Sandeep Garg, MD & CEO, Welspun Enterprises

Contractors and builders can benefit on the execution front by better project management skills and technologies for efficient utilization of resources; in fact, most of the strong contenders have invested in technologies appropriate for their level of operations.

Sandeep Garg
Scope & Challenges

There is tremendous scope and potential for good quality infrastructure construction companies with a sound financial background. There are plans for investment of ₹50 lakh crore (USD 725 billion) in the infrastructure sector in the next 5 years. In order to meet such targets a budget outlay of approx. 6 lakh crores has been planned in FY 2019-20, and especially in sectors like Roads, Railways & Waterways, which are going to lead the growth of the infrastructure development sector.

The major challenges being faced are delays in land acquisition, clearances due to involvement of various agencies, litigations, and lack of capacity (technical as well as financial) of construction companies. Most of the infrastructure development is being done by the government under its procurement policies, which are based on the lowest price bidder concept; this is leading to challenges in quick implementation and quality.

Efficiency with Technology

In our experience, the challenges of infrastructure projects are more due to local issues than technological. It may be true that some of the contractors and builders can benefit on execution front by better project management skills and technologies for efficient utilization of resources; however, most of the strong contenders have invested in technologies appropriate for their level of operations.

Welspun Projects

Other factors that are limiting absorption of technologies in execution of infrastructure projects are the perceived low-cost manpower availability and lack of continuity of work for the industry due to changes in spend by the government.

Welspun is an Indian-origin multinational company with best-in-class work methodologies across the globe. We continuously invest in technologies that will enable us to deliver projects ahead of time while maintaining international quality standards: a case-in-point is the 11-month early completion of our first Hybrid Annuity Model (HAM) road project - the Delhi-Meerut Expressway – Phase I.

We believe that AI, machine control and IOT are powerful tools which can improve efficiency and quality of the infrastructure built up. It is our endeavor to deploy these technologies to act as a differentiator and are engaged with companies to develop options for both monitoring and quality control, using some of these advanced technologies.

National HIghway

Order Book

The financial year 2018-19 had been a successful year with an addition to our roads HAM portfolio of ~ ₹3460 cr – this has taken our overall HAM portfolio to ₹8,500 crore. We have 6 HAM road projects under execution, aggregating to an unexecuted EPC order book of ₹5,200 crore as of March 2019. In addition, we achieved COD of our first HAM project - the Delhi-Meerut Expressway – Phase I, in June 2018, 11 months ahead of schedule for which the first annuity payment has already been received from NHAI.

National HIghways

We have also achieved Financial Closure for all the HAM projects awarded to us. All our projects for which the Authority has declared the Appointed Date are progressing ahead of the scheduled completion date.

We have diversified into water projects and submitted a bid for a large Sewage Treatment Project (STP), which is under evaluation. Going forward, we believe that the water segment will become as substantial as our current road portfolio.

NBM&CW July 2019

Cochin Airport Runway Upgradation - A Runaway Success for Tarmat Ltd.

Jerry Varghese, Chairman, Tarmat Limited, discusses the challenges during the construction and up-gradation of the Cochin Airport Runway, and attributes the project’s completion on time to Ammann India plants and machines Read More ...

AJAX: Resilient & Resourceful

Debasis Bhattacharya, Head – Marketing, Sales & Product Support at AJAX Engineering, discusses what is making AJAX even more resilient and adaptive, as it finds ways to remain competitively strong despite the current slowdown Read More ...

Vermeer India: In the Forefront of Trenchless Technology

T. Ramesh, Country Head, Vermeer India, speaks on the widening scope of trenchless technology and solutions offered by Veermer for India’s infra development sector. Trenchless solution is used in constructing infrastructure Read More ...

INNOMAC: On a Roll

In 2019, Bangalore-based INNOMAC Engineering Industries launched a range of construction equipment such as Bar Cutting Machines, Bar Bending Machines, Suspended platforms, Hydraulic Home lifts and Building Maintenance Systems Read More ...

Louis Berger Tunnelling Through Challenges

Kshitish Nadgauda, Senior VP & MD – Asia, Louis Berger, shares information on the challenges encountered during tunnelling in the mountainous terrains of J&K and in the busy streets of Mumbai. Louis Berger has completed Read More ...

Wacker Neuson: Zero emission is the future

The Wacker Neuson Group continues to make targeted investments in research and development to expand its portfolio and position as a leader in technology in its core markets. The Group is actively working on new technologies Read More ...

Volvo Trucks: Adapting to Evolving Markets

Volvo Trucks International is enhancing its hauling capabilities, creating digitized interface in its products, and meeting the new emission regulations. Roger Alm, Executive Vice President, Volvo Group & President, Volvo Trucks Read More ...

Epiroc: Strong in India

Jerry Andersson, Managing Director, Epiroc Mining India, shares the reasons behind the company’s sustained growth in India over 60 years. Epiroc has completed 60 years in India, during which time, our machines have helped Read More ...

Ashitech to launch higher capacity asphalt batch mix plants

In a bid to target big contractors working on long stretches of the National and State highway and road projects, Gujarat-based asphalt batch mix plant manufacturer Ashitech will be launching 180-200 tph asphalt batch mix plants Read More ...

KYB Conmat - Developing tech-rich competitive products

Japanese Concrete Equipment manufacturing conglomerate, KYB Conmat has launched a new range of compact batching plants of 30-45-60 cum/hr capacities; wheel loaders of 1.2 cum and 1.6 cum; a new range of tower batch Read More ...

Tata Hitachi to scale up business with more products

Based on an evaluation of customer requirements, Tata Hitachi is introducing new, more sturdy machines; It has re-entered the backhoe loader market with its Shinraj model and plants to increase its product portfolio going forward Read More ...

PMP offers complete package of solutions to OEMs

PMP industries will continue to provide higher levels of equipments performance optimization through its integrated solutions for India and global markets. The company is offering a range of solutions for varied verticals of construction Read More ...

CASE India enters new product segment; launches its well tested 20-ton Made in India Excavator

The CNH Group is doubling its investments in India and consolidating its market presence by offering a value proposition to its customers. Neil Woodfin, VP AMEA and CE Global Alliances, CNHI International SA, and Raunak Varma Read More ...

Customer Satisfaction is at the heart of Mahindra

Vinod Sahay, CEO, Mahindra Truck and Bus Division and Mahindra Construction Equipment Division, shares the company’s plans for FY2020 keeping in view the current macro-economic factors. What growth prospects do you foresee in Read More ...

Manitou: Total Solutions Provider

From widening and upgrading its products to comprehensive aftermarket sales and support, Manitou South Asia is geared up to achieve sustained growth over the new year, says Hafeez Khan, Managing Director, Manitou South Asia. Read More ...

Liebherr places superior product offerings and services over pricing

Despite pricing being under pressure, Liebherr India will abstain from compromising on quality and safety of the product just to match the price offered by competitors. The company’s products will continue to be offered on the same Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week