EPACK PREFAB completes 3.2 Million Sqft of infra for Major Auto Manufacturers
EPACK PREFAB, the rapidly emerging leader in India's pre-engineered structure manufacturing sector, has successfully concluded the construction of 3.2 million square feet of industrial facilities for leading automobile companies in India. In the midst of government’s robust push for the electric vehicle market, rising disposable incomes and increased middle-class population, automobile enterprises are rapidly augmenting their production capabilities, relying on pre engineered buildings over traditional construction using cement and bricks to meet the demand.
Urban demand, festive sales, EV transition and pre-buying due to the BS6 Phase 2 transition has significantly increased the demand in automobile sector. Furthermore, the increasing presence of Indian OEM suppliers in the auto component-manufacturing segment means that they are expanding their production capacities, driven by rising demand for automotive components, both domestically and internationally, necessitating increased manufacturing capabilities to meet the requirements of the global automotive supply chain. Responding to the surging demand, these firms are enthusiastically embracing cutting-edge construction solutions, with a notable shift towards adopting pre-engineered buildings for the expansion and establishment of their manufacturing facilities.
With a total project value of INR 203 Crore, these orders not only emphasize the automobile sector's potential in the country but also spotlight the company's outstanding expertise in consistently delivering projects on time.
Explaining the factors driving this impressive expansion, Sanjay Singhania, Managing Director of EPACK PREFAB, said, " In the fast-paced world of the automotive industry, where efficiency and flexibility are paramount, pre-engineered structures are emerging as the industry's driving force. As the demand for manufacturing and warehousing facilities accelerates, these structures provide the accelerated solution. The adoption of pre-engineered structures in the automotive industry is driven by the need to rapidly expand production and warehousing facilities while maintaining cost-efficiency, adaptability, and high-quality standards. Pre-engineered structures are sustainable which aligns with the automotive industry's increasing focus on eco-friendly manufacturing practices and green technologies."
The primary surge in construction demand is originating from Uttar Pradesh, Haryana, Rajasthan, Maharashtra, and Andhra Pradesh have also witnessed a significant uptick in demand.
EPACK PREFAB has effectively executed projects for many renowned companies, including but not limited to Hero MotoCorp Ltd, ASK Automotive, ACE, ASHOK LEYLAND, SML ISUZU, Honda India Power Products Ltd, JK Tyre & Industries Limited, JBM, and others.
As automobile companies throughout India continue to expand their production capacities, the adoption of pre-engineered buildings (PEBs) is set to continue its upward trend. Incorporating PEBs into construction can lead to timesaving of up to 50%, expediting project completion and enabling businesses to commence operations more swiftly. This forward-thinking approach not only streamlines construction procedures but also plays a crucial role in promoting the sustainable growth of the nation's infrastructure by reducing carbon emissions by as much as 60%.
PEBs provide exceptional design adaptability and can be customized to meet exact manufacturing specifications.
Singhania further added, “Pre-engineered building (PEB) structures are precisely engineered and constructed to withstand the vigorous requirements of industrial activities. They offer a safe, reliable, and strategically designed workspace that is of paramount importance for the automotive manufacturing sector, ensuring optimal efficiency and productivity.”
EPACK has also witnessed a remarkable expansion of 100% in its order book, comparing the fiscal years 2021-22 and 2022-23. As we gaze into the future, the company envisions concluding the order book for FY 23-24 at a notably higher value of 1400 crores. Furthermore, EPACK anticipates securing an additional 17% of its orders from automobile companies in the coming 12 months.
