Construction

Coromandel Engineering eyes growth via tech, green buildings; flags cost and manpower risks

Chennai-based Coromandel Engineering Company Ltd, in its 2024-25 annual report, outlined its vision to become a one-stop construction solutions provider.

The Chennai-based Coromandel Engineering Company Ltd envisions transforming itself into a comprehensive one-stop construction solutions provider, catering to diverse client needs across the residential, commercial, and industrial sectors, as stated in its 2024-25 annual report.

Over the years, the construction company has executed a diverse project portfolio covering residential developments, commercial complexes, industrial plants, institutional buildings, and specialised infrastructure works, the report said.

Several factors are acting as strong growth catalysts for the operations of the Chennai-based Coromandel Engineering Company Ltd (CECL). The ongoing trend of rapid urbanisation is significantly increasing the demand for both residential and commercial spaces, providing a robust pipeline of opportunities for the construction sector, according to the company’s 2024-25 annual report.

The adoption of modern technologies such as Building Information Modelling (BIM) and prefabrication techniques is also enhancing project speed, accuracy, and cost efficiency. There is a growing emphasis on green buildings and sustainable construction practices, which aligns with CECL’s commitment to environmentally responsible development. These combined factors position CECL as a forward-thinking player in India’s infrastructure and real estate growth story, the company said.

However, among the risks and threats, the company cited fluctuations in the prices of cement, steel, and other construction materials that can significantly affect project costs and profitability. Shortages of skilled and semi-skilled manpower, particularly during peak demand, may cause execution delays. Delays in obtaining statutory clearances can disrupt timelines and increase project costs, the company said.

Published on August 25, 2025

Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Construction

BMC issues stop-work notices to two construction sites over foul air | Mumbai news

MUMBAI: In a decisive step to curb air pollution, the Brihanmumbai Municipal Corporation (BMC) issued stop-work notices to two construction
Construction

HC asks civic body in Navi Mumbai to compile a list of buildings without Occupancy Certificates | Mumbai news

Oct 28, 2024 07:48 AM IST The Bombay High Court directed NMMC to list buildings occupied without Occupancy Certificates, following