ROOFING INDUSTRY UPDATES.

Opportunities in Indian roofing industry

PM NEWS BUREAU Tuesday, November 23, 2010, 15:50 Hrs [IST]

Unitech Exhibitions Pvt. Ltd is organising the 10th edition of Roof India Exhibition, Asia's largest roofing and allied technologies event, at the Bombay Exhibition Centre in Mumbai on May 27-29, 2011. Here are some of the main reasons why domestic and foreign companies involved in roofing, facades, cladding, pre-engineered buildings, tensile architecture, green roofs, roof landscaping and waterproofing will participate in the expo:

In spite of the global economic slowdown, India is still the secondfastest growing economy in the world The Indian economy is the fourth-largest as measured by purchasing power parity, with a GDP of $3.63 trillion. The country's $12-billion real estate market is expanding at a 30 per cent annual rate. Analysts at Merrill Lynch predict that the real estate market will grow to $90 billion in 10 years. A booming economy has kick started all industry sectors including the construction and infrastructure industry. Airport modernisation, new airports projects, metro rail, new hotels and serviced apartments, resorts projects, IT parks, SEZs, industrial cities and parks, retail malls, hypermarkets, multiplexes, integrated townships etc., are the buzzwords in India's booming construction and infrastructure industry. Construction and modernisation of new and existing airports and ports will attract the need for specialised structures like pre-engineered Buildings, hangars and large factory sheds. The construction of metro rail networks in Mumbai, Bengaluru, Hyderabad and Ahmedabad are underway and are also being planned in Chennai, Kochi and Kolkata. With the booming domestic and international tourist traffic in India, the growing demand for hotel rooms has led to the announcement of many hotel and resort projects in metro and Tier II & III cities. The IT/ITES and BPO boom has changed the horizon of many cities and towns with mega multistoried IT and software parks and integrated townships coming up at a rapid pace in the country. SEZs, biotech parks, industrial cities and areas, agro parks, gem and jewellery parks, apparel parks and other specialised commercial spaces etc., are also being launched and promoted by big business houses and real estate promoters.

Mumbai, Maharashtra, September 8, 2010 /India PRwire/ -- Despite the global economic downturn the Indian construction industry is still booming. There has been considerable investment in key construction areas such as airport expansion, large shopping malls, new stadiums, metro stations and IT parks. This growth has stimulated the roofing industry in India and has opened up a wealth of opportunities for regional and local architects, consultants and contractors. As a result the roofing industry in India is preparing for the next generation of ambitious projects. There has been a clear shift away from traditional low cost roof's and a real focus on designing and installing iconic, cost-effective, green structures. International Quality and Productivity Centre's [IQPC], research reveals that though there is no scarcity of innovative ideas, the current buzz word in the industry is "green and sustainable roofs", a fairly recent concept in India. IQPC along with International Green Roof Association (IGRA) a global network, for the promotion and dissemination of information on Green Roof topics and Green Roof technology has launchedInnovative Roof's India. Innovative Roof's India is the region's only technical conference dedicated to sharing knowledge and strategies on latest technologies and advancements in the roofing industry. Senior individuals from developers, architects, consultants and contractors from across the region and globally will congregate to participate in panel discussions, case studies and deliver presentations on the maintenance and sustainability considerations in fabricating complex roof structures, guaranteeing long lasting ecological functions in green roofs and integrating new technologies and innovations in roof design and construction. One of the main sponsors SIKA will be present to showcase their expertise in providing unique cost effective solutions to roofing industry Innovative Roof's India is a two day conference, to be held at Hyatt Regency, Mumbai, from October 18 to 19. It is co-located with Faade Design and Engineering India to ensure the Indian construction industry reaps maximum benefit. For more information on the conference participation, speakers, agenda, delegates, solution providers and log on to www.innovativeroofsindia.com Notes to Editor About IQPC: IQPC provides practical conferences, large scale events, topical seminars and in-house training programs, keeping business executives up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,800 events annually around the world, and continues to grow. Founded in 1973, IQPC now has offices in major cities across six continents including:Bengaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore, Stockholm, Sydney, and Toronto.