated the systemic hurdles that the industry was facing all along. In the COVID era, E&C companies are under greater pressure to improve costs, timelines, and efficiency.
Even though the government has relaxed the lockdown norms for the construction industry, E&C companies are grappling with slow progress, shortage of workers, disrupt-ed supply chains, poor productivity, increasing costs, and new operating procedures for health, hygiene, and cash flow crunches.
What Are The Latest Technology Progresses In The Construction Sector? Provide Examples Of The Technology Development Aiding Human Problems.
The evolving landscape of new technologies in the E&C sector has the potential to transform all stages of the project delivery process. The new technologies can change how companies design, plan, and execute projects. By adopting advanced software, construction-focused hardware, analytics capabilities, and advanced construction technologies, the companies can eliminate many of the problems that have dogged the E&C sector for decades. Technology could also enhance performance on the parameters of time, cost, quality, precision, and convenience. Shapoorji Pallonji E&C has begun incorporating new construction technologies into its projects, across all project phases' that is, design, preconstruction, construction, and operations and management. The various digital initiatives being implemented includes,1. SPACE: This is the digital portal of SP E&C and offers various applications like,
·HSE and quality to record & track all internal check processes.
·Labour Management System to record all labour data including their attendance and compliance.
·Action Module for organizing meetings and assigning tasks & assignments to individuals
·Knowledge Management portal to share case studies, articles, news feed, e-books, and many others.
2.BIM Implementation: At SP E&C, Virtual Design & Construction has been implemented across 100+ projects for modelling, clashfree design co-ordination, RFI production/resolution, quantification, scheduling & monitoring, and site logistics. We are leveraging BIM capabilities using multiple tools offered from leading digital tool suppliers.
3.Use of Drones & Cameras: We are using drones to capture site images and aerial survey data. We are also using PTZ cameras to monitor progress and to improve safety and security.
4.Backoffice Integration on SAP: We are accessing and utilizing valuable project data on resources, finances, costs, and schedules on SAP. The system gives our managers immediate access to realtime back office data and aids decision making.
SP E&C is amongst the leading Indian E&C companies using new building systems and construction techniques like precast construction, modular formwork systems, shear-wall monolithic construction, pre-engineered structural steel construction, top-down construction, and many others. These have been ably demonstrated at many of our projects.
