Nova Formworks: Staying Ahead

Vikas Kumar Mittal, MD, Nova Formworks
Our formworks have replaced wood and steel formworks in many sectors, avers Vikas Kumar Mittal, MD, Nova Formworks.

We introduced plastic formworks in the Indian market in 2011-12 and we will continue to make innovations in this product line. The nature of plastic makes this formwork automatically safe as there are no sharp edges, plus it is a very lightweight system that makes it easy to handle, easy to assemble and to disassemble. The product gives great value for money over its lifecycle as it is reusable for more than 100 times, in fact, some people have used it even 200-250 times. This, however, depends on how the product is handled at site. We give a 25% replacement value on our old formworks as an incentive to our customers.

We have also introduced a combination of plastic and aluminium for monolithic constructions. This system was formulated in 2009 and is awaiting a patent. The aluminium and aluminium-plastic formworks are mainly used for monolithic construction projects as there are a lot of sizes that we need to fabricate for making the monolithic structure. The advantages are that clients save a lot of time on delivery, which is shorter than for aluminium formwork. We have even replaced wood and steel formworks in many sectors.

Applications
Nova Formworks
Nova Formworks have been designed to fit in such a way that there is no gap and they come in various sizes for making all size of walls with no gaps in between. We fix the modular panels as per the structure of the whole floor, including fixing window frames and door frames and laying the electrical pipes in situ. Training is imparted by the company’s team at site during the first installation, and a demo is given to the workers on how the formwork is assembled etc.

The formworks are very sturdy and can be re-used more than 200 times. An embedded stiffener enhances their load taking capacity. A standard product can take concrete vertical loads up to 6 tons/sqm, which can be increased as per the requirement.

Advantages
Nova formworks are being used in all kind of projects such as housing, commercial, high-rise, low cost housing, roads, box culverts, under bridges, retaining walls, railways, stich concrete, smart city drain formwork, and even for precast dust bins and other precast moulds. Made of high resistant plastic, the formwork panels can be used with ease for making reinforced concrete column, walls, lift walls, shear walls etc.

Our wide range of formwork panels can be used with ease, plus they give a very good surface finish; and save a lot of time. These formworks can be used to replace brick walls in construction of buildings, which has become very time-consuming and labour-intensive.

Manufacturing Capabilities
Nova Formworks is the first and only plastic formwork manufacturer in the organized sector producing plastic formwork, aluminium formwork, and a combination of both, in India since 2011. Products are being supplied to contractors like Shapoorji Pallonji, Larsen & Toubro, JMC, Ahluwalia Contracts India, M-far, Modern Constructions, MV Omni, BL Kashyap, Tata Projects, Bharat City, Rapid Constructions, Tata Housing, lnt Power, and many others.

We have a manufacturing unit in Bangalore and one in Delhi. We plan to expand our sales network across Kolkata, Gujarat, and Maharashtra. We are exporting to the Middle East and to African countries like Ghana and Angola, and have set up a distribution office in Africa.

Opportunities & Challenges
We are open to dealers who can buy the formworks from us and give them on rent. This is a good business model as they could earn more by renting out the product than by simply selling it.

Creating awareness of our products is a challenge as we are the only one in India making formworks made of plastic, but major contractors are using them currently in many residential, commercial, and infrastructure projects. The response has been good because of the versatility of the product, which can be used in any kind of projects, unlike aluminium, which has limited usages.

We are anticipating a lot of construction projects in the next 5 years, as many infrastructure projects have come up across the country and many are in the pipeline. These include industrial projects, low cost housing projects, and public utility projects. To meet upcoming demand, we are continuously making changes and improvements as we move ahead. We are developing various other products for the construction companies; these are designed to help in reducing labour, improve efficiencies, ensure quality, and save cost.

NBM&CW July 2020

Bhupinder Singh, CEO, bauma CONEXPO INDIA

Exhibitors have welcomed the new dates for bauma CONEXPO INDIA as it will allow companies time to recover from the ongoing crisis and stabilise operations Read More ...

Arvind K. Garg, Chairman, bauma CONEXPO INDIA - Task Force and Executive Vice President and Head - Construction and Mining Machinery Business at Larsen & Toubro

Rescheduling the event to February 2021, would act as a catalyst in the Read More ...

Sandeep Singh, President, iCEMA & Managing Director, Tata Hitachi

The CE Industry is fighting battles on many fronts, including very low levels of plant capacity utilization and sales, and consequent impact on company Read More ...

Mu. Moahan, President, BAI

The government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected Read More ...

Dimitrov Krishnan, MD, Volvo CE India

The central government should form a task force of ministers to review progress reports and identify issues that need to be resolved to kickstart the Infra Read More ...

Ramesh Palagiri, MD & CEO, Wirtgen India

Rebooting activities in the Infra sector and more so in the road sector is critical for the economy. We expect the road construction activity to pick up pace from Read More ...

Deepak Garg, Managing Director, SANY India & SOUTH ASIA

Technological evolution at frequent intervals, manpower management, right allocation of budget, and efficient management of cash flow Read More ...

Devendra Kumar Vyas, MD - Srei Equipment Finance Limited

The Government’s commitment is evident from its initiative of setting up NIP involving investments of Rs. 111 trillion over five years up to 2025. Read More ...

Jasmeet Singh, AVP, Corporate Communications, JCB India

Going forward, two key sectors are set to emerge and drive demand for construction equipment – first being the development of infrastructure in Read More ...

Sorab Agarwal, Executive Director, ACE

The CE industry will see growth in FY2022 - in similar numbers as seen in FY2020 - as are we are sure that the Government will find ways to keep the ball rolling Read More ...

Anuj Dayal, Executive Director, Corporate Communication, DMRC

Despite use of cutting-edge technologies in construction, mammoth projects are still dependent on labour involvement and their shortage Read More ...

Anand Sundaresan, Managing Director, Ammann India

Going forward, from FY 2021 beginning, we can expect many contracts being finalized by the Central and State governments Read More ...

Ajay Mandahr, CEO, Escorts Construction Equipment

The CE sector has a great future ahead and we expect 20-25% growth from next year onwards for the next 3-4 years. The anticipated recovery in the H-2 Read More ...

Puneet Vidyarthi, Brand Leader, CASE India

We are confident that the several measures announced by the government to reinvigorate the infra sector and revive the economy will help bring back Read More ...

Jaideep Shekhar, MD (Asia & EMEAR), TEREX Materials Processing India

We expect to see a modest growth in demand in 2021 vs 2020 and then a much steeper growth 2022 onwards. Most of the demand is expected to come Read More ...

Abhijeet Pai, President, Puzzolana

Since there is a lot of scepticism in the banks and NBFCs, we should take a more collaborative approach with the lenders so that they can repose more faith 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