Trends in the scaffolding
and formwork market
are changing in keeping
with the times. With 100
per cent FDI allowed under the
automatic route in township
development, built-up infrastructure
and construction projects, a
lot of foreign players are entering
the market.
As a consequence, "We are witnessing
a lot of innovation in scaffolding
and formwork systems in
India," foreign promoter Dr
Sudesh Yadav, an investor in the
Indian scaffolding industry and
Director of DANA Group, said.
The latest demand trends indicate
increased preference for aluminum
scaffolding, especially for
low-rise projects and suspended
scaffolding, because of its ease of
use, light weight and portability.
The sector has been witnessing a
sharp rise in demand due to the
shift towards infrastructure development.
Scaffolding is necessary
for the construction of multistorey
buildings as well as structures
in other sectors like power,
oil and gas, airports, and road and
bridges. Industry activities
include design, production, sales,
erection, monitoring and inspection
along with dismantling of
fixed/modular scaffolding.
Dr Birbal Singh Dana, Managing
Director, DANA Group of
Companies, Dubai, said, "Simple
and efficient design of scaffoldings
allows beating the contract
schedule, maintain lower labour
costs and simultaneously provide
high quality finish to the project.
Sustainability of scaffolding thus
offered is higher than traditional
scaffolding and is better suited for
long life of projects."
For Financial Year 2011-12, an
allocation of over `2.14 crore is
proposed to be made in infrastructure
sector, which is 23.3 per cent
higher than the allocation in FY11
and accounts for 48.5 per cent of
the total budget. This will boost
demand for scaffolding. Apart
from government investment, private
investment in high rises and
residential and commercial development
is also spurring growth in
demand for scaffolding.
All said and done, the scaffolding
and formwork market is yet
to achieve a higher level of
awareness about new products
like customised steel scaffolding
and aluminum formworks.