In a significant development for India’s construction sector, Greyhawk Precast, part of Aspect Global Ventures, has announced a strategic partnership with Finnish company Elematic Oyj. This collaboration aims to bring advanced precast and mechanised construction technology to India, promising swifter, more efficient deliveries for housing and commercial projects.
The agreement was signed at the Fincham Business Networking Gala, with top executives from both companies present. Representing Aspect Global Ventures were Mr. Sukumar Shetty, Mr. Laxman Kumar Prasad, Mr. Pritpal Singh, and Mr. Deepanshu Mittal. From Elematic Oyj, CEO Mr. Teppo Voutilainen and India Head Mr. Chandru Datta attended.
This partnership addresses persistent challenges like project delays, inconsistent quality, and urban congestion by focusing on technology transfer and capacity building. The initiative will enable Greyhawk Precast to produce structural components at scale in a controlled environment, drastically reducing project timelines and enhancing quality. Key benefits include up to 90% reduction in on-site work, minimal urban disruption, and sustainable practices.
(With inputs from agencies.)