To cater to the next boom, we are ready with local production
02 Jan 2019
2 Min Read
CW Team
With over 50 years of experience, the PASCHAL group specialises in formwork and formwork technology. Manikandan Mahalingam, General Director, PASCHAL Formworks (India), shares more鈥�
One path-breaking offering: We focus on service support and have a refurbishment facility, unlike anyone else, in India. We offer pre-consultation to our clients prior to sales. The technology we have adapted allows easy erection of the formwork within a short duration.
Demand drivers in 2019: Our products can be used across the residential and commercial segments, in infrastructure projects as well as the industrial sector. We are also getting good market share from the defence sector. We are not dependent on one segment and each segment has unique growth; hence, 2019 is promising for our business strategy.
Announcement contributing to the company鈥檚 growth in 2018: To cater to the next boom, we are ready with local production without compromising on quality. This will help us supply our formwork within 21 days time to support our client with the fastest delivery.
Challenge in 2019: We used to get repeated orders from existing clients who know our product advantages in comparison with all others. That said, adding new customers in our customer pool is a big challenge every year. Last year, we added a good number of clients; hence, we will focus on new customer additions, including small-scale contractors.
Key strategy to success in 2019: To cater to the needs of contractors, irrespective of their scale and size. Local production will help increase our market share, further making our clients鈥� projects successful with our prime quality and huge cost savings and spreading awareness of our product enabled with RFID technology. We will make people aware about our refurbishment facility and how it will help clients use their existing Paschal materials in a better way, to make them look as good as new.
听
With over 50 years of experience, the PASCHAL group specialises in formwork and formwork technology. Manikandan Mahalingam, General Director, PASCHAL Formworks (India), shares more鈥�
One path-breaking offering: We focus on service support and have a refurbishment facility, unlike anyone else, in India. We offer pre-consultation to our clients prior to sales. The technology we have adapted allows easy erection of the formwork within a short duration.
Demand drivers in 2019: Our products can be used across the residential and commercial segments, in infrastructure projects as well as the industrial sector. We are also getting good market share from the defence sector. We are not dependent on one segment and each segment has unique growth; hence, 2019 is promising for our business strategy.
Announcement contributing to the company鈥檚 growth in 2018: To cater to the next boom, we are ready with local production without compromising on quality. This will help us supply our formwork within 21 days time to support our client with the fastest delivery.
Challenge in 2019: We used to get repeated orders from existing clients who know our product advantages in comparison with all others. That said, adding new customers in our customer pool is a big challenge every year. Last year, we added a good number of clients; hence, we will focus on new customer additions, including small-scale contractors.
Key strategy to success in 2019: To cater to the needs of contractors, irrespective of their scale and size. Local production will help increase our market share, further making our clients鈥� projects successful with our prime quality and huge cost savings and spreading awareness of our product enabled with RFID technology. We will make people aware about our refurbishment facility and how it will help clients use their existing Paschal materials in a better way, to make them look as good as new.
听
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..