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Construction World Annual Awards 2017

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Top performers of Indian construction sector were recognised at a glittering award ceremony held in Mumbai.

Foundation of Infrastructure Research Studies Training (FIRST) hosted the 15th CONSTRUCTION WORLD Annual Awards at ITC Grand Central, Parel, in Mumbai. The names of India’s Fastest Growing Construction Companies were unveiled at the grand award ceremony, which was attended by well-known personalities from the construction world and the industry stalwarts. The award winners were recognised and felicitated basis the FIRST Methodology. India’s Fastest growing Construction Companies, country’s Top Challengers and the construction Man of the Year took centre stage and were applauded by the construction fraternity.

FIRST, a non-profit body engaged in research and information, developed a statistical model to analyse and present India’s Fastest Growing Construction Companies for the last 15 years. Initiated and conceptualised by Pratap Padode, Founder & President, FIRST, the model uses financial data of the last six years, and companies are categorised and ranked as under Large, Medium and Small.

Setting a perfect tone for the evening, Padode said in his inaugural address, "Over Rs 2.5 lakh crore of investment is scheduled in metro lines all over India. In the next five years, a further investment pipeline of Rs 2 lakh crore will be created. Indeed, metro is the new alternative to road connectivity within cities and considering it is all being funded by the government (barring Hyderabad and partially in Mumbai), it is more sustainable. It is also driving growth in steel and construction." He went on to add that post demonetisation, a surge in the stock market has seen construction companies grow in market cap by 26 per cent from Rs 190,395 crore in 2016 to Rs 240,694 crore even though construction companies only saw a 6.44 per cent growth in revenue during the same period.

Pravin Darade, Additional Metropolitan Commissioner, MMRDA and Secretary to Maharashtra Chief Minister, graced the evening with his presence and presented the award to all the winners. In his address to the audience, Darade emphasised on the big opportunity as he said, "We have investment to the tune of over Rs 150,000 crore planned for the entire Mumbai Metro."

Instituted by the jury, the award ‘Man of the Year’ took into account construction heroes who have made remarkable achievements this year and, through their efforts, have propelled the company, organisation and industry forward. Keynote Speaker and CW Man of the Year Elias George, Managing Director, Kochi Metro Rail Ltd, in his address to the audience said, "We have a young team and a lot of the ideas and recommendations that come from me is what I collate from these young minds."

Emphasising on the importance of project management in India, he added, "In India, 2 per cent is invested towards project planning as compared to the 10 per cent internationally. Hence, there is a need to increase our emphasis on project management."

Largest Construction Company Larsen & Toubro had MV Satish, Whole Time Director and Senior Executive Vice President (Buildings, Minerals & Metals) present to receive the award. Speaking on what makes the company the unchallenged leader in construction, he said, "Selection of project is the key to sustainable revenue growth."

He went on to add that with many companies climbing up the growth ladder, strategising to stay ahead of the competition and maintaining its position as the largest is the focus for the company as well.

The audience applauded for the Fastest Growing Construction Company in the Large Category Dilip Buildcon. It was double celebration for the company as it also received the award for being among India’s Top Challengers of 2016-17. On a winning note, Rohan Suryavanshi, Director, Dilip Buildcon, said, "Timely project execution with quality has been the key strategy to the company’s growth."

A seven-member jury panel, comprising eminent people from the construction industry, came together on September 6th this year to discuss, deliberate upon and select the winners of ‘India’s Largest and Fastest Growing Construction Companies’, along with the ‘Man of the Year’. Having applied parameters of good governance, macro assessment, and such other qualitative factors, the jury panel finalised a set of winners from among shortlisted companies. This year, the jury panel comprised Sandeep Upadhyay, Managing Director & CEO, Centrum Infrastructure Advisory; Chintan D Lakhani, Associate Director, Infrastructure & Project Finance, India Ratings & Research; K Ravichandran, Senior Vice President and Group Head, Corporate Sector Ratings, ICRA; Vijay Agrawal, Executive Director, Equirus Capital; Deepak Garg, CEO, SANY Heavy Industry India; Binaifer Jehani, Director, CRISIL Research; and Rahul Akkara, Vice President-Strategy & Brand, JSW Cement.

Commenting on the findings from the financial data collated by FIRST, Padode shared, "Our findings reveal that new entrants such as Montecarlo, GHV, KNK among others are growing at an average rate of over 30 per cent. Some of our Top Challengers are Gayatri Projects and MEP Infra. It is a matter of pride and honour to announce Elias George, Managing Director, Kochi Metro Rail Ltd as CW Man of the Year. So, let’s raise the toast to those who construct and build, what is now being referred to as the new incredible India."

FIRST created another model for the ‘Top Challengers’. This model takes into consideration promising companies, having studied their ability to grow over the previous year despite challenging circumstances. Companies under this category including infrastructure developers, building materials and construction equipment, etc were also awarded.

CW Annual Awards 2017 – Winners

Top Challengers
Action Construction Equipment
Asian Granito India
Dilip Buildcon
Gayatri Projects
JSW Steel
Kalyani Steels
Man Infraconstruction
MEP Infrastructure Developers
Sanghi Industries
Somany Ceramics
Largest Construction Company
Larsen & Toubro

Fastest Growing
Construction Company (Large)
1st – Dilip Buildcon
2nd – Afcons Infrastructure
3rd – Tata Projects
Fastest Growing Construction Company (Medium)
1st – Ashoka Buildcon
2nd – KNR Constructions
3rd – Montecarlo Ltd

Fastest Growing Construction Company (Small)
1st – Ahluwalia Contracts (India)
2nd – J Kumar Infraprojects
3rd – Welspun Enterprises

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Economy & Market

Power Build’s Core Gear Series

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A deep dive into Core Gear Series of products M, C, F and K, by Power Build, and how they represent precision in motion.

At the heart of every high-performance industrial system lies the need for robust, reliable, and efficient power transmission. Power Build answers this need with its flagship geared motor series: M, C, F and K. Each series is meticulously engineered to serve specific operational demands while maintaining the universal promise of durability, efficiency, and performance.

Series M – Helical Inline Geared Motors
Compact and powerful, the Series M delivers exceptional drive solutions for a broad range of applications. With power handling up to 160kW and torque capacity reaching 20,000 Nm, it is the trusted solution for industries requiring quiet operation, high efficiency, and space-saving design. Series M is available with multiple mounting and motor options, making it a versatile choice for manufacturers and OEMs globally.

Series C – Right Angled Heli-Worm Geared Motors
Combining the benefits of helical and worm gearing, the Series C is designed for right-angled power transmission. With gear ratios of up to 16,000:1 and torque capacities of up to 10,000 Nm, this series is optimal for applications demanding precision in compact spaces. Industries looking for a smooth, low-noise operation with maximum torque efficiency rely on Series C for dependable performance.

Series F – Parallel Shaft Mounted Geared Motors
Built for endurance in the most demanding environments, Series F is widely adopted in steel plants, hoists, cranes and heavy-duty conveyors. Offering torque up to 10,000 Nm and high gear ratios up to 20,000:1, this product features an integral torque arm and diverse output configurations to meet industry-specific challenges head-on.

Series K – Right Angle Helical Bevel Geared Motors
For industries seeking high efficiency and torque-heavy performance, Series K is the answer. This right-angled geared motor series delivers torque up to 50,000 Nm, making it a preferred choice in core infrastructure sectors such as cement, power, mining and material handling. Its flexibility in mounting and broad motor options offer engineers the freedom in design and reliability in execution.
Together, these four series reflect Power Build’s commitment to excellence in mechanical power transmission. From compact inline designs to robust right-angle drives, each geared motor is a result of decades of engineering innovation, customer-focused design and field-tested reliability. Whether the requirement is speed control, torque multiplication or space efficiency, Radicon’s Series M, C, F and K stand as trusted powerhouses for global industries.

http://www.powerbuild.in
Call: +919727719344

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Economy & Market

Conveyor belts are a vital link in the supply chain

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Kamlesh Jain, Managing Director, Elastocon, discusses how the brand delivers high-performance, customised conveyor belt solutions for demanding industries like cement, mining, and logistics, while embracing innovation, automation, and sustainability.

In today’s rapidly evolving industrial landscape, efficient material handling isn’t just a necessity—it’s a competitive advantage. As industries such as mining, cement, steel and logistics push for higher productivity, automation, and sustainability, the humble conveyor belt has taken on a mission-critical role. In this exclusive interview, Kamlesh Jain, Managing Director, Elastocon, discusses how the company is innovating for tougher terrains, smarter systems and a greener tomorrow.

Brief us about your company – in terms of its offerings, manufacturing facilities, and the key end-user industries it serves.
Elastocon, a flagship brand of the Royal Group, is a trusted name in the conveyor belt manufacturing industry. Under the brand name ELASTOCON, the company produces both open-end and endless belts, offering tailor-made solutions to some of the most demanding sectors such as cement, steel, power, mining, fertiliser, and logistics. Every belt is meticulously engineered—from fabric selection to material composition—to ensure optimal performance in tough working conditions. With advanced manufacturing facilities and strict quality protocols, Elastocon continues to deliver high-performance conveyor solutions designed for durability, safety, and efficiency.

How is the group addressing the needs for efficient material handling?
Efficient material handling is the backbone of any industrial operation. At Elastocon, our engineering philosophy revolves around creating belts that deliver consistent performance, long operational life, and minimal maintenance. We focus on key performance parameters such as tensile strength, abrasion resistance, tear strength, and low elongation at working tension. Our belts are designed to offer superior bonding between plies and covers, which directly impacts their life and reliability. We also support clients
with maintenance manuals and technical advice, helping them improve their system’s productivity and reduce downtime.

How critical are conveyor belts in ensuring seamless material handling?
Conveyor belts are a vital link in the supply chain across industries. In sectors like mining, cement, steel, and logistics, they facilitate the efficient movement of materials and help maintain uninterrupted production flows. At Elastocon, we recognise the crucial role of belts in minimising breakdowns and increasing plant uptime. Our belts are built to endure abrasive, high-temperature, or high-load environments. We also advocate proper system maintenance, including correct belt storage, jointing, roller alignment, and idler checks, to ensure smooth and centered belt movement, reducing operational interruptions.

What are the key market and demand drivers for the conveyor belt industry?
The growth of the conveyor belt industry is closely tied to infrastructure development, increased automation, and the push for higher operational efficiency. As industries strive to reduce labor dependency and improve productivity, there is a growing demand for advanced material handling systems. Customers today seek not just reliability, but also cost-effectiveness and technical superiority in the belts they choose. Enhanced product aesthetics and innovation in design are also becoming significant differentiators. These trends are pushing manufacturers to evolve continuously, and Elastocon is leading the way with customer-centric product development.

How does Elastocon address the diverse and evolving requirements of these sectors?
Our strength lies in offering a broad and technically advanced product portfolio that serves various industries. For general-purpose applications, our M24 and DINX/W grade belts offer excellent abrasion resistance, especially for RMHS and cement plants. For high-temperature operations, we provide HR and SHR T2 grade belts, as well as our flagship PYROCON and PYROKING belts, which can withstand extreme heat—up to 250°C continuous and even 400°C peak—thanks to advanced EPM polymers.
We also cater to sectors with specialised needs. For fire-prone environments like underground mining, we offer fire-resistant belts certified to IS 1891 Part V, ISO 340, and MSHA standards. Our OR-grade belts are designed for oil and chemical resistance, making them ideal for fertiliser and chemical industries. In high-moisture applications like food and agriculture, our MR-grade belts ensure optimal performance. This diverse range enables us to meet customer-specific challenges with precision and efficiency.

What core advantages does Elastocon offer that differentiate it from competitors?
Elastocon stands out due to its deep commitment to quality, innovation, and customer satisfaction. Every belt is customised to the client’s requirements, supported by a strong R&D foundation that keeps us aligned with global standards and trends. Our customer support doesn’t end at product delivery—we provide ongoing technical assistance and after-sales service that help clients maximise the value of their investments. Moreover, our focus on compliance and certifications ensures our belts meet stringent national and international safety and performance standards, giving customers added confidence.

How is Elastocon gearing up to meet its customers’ evolving needs?
We are conscious of the shift towards greener and smarter manufacturing practices. Elastocon is embracing sustainability by incorporating eco-friendly materials and energy-efficient manufacturing techniques. In parallel, we are developing belts that seamlessly integrate with automated systems and smart industrial platforms. Our vision is to make our products not just high-performing but also future-ready—aligned with global sustainability goals and compatible with emerging technologies in industrial automation and predictive maintenance.

What trends do you foresee shaping the future of the conveyor belt industry?
The conveyor belt industry is undergoing a significant transformation. As Industry 4.0 principles gain traction, we expect to see widespread adoption of smart belts equipped with sensors for real-time monitoring, diagnostics, and predictive maintenance. The demand for recyclable materials and sustainable designs will continue to grow. Furthermore, industry-specific customisation will increasingly replace standardisation, and belts will be expected to do more than just transport material—they will be integrated into intelligent production systems. Elastocon is already investing in these future-focused areas to stay ahead of the curve.

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Economy & Market

Impactful Branding

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Advertising or branding is never about driving sales. It’s about creating brand awareness and recall. It’s about conveying the core values of your brand to your consumers. In this context, why is branding important for cement companies? As far as the customers are concerned cement is simply cement. It is precisely for this reason that branding, marketing and advertising of cement becomes crucial. Since the customer is unable to differentiate between the shades of grey, the onus of creating this awareness is carried by the brands. That explains the heavy marketing budgets, celebrity-centric commercials, emotion-invoking taglines and campaigns enunciating the many benefits of their offerings.
Marketing strategies of cement companies have undergone gradual transformation owing to the change in consumer behaviour. While TV commercials are high on humour and emotions to establish a fast connect with the customer, social media campaigns are focussed more on capturing the consumer’s attention in an over-crowded virtual world. Branding for cement companies has become a holistic growth strategy with quantifiable results. This has made brands opt for a mix package of traditional and new-age tools, such as social media. However, the hero of every marketing communication is the message, which encapsulates the unique selling points of the product. That after all is crux of the matter here.
While cement companies are effectively using marketing tools to reach out to the consumers, they need to strengthen the four Cs of the branding process – Consumer, Cost, Communication and Convenience. Putting up the right message, at the right time and at the right place for the right kind of customer demographic is of utmost importance in the long run. It is precisely for this reason that regional players are likely to have an upper hand as they rely on local language and cultural references to drive home the point. But modern marketing and branding domain is exponentially growing and it would be an interesting exercise to tabulate and analyse its impact on branding for cement.

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