IT sector related to construction sector will also have a boom as well newer and faster green technologies will be in demand.

Samit Patil,
Managing Director, Oxygreen Construction

Affordable housing and green technology in demand
Commenting on how this year will turn out to be for the construction industry in India, Patil said “The demand for skilled employment will increase due to tremendous demand for affordable housing in Tier-II andTier-III cities. In addition to this, the IT sector related to construction sector will have a boom as well newer and faster green technologies will be in demand.”

As per the report by the National Skill Development Corporation (NSDC), India will need around 76.5 million strong work force in the India’s booming building, construction and real estate sector. The report also states that the construction sector specifically is projected to grow to INR 11,954 billion by 2017.

Patil further says, “Demonetisation will have a positive effect on the construction industry from the point of view of the actual buyers. Banking sectors will provide cheaper loans and hence the common people will gear themselves to buy affordable houses.”

Expanding the reach of Oxygreen
Sharing the projections for his own business, Patil says, “We at Oxygreen Constructions along with Jiangxi Geto New Materials Corporation Limited have very high projections taking into consideration the growing demands in the Indian construction industry. The recent norms undertaken by the government that state the requirement of shear walls on the periphery of the structure will increase the usage of Aluminum formwork.”

He further adds, “We are also expanding pan India to cater to the high demand for GETO Aluminium Formwork system – which sells because of its quality, competetive pricing and after sales service.”

Focussing on quality
When asked about the strategies that will be used by Oxygreen to achieve the set targets, Patil says, “Strategies are simple. We focus on quality projects, just to sell quantity we cannot compromise on our quality and hence we will maintain quality rates. As I have said that the Indian Market will boom in 2017, they why should our Industry not have its share from the boom.”