EPACK Prefab Poised for 35% Growth Amidst Manufacturing Boom
• Aims for the order book to grow 35% in FY25 Vs. INR 1,233 cr.
Mumbai, 24 September 2024: EPACK Prefab, one of India’s fastest-growing pre-engineered buildings and prefabricated structures producers, announced that it is steadfast towards momentous 48% growth in order book for FY24 in comparison to FY23, standing at INR 1,233 cr. In FY25, EPACK Prefab expects to add 35% more orders from sectors like industrial, institutional, multistory building, warehousing and airports, etc.
EPACK Prefab has experienced growth surpassing that of the 11% CAGR of the Prefabricated Industry in FY 24.
Nikhel Bothra, Executive Director at EPACK Prefab said, “Epack Prefab is among the top three pre-engineered buildings and prefabricated structures producers, with presence across all 28 states. Steered by the post-COVID capex cycle and encouraging ecosystem around manufacturing and industrial development, Epack Prefab is at the cusp of unprecedented growth. At present, we are observing impressive demand for PEB from industries like aviation, warehouses, automobiles, cold-storage, data centers and other manufacturing industries. We are also contributing to significant projects in sectors like commercial spaces, hospitals, hotels, stadiums and schools as well”.
Emphasizing the key benefits of the new-age construction technology, Nikhel added, “The PEB and Prefabricated construction has vast benefits over conventional construction with zero-water consumption, 50% savings on time of construction, lesser carbon footprint among many other environmental and financial benefits. A pertinent aspect in favor of the new-age technologies is that unlike the construction involving conventional technologies, the industries can recover the cost of construction at the end-of-use of the building, thus making them net-zero construction”.
Showcasing Epack Prefab’s facility at Ghiloth in Rajasthan, one of India’s largest PEB manufacturing facilities, Nikhel detailed the sustainable practices being used at the facility and their benefits towards a net-zero circular economy. The facility has been constructed using PEB technology and encouraged the adoption of PEB among about a dozen facilities in the industrial town.
Key projects delivered by EPACK Prefab include India’s largest float glass manufacturing plant, the longest integrated wood panel manufacturing plant, logistics parks, multi-storey commercial buildings, and rapid projects for the Amarnath Yatri Multi-storey Camp under CPWD. Additionally, EPACK Prefab has constructed terminal buildings for six regional airports under the UDAN scheme for the Airport Authority of India.
The company was established in Greater Noida in the year 1999, and has spread across all 28 states with over 1400-strong workforce at present. EPACK Prefab is a market leader in engineering, fabrication, and project management across diverse industries, providing comprehensive PEB solutions.
The company has also made substantial investments and expansions to support this growth. A key highlight is the INR 198 crore investment in a new factory in Mumbattu, Andhra Pradesh, which commenced operations this year. This new plant has increased EPACK Prefab’s annual production capacity to 113,098 metric tonnes. EPACK Prefab has also expanded its footprints by opening offices in Hyderabad, Chennai, Visakhapatnam, and Ahmedabad to enhance its sales and design capabilities.
The government's emphasis on sustainability and reducing carbon emission has propelled EPACK Prefab's growth trajectory. As a significant contributor to the construction sector, EPACK Prefab remains at the forefront of sustainable building practices, ensuring a greener and more responsible future for the industry.
Benefits of PEBs over traditional construction methods:
1. Reduced Carbon Footprint drastically
PEBs use energy-efficient materials and production processes, leading to lower greenhouse gas emissions and reduced reliance on natural resources, significantly cutting down the environmental impact compared to traditional construction.
2. Dust-Free Construction Processes
Prefabricated components are manufactured off-site, minimizing dust generation during on-site assembly, leading to cleaner construction environments and reduced air pollution.
3. Time Savings
PEBs are designed and fabricated in factories, allowing simultaneous site preparation and manufacturing, drastically reducing the overall construction timeline compared to conventional methods.
4. Zero Water Requirements
Unlike traditional construction that requires significant amounts of water for processes like curing concrete, PEBs are assembled without the need for water, making them ideal for areas facing water scarcity.
5. Suitable for Both Flat Terrains and Challenging Hilly Landscapes
PEBs are highly adaptable and can be engineered to suit various terrains, whether on level ground or challenging hilly regions, offering versatile solutions for diverse landscapes.
7. Use of Modern, Fully Automated Equipment Ensuring Precision and Minimal Human Intervention
PEB manufacturing involves advanced technology and automation, reducing human error and ensuring high precision in design, production, and installation for more durable and efficient buildings.
