Fairmate Prashita: Delivering Quality Solutions To Construction Industry

PARTH-SHAH
Parth Shah, Director, Fairmate Prashita LLP, shares his perspective on the changing construction landscape, the company's innovation-driven philosophy, digital transformation, sustainable manufacturing, and its roadmap for the next phase of growth.

How have you seen India’s construction industry evolve, and what opportunities lie ahead for India’s construction chemicals industry?

The Indian construction industry is entering a transformative era where sustainability, advanced technologies, and efficient building practices are becoming the foundation of every successful project. As infrastructure investments continue to rise, the role of construction chemicals has evolved from being a supporting component to becoming a critical factor in delivering durable, high-performance, and environmentally responsible structures.

When construction chemicals were first introduced in India, their use was largely confined to major infrastructure projects and large contractors. Today, the industry has evolved significantly. Awareness has expanded well beyond metropolitan cities, reaching smaller towns and regional markets where customers increasingly recognize the importance of durability, waterproofing, crack resistance, bonding strength, and long-term building performance.

This shift reflects a broader change in construction practices. The industry today is far more quality-conscious than it was two or three decades ago. Developers, contractors, and even individual customers understand that construction chemicals are no longer optional additions. They are becoming an integral part of delivering better-performing structures.

As India’s infrastructure ambitions continue to expand, the demand for high-quality construction chemicals will grow alongside them. This presents significant opportunities for companies that continue investing in innovation, product development, and customer awareness.

As an R&D-driven organization, what is your product development strategy?

Our focus is on continuously developing technologies and improving formulations that address the changing requirements of modern construction. We invest consistently in research to create solutions that improve construction quality, increase efficiency, and deliver long-term performance.

Our research efforts span several specialized areas, including polycarboxylate ether-based admixtures, advanced waterproofing technologies, ready-made plasters, dry-mix solutions, and other niche construction chemical segments.

Every innovation is ultimately aimed at solving practical challenges faced on construction sites. Whether it is improving concrete performance, reducing application errors, enhancing durability, or increasing productivity, our objective is to develop products that create measurable value for the industry.

Our solutions cover a broad range of applications, including concrete performance enhancement, waterproofing systems, repair solutions, protective coatings, grouts, ready-mix and dry-mix technologies, and other specialised construction chemical applications required across buildings and infrastructure. Our objective has always been to provide reliable solutions that improve durability, structural performance, and long-term quality.

Please elaborate on Fairmate’s licence manufacturing model and what opportunities does it create for regional entrepreneurs?

Construction
The licence manufacturing model was developed after recognizing a practical challenge within the construction chemicals industry. Many construction chemical products are freight-intensive, meaning transportation costs can significantly influence the final cost of the product. Manufacturing closer to the customer reduces logistics expenses, improves product availability, and enables faster deliveries while maintaining product quality.

However, our objective extended beyond improving operational efficiency. We wanted to create a model where regional entrepreneurs could combine their local market understanding with the technical expertise, manufacturing systems, product technologies, quality processes, and brand support of Fairmate Prashita. Instead of asking entrepreneurs to build an entirely new manufacturing business from scratch, the model enables them to manufacture selected products under our guidance while following established technical and quality standards.

In this way, licence manufacturing becomes more than a business expansion strategy. It creates opportunities for local manufacturing, encourages entrepreneurship, strengthens regional markets, and contributes to the broader growth of India’s manufacturing ecosystem.

How does Fairmate’s licence manufacturing model help maintain consistent quality across regional markets, and what makes the partnership mutually beneficial for entrepreneurs?

Building a successful manufacturing partnership requires much more than providing a licence. It requires a strong support system that enables entrepreneurs to maintain the same standards that customers associate with the Fairmate brand. Our partners bring valuable strengths to the relationship through their understanding of local markets and customer requirements. We complement that with our manufacturing systems, technical knowledge, established product portfolio, and quality processes.

To ensure consistency, we provide technical guidance, manufacturing support, quality-control systems, testing methods, and process discipline. Additionally, partners receive marketing support, entrepreneurship training, product application guidance, and technical training so that they understand both the commercial and technical aspects of the business.

Our objective is to ensure that product quality remains consistent, irrespective of where the products are manufactured. At the same time, we want our partners to build sustainable businesses backed by proven technologies, established processes, and continuous technical support.
Innovation is not about staying ahead of change—it is about creating it. By investing in technology, research, and customer-focused solutions, we are building a future where every innovation delivers measurable value to the construction industry. Creating Value through Innovation and Technology.

Fairmate has recently collaborated with educational and skill development institutions. What outcomes do you hope to achieve through these initiatives?

As an industry, we have a shared responsibility to contribute towards developing skilled professionals for the future. Our collaborations with institutions such as Kaushalya Skill University, Mumbai University’s Garware Institute, and Sigma University reflect this commitment. Through these initiatives, we aim to promote technical awareness, strengthen industry-oriented learning, and encourage entrepreneurship within the manufacturing and construction chemicals sectors.

These collaborations are intended to bridge the gap between education and industry by helping students and young professionals develop practical skills, business understanding, and technical knowledge that can prepare them for careers in manufacturing and construction.

Ultimately, we hope that these efforts will contribute to building a larger pool of industry-ready talent while encouraging more individuals to explore opportunities in manufacturing and entrepreneurship.

Fairmate operates as part of the Lion Group of Companies, alongside businesses across multiple sectors. How has this diversified ecosystem contributed to the company’s long-term vision?

Being part of the Lion Group of Companies allows us to benefit from a broader ecosystem that extends beyond construction chemicals. The Group has interests across raw material trading, architectural finishing products, precast concrete, computer software, bio-based fertilisers, and water-based degraders. This diversified presence encourages innovation, strengthens technical capabilities, and supports long-term business development across different industries. For Fairmate, this ecosystem creates opportunities to continuously learn, innovate, and strengthen our capabilities, while remaining focused on delivering quality solutions to the construction industry.

Looking ahead, what kind of impact would you like the company’s initiatives to create for entrepreneurs, industry professionals, and the manufacturing sector as a whole?

Our journey began in 1996 with a clear objective: to deliver high-quality construction chemical solutions to the industry. Over the years, we have steadily expanded our manufacturing capabilities, strengthened our technology base, diversified our product portfolio, and increased our geographical presence. We have been continuously improving our technologies, understanding changing construction requirements, and developing solutions that address the industry’s evolving needs.

We want to create more opportunities for entrepreneurs, encourage regional manufacturing, develop skilled professionals, and contribute to a stronger industrial ecosystem. Through our licence manufacturing model, educational collaborations, and continued focus on technology and quality, we hope to support individuals who aspire to establish and grow their own manufacturing businesses.

Simultaneously, we will continue investing in innovation and product development so that the industry has access to reliable, high-quality construction chemical solutions. If our experience, technologies, and partnerships can help create more successful entrepreneurs, stronger regional industries, and a more skilled manufacturing workforce, we believe we will have made a meaningful contribution to the future of India’s construction and manufacturing sectors.

NBM Media

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