| |OCTOBER 20205With the surge in construction activity and a shift towards pre-engineered buildings, the demand for structured steel design and detailing is increasing rapidly. As per a research by Mordor Intelligence, the Indian structural steel fabrication market is expected to grow at a CAGR of 5.5 percent till 2024. If we look at the growth drivers for the market, they primarily include the increasing demand from manufacturing sector, rising popularity of pre-engineered buildings, and steps taken by the government to boost infrastructure development through various policies and measures. The structural steel fabrication market in particular is going to see a rapid growth with the impact of several initiatives taken by the government pertaining to construction of green buildings. Government schemes that are already underway such as Smart City projects and Make in India scheme are giving a fillip to the structural steel fabrication market in India.Notwithstanding the growth factors, there are a few impedances in the way of faster adoption and steady growth. With the increasing cost of coking coal which is the main raw material currently used in India to manufacture steel, the price of steel is bound to go up. Adding to the woes are the government regulations with regard to steel production that are aimed at reducing the harm to the environment. Considering the fact that structural steel is the primary raw material for any pre-engineered building, as the real estate sector moves towards PEBs, the demand of structural steel is going to increase exponentially. Considering the increasing importance of this market segment, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Structural Steel Design and Detailing Service Providers who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies have stood out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comPEBs Driving the Demand for Structural Steel Vol 2 · Issue 2 · November 14, 2020Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Teja Boncheruvu Art & Graphics Ashok Kumar Vetrivel S GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
< Page 4 | Page 6 >