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KEF Infra India eyes becoming $1.5-billion company by 2020

Last Updated 06 October 2016, 19:11 IST

KEF Infra, the infrastructure subsidiary of KEF Holdings, a multinational diversified group that specialises in innovative offsite construction technology, eyes $1.5 billion sales by 2020.

Talking to DH, KEF Infra CEO Sumesh Sachar said, “We are going to double our revenues this year and will touch Rs 700 crore. KEF Infra wants to be a company with at least $1.5 billion in sales by 2020. We want to be known as the world’s best manufacturer of hospitals, schools, hotels and homes.”

KEF Infra, which has presence in UAE and Singapore, entered India in 2012. It  has invested over Rs 650 crore in building the largest fully integrated one-stop ‘offsite construction’ destination on 42-acre One Industrial Park in Krishnagiri, Tamil Nadu.

“The Krishnagiri plant is strategically located for us, close to well-built highways, good availability of power, water, raw material availability — access to cement and steel. Also, the availability of skilled labour is a key factor here, and we have employed 800 staff,” Sachar said.

“By manufacturing each part of a building offsite, which includes using robots for prefabrication rooms, joinery and glazing, as well as concrete elements, we are able to deliver highly complex structures in half the time and provide better return on investment compared to conventional construction,” Sachar added.

Infosys Projects

“We are doing two projects with Infosys — a half-a-million sq.ft building for a multi-level car park in Pune and office commercial park in Benglauru. We started this project in April and will complete by December 31,” Sachar said.

“Another project for Infosys is in Mysuru campus. We are building a gate which will stand at 135 metres. It is precast, and a steel structure. All combined with GRC ((glass reinforced concrete) in the front. We will expect this to complete by mid-next year,” Sachar added.

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(Published 06 October 2016, 19:11 IST)

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