Nemetschek Group Expands into India, Eyes 15-20% Growth in Next 3 Years
Germany-based Nemetschek Group inaugurates Mumbai office, sets ambitious growth plan in India's booming real estate market.
Nemetschek GroupBim SolutionsAeco IndustryIndiaReal Estate MarketConstruction IndustryReal Estate MumbaiJul 12, 2024
Speaking on the occasion, Yves Padrines, CEO of Nemetschek Group, said that India represents a significant opportunity for the company, driven by the country's booming real estate market and large number of construction projects, including around 9,500 National Infrastructure Pipeline (NIP) projects.
Nemetschek Group's entry into India is set to transform the country's AEC landscape with its comprehensive market entry strategy. The company has structured its offerings into three segments - Conceptualize, Design, and Execute - catering to the specific needs of architects, landscape and interior designers, engineering design consultants, project management companies, and contractors.
In addition to its Mumbai office, Nemetschek Group also has a research and development center in Hyderabad, reflecting its commitment to continuous innovation and support for the local industry. The company has also signed a Memorandum of Understanding (MoU) with JJ College of Architecture in Mumbai to foster innovation and skill development in the Indian architecture sector, aligning with the government's Skill Development Program.
Nirmalya Chatterjee, Country VP, Nemetschek Group - Indian Subcontinent, emphasized the strategic importance of entering the Indian market at this juncture. 'India's construction market is poised for exponential growth, projected to become the third largest globally by 2025. Our solutions are already recognized here, and now, by engaging directly with enterprise-level customers and expanding our network of channel partners, we aim to elevate the industry standards,' he said.
Information
Nemetschek Group is a German company that develops BIM solutions for the AEC/O industry. The company has a strong presence in over 80 countries worldwide.
Nemetschek Group is a leading provider of BIM solutions for the AEC/O industry, with a strong presence in over 80 countries worldwide. The company's comprehensive range of solutions caters to the specific needs of architects, engineers, construction companies, and owners.
Frequently Asked Questions
What is Nemetschek Group's growth plan in India?
Nemetschek Group aims to achieve 15-20% growth in the next 2-3 years in India.
What is the significance of India's real estate market for Nemetschek Group?
India's booming real estate market and large number of construction projects, including around 9,500 National Infrastructure Pipeline (NIP) projects, represent a significant opportunity for Nemetschek Group.
What is the focus of Nemetschek Group's MoU with JJ College of Architecture in Mumbai?
The MoU aims to foster innovation and skill development in the Indian architecture sector, aligning with the government's Skill Development Program.
What is the scope of Nemetschek Group's solutions in the Indian market?
Nemetschek Group's solutions cater to the specific needs of architects, landscape and interior designers, engineering design consultants, project management companies, and contractors in India.
What is Nemetschek Group's commitment to innovation and support for the local industry in India?
Nemetschek Group has a research and development center in Hyderabad, reflecting its commitment to continuous innovation and support for the local industry in India.
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