Make in India : Global project management firm Turner eyes 25% sales from India
Global consultancy and project management firm Turner is eyeing nearly 25 per cent of its total sales from India operations in the next 3 years.
"In India, the concept of project management has still not penetrated in the real estate and related sectors. But with the 'Make in India' and digitalisation programmes, the sector players are seriously considering the concept and we are getting many proposals," Turner Project Management India Managing Director Jairam Panch told PTI in Mumbai.
"With our presence growing, I expect India to contribute nearly 25 per cent of total sales," he added. At present, India's share in its total sales is nearly 15 per cent. Turner, which entered India in 2007, is currently managing nearly 14 million sq ft of projects by developers like Piramal Realty, Hirco, DLF, Tata Housing, Reliance, Neptune Orbit Corporation, Lodha, Sofitel among others.
It is also assisting the Gujarat government in building the 182-meter-tall statue of Sardar Vallabhbhai Patel - Statue of Unity. He said due to the 'Make in India' programme, not only domestic but foreign firms also want to set up manufacturing facilities in Mumbai.
"With our competency in building projects, we see this as a huge growth opportunity. Considering the opportunity, we expect to manage up to 25 million sq ft in the next 3 years," Panch said. The company not only wants to strengthen its presence in India but also develop it as a hub for its Asian operations, he said.
Panch further added the company also wants to double its headcount over the period from 150 to over 300. "We want to improve our competency and so we will be focusing on innovation and adding the right management team. We will also be working on spreading awareness about importance of project management today," he added.
Turner currently has presence in markets like Hyderabad, Chennai, Gujarat, New Delhi and Mumbai and will add Bengaluru this fiscal.
Image Credit : Shutterstock
Related Stories :
Online real estate enabler segment coming up, Mumbai-based Propstack raises $3M Series A
This Jaipur-based real estate startup is eyeing Rs 100 Cr sales in its second year of operations
MOST VIEWED STORIES
