
India’s construction sector faces rising costs, a shortage of skilled workers, project delays and quality risks. These challenges are compounded by the need to deliver a record number of buildings and infrastructure projects with greater predictability amid tightening regulations and environmental requirements. Industrialised construction offers an approach that integrates design, factory-based production, automation and systematic on-site assembly to make construction more repeatable and scalable.
The partnership brings together Elematic’s expertise in precast technology, automation and industrial production with Vakio Jindal Build’s capabilities in design for precast and prefabrication, as well as prefabricated construction products such as bathroom pods. Together, the companies aim to help customers adopt industrialised construction methods suited to Indian market conditions.
“It is hard to estimate the size of India’s construction market, but the latest figures indicate that it is worth approximately USD 700 billion and is growing at around 7–8% annually. Precast represents only around 1% of construction value today, with estimates indicating growth of approximately 9–12%, driven by infrastructure, residential and industrial applications. In this context, India has a unique opportunity to rethink how construction is delivered. To achieve the scale, speed and quality required to meet the country’s growth ambitions, we need to move beyond traditional construction methods and embrace a more industrialised approach,” said Teppo Voutilainen, CEO of Elematic Group.
“This starts at the design stage. Buildings must be designed for precast and repeatable production processes rather than adapted afterwards. At the same time, technology alone is not enough. Developing the skills and capabilities of designers, engineers, production teams and project stakeholders is equally critical. Industrialised construction succeeds when people, processes and technology evolve together.”
“Industrialised construction requires a shift in mindset, with construction approached as a repeatable process rather than a series of individual projects. Through our partnership with Elematic, we are bringing together complementary expertise to help advance this transition in India. We believe the combination of smart design, manufacturing excellence and skilled people will be critical to delivering the scale of housing and infrastructure that India’s future demands,” said Jussi Aho, Chairman of the Board, Vakio Global.
“India’s construction sector needs solutions that can deliver greater speed, quality and productivity at scale. Our partnership with Elematic and Vakio Global brings together complementary expertise in precast technology, industrialised design and manufacturing to help address these challenges. By combining global experience with an understanding of India’s evolving construction needs, we aim to support a more efficient and scalable approach to building,” said Ajay Agarwal, EVP, Construction Solutions Business, Jindal Steel Ltd.
Through the partnership, Elematic and Vakio Jindal Build will support customers in integrating design, production and site execution, while sharing international practices that can help advance industrialised construction in India. India is one of Elematic’s fastest-growing markets, supported by its local manufacturing operations in Alwar, Rajasthan, and Sikandrabad, Uttar Pradesh. These facilities underscore the company’s long-term commitment to serving India’s construction industry and supporting customers seeking modern, industrialised construction solutions. Recent investments have further strengthened the company’s ability to meet this growing demand.