- KPMG-NAREDCO report suggests that by 2030 India could be the world’s third-largest global construction market.
- In a single financial year, India is investing around $ 81.78 Trillion for developing and upgrading infrastructure.
- In just 3 years UK has saved over $ 2 Billion by mandating the use of BIM in public sector projects.
- The Top 100 Contractors across the globe operate at profitability of just 1.5%.
Well, this is just the beginning.
Over decades and centuries, technology has not only made things simpler but has helped to save trillions of dollars in everything we do. From the world’s thinnest laptops to the world’s largest aircraft, technology has touched every aspect of our life. Companies and industries that have kept pace with technology are the ones that are successful today.
In the case of precast construction industry, technology has revolutionized the industry and has changed the way construction is taking place across the globe. However, there is still a big gap between the methods adopted by precast manufacturers, precast construction companies and the available technology in the industry. A big gap also means there is immense potential, for not only streamlining the construction processes, but also saving a great amount of money. Adapting the right technology can help precast factories and precast builders to save time and cost and enhance their profitability.
Why should the construction industry adopt BIM for precast in India ?
Of late, Building Information Modelling (BIM) is gaining popularity worldwide, and more so in India. Companies engaged in the precast construction business are embracing BIM, for both public and private sector construction projects.
In case, if you are not aware of what BIM is, let us understand it quickly, especially from the precast industry perspective. In simple words, BIM can be defined as a multi-dimensional graphical representation of the precast manufacturing process and precast construction projects. It helps to build virtually before building physically, enabling different stakeholders in the construction project to get a feel of and understand the physical and intrinsic features of the project.
The BIM approach is helpful because it helps in understanding and eliminating issues that may arise in the precast design, precast detailing, precast production, and the precast construction phase. When the three dimensions of BIM are combined with parameters such as cost, time, and project lifecycle management, it creates a six-dimensional model and serves as a point of reference for all stakeholders in the precast business. BIM approach takes the architects, engineers, and builders from the industry miles ahead as they can execute the work more efficiently by eliminating or significantly minimizing the obstacles that may arise during the manufacturing, and construction process.
Some of the keywords that define Building Information Modelling (BIM) are:
- Efficient execution
- Project lifecycle management
- Multidimensional approach
- Cost control
- Timely execution of projects
- Better coordination