A Key Element of the Gati Shakti

Buildings, infrastructure, and industrial structures that form the backbone of our economies and are necessary to our daily lives are built by the construction sector and its larger ecosystem. From buildings to submarine tunnels, it has completed tasks that were increasingly more difficult. However, the industry has consistently done poorly in several areas for a long time. In the construction sector, EPC is a common type of contracting agreement. The engineering and construction contractor will carry out the project's full engineering design, buy all the tools and materials required, and then build to give their clients a functional facility or asset. The COVID-19 epidemic could be another another disaster that devastates a sector that is frequently especially susceptible to economic cycles. The market can never remain quiet for very long thanks to the broad range of these businesses. Turnkey projects in a variety of industries may be handled by an EPC company. Although these businesses focus mostly on the construction industry, they may serve a variety of industries. An EPC company, for instance, might work on plant projects for the power industry or the completion of projects for the oil and gas industry.

According to a Crisil assessment, engineering procurement and construction (EPC) companies involved in road development have recovered their pre-Covid operating level as concerns with labour and raw material availability have largely been overcome.

This edition of siliconindia is dedicated to the EPC companies who have led the industry's positioning in India, therefore we sincerely hope the industry catches on. utilising items that have been thoroughly researched and tested to improve India's health.Do let us know what you think.