With clear signs of overall economic revival since last quarter particularly into the construction sector, has excelled the performance of construction equipment industry in India.
Rohitt Sharma, Director, MFS Formwork Systems Pvt Ltd (Faridabad)

  Rohitt Sharma, Director, MFS Formwork Systems Pvt Ltd (Faridabad) speaks about how the year 2016 was for the company, the performance of the construction equipment industry in India.

Recent performance
Commenting on the recent performance of the construction equipment industry, Sharma says, “With clear signs of overall economic revival since last quarter particularly into the construction sector, the performance of construction equipment industry has excelled in India. With positive frame of mind and vision for long-term growth construction equipment industry has geared itself for this realistic market where growth has to be earned. This requires dedication, intense planning at grass root level, exploring opportunities at early stage and capitalising on the same by providing technical and economical solution. This is great opportunity for everyone associated with construction industry. With new regulatory bill where timely completion of project is essence ‘MFS Aluminium Formwork System’ will play a vital role.”

Adding further, he said, “The present government is very keen to develop the infrastructure across regions and new ground reality policies are being made to give boost to the entire construction and infrastructure industry. These steps are very encouraging to the industry as a whole. Unlike past, infrastructure and real estate sectors are no more hesitant in using advance construction techniques. Over the period, increasing awareness of advance technology have made developers realised about the potential of aluminium formwork system, even small developers and contractors have started using the same and considering the vital benefits it has been accepted widely and has become the necessity of the construction and infra industry which has resulted in the increase in the sales revenue.“

Positive impacts of new policies
Sharing about how the year 2016 has been for the company, Sharma said, “This is one of the best years for overall growth with many positive changes in policies benefitting the end user. With RERA and demonetisation, construction activities in affordable and medium segment have taken a lead which shall enable actual user to buy a home at reasonable price with on time possession. This has led to the increase in the sales of housing units and for timely delivery modern construction technologies like ‘MFS Aluminium Formwork System’ has become the need of hour. With substantial increase in the volume of enquiries and timely finalisation have enabled us with sound order book, which is the key for sustainable growth of organisation and related industry. At the same time we have to focus on timely and quality deliverables to ensure repeat orders from existing customers and positive reference for new customers, in order to maintain a decent rate of growth.”

Making its own marke
Sharing the company’s achievements during the year, Sharma said, “The greatest achievement during last one year has been that we have left a mark in the construction industry with quality of our products, user friendly design and customer orientated technical services. Today we see this as an achievement that our brand, ‘MFS’ has been viewed by the industry at par with any overseas brand which no other Indian player has achieved due to their short -sightedness. We have secured orders and are associated with major projects due to our technical competence and not only because of price benefit.”

Speaking further, he said, “MFS Aluminium Formwork System is associated with various mass housing construction projects where quality and speed can be maintained at a reasonably high level. We are associated with Telangana Housing Projects where delivery of housing units is required in very short span. With ‘MFS Aluminium Formwork System’ we are able to complete one unit per day due to speedy construction, consistency in architectural dimensions, excellent finish, less dependency on skilled workers and simplicity in erection and de-shuttering makes ‘MFS Aluminium Formwork System’  a more viable technology for the construction of mass housing projects.

The company has been associated with projects like MY Home – Bhooja Project (Hyderabad), Lansum Etania Project (Hyderabad), SNN – Water Edge Project (Bangalore), Godrej Infinity Project (Pune), Suyog Navkaar Project (Pune), Supertech Hilltown Project (Gurgaon), Supertech Basera Project (Gurgaon), Supertech Ecovillage Project (Noida), and Suncity Avenue Project (Gurgaon).  

Contact: 
Rohitt Sharma, Director
MFS Formwork Systems Pvt Ltd
Phone : +91-129-4207500 / 91-9810439840
Email : rohit@mfsformwork.com, info@mfsformwork.com
www.mfsformwork.com, www.mfsformworksystem.com