Aesthetik Engineers Limited is engaged in the business of designing, engineering, fabrication and installation of facade systems. Their portfolio includes building facades, Aluminium Doors and Windows, Railing and Staircase and Glassfibre Reinforced Concrete (GRC). They offer a wide range of products and services to meet the demands of their customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. They execute end to end solution of our offerings i.e, from designing of façade to installation of facade at the site.
Over the years they have executed various projects for the various reputed clients from different industries. They have offered their services to various construction projects including commercial complex, residential building, airports, and Malls in various states such as West Bengal, Bihar, Maharashtra, Assam, Odisha and Gujarat. They have various recognized suppliers from domestic and international market to fulfil their raw material supplies, and they have been able to secure timely supply of required materials for their existing operations. The Company has a standard operating process for design, fabrication and installation of their products and services, adherence to these standardized protocols ensures consistency, quality control, and efficiency throughout the entire lifecycle of facade development, thereby facilitating the attainment of project objectives and client satisfaction.
They have in-house capabilities and proficiency in engineering, design, fabrication, material development coupled with a range of finishing and assembly operations focussed on continuous improvements of fabrication and other processes’ quality. They believe their process design capabilities and more than two decades of experience in the façade industry enable us to develop high quality and cost-effective solutions, which differentiates us from their global competitors. Their entire range of offerings conforms to National and International Standards as well as commercial market demands.
The Company's vision is to be a globally recognized leader in providing innovative and sustainable façade solutions, aluminium doors and windows, GFRC and Solar EPC. They aspire to redefine architectural aesthetics while prioritizing environmental responsibility and fostering long-lasting partnerships with their clients.
INDIAN FAÇADE MARKET
The India facade market size reached US$ 2,855.4 Million in 2023. Looking forward, the market is expected to reach US$ 5,431.9 Million by 2032, exhibiting a growth rate (CAGR) of 7.18% during 2024-2032. The increasing construction activities, rising number of commercial spaces, and the growing number of remodeling and upgradation projects represent some of the key factors driving the market.
The facade is an exterior front of a building that comprises roofing, street awnings, and ventilation louvers. It is produced using different materials, such as glass, brick, steel, aluminum, stone, concrete, metal, clay, and wood. It offers an aesthetic appeal to the building and enhanced waterproofing, fabrication, durability, and weather protection. It is generally used in energy efficient buildings for controlling light penetration, regulating internal temperature, and providing thermal insulation. It requires regular maintenance to ensure its longevity and functionality. It is commonly available in several shapes and sizes and can be created as per the requirements of the consumer.
The increasing construction activities in the residential areas on account of rapid urbanization and inflating disposable income levels represent one of the key factors driving the demand for façades in India. Moreover, the rising number of commercial spaces, such as shopping malls, restaurants, cafes, offices, hotels, and institutions, is contributing to the market growth. In addition, due to the growing environmental concerns, several measures are being undertaken by the government of India (GoI) to promote the use of sustainable construction materials and minimize carbon emissions. This, coupled with the launch of various government sponsored public housing programs due to the surging demand for affordable housing units, is driving the adoption of facades in the country. Apart from this, the increasing number of remodeling and upgradation projects for stadiums, airports, railway stations, metro, and hospitals is contributing to the market growth in the country. Furthermore, the rising popularity of polycarbonate facades in industrial and large-scale commercial buildings due to their numerous advantages, including easy installation, weather resistance, and low maintenance costs, is propelling the growth of the market. Besides this, key players operating in India are introducing facades in advanced materials, such as phase change materials (PCM), high reflectance and durable outdoor coatings, and insulation foams with improved strength and visually appealing texture. This, along with the advent of high quality facades that regulates temperature, protects against rain, and resists corrosion to ensure comfortable and durable building on account of changing climatic conditions like heat, humidity, and monsoon is strengthening the growth of the market.
INDIAN ALUMINUM DOORS AND WINDOWS INDUSTRY
For India Exporters of Aluminum Doors And Windows , USA seems to be the most attractive market (in 2028) in terms of export potential followed by United Kingdom (UK), Australia, Netherlands and Japan. Also USA offers high import demand potential for other countries as well in 2028.
The India aluminum doors and windows market is experiencing growth as the construction and real estate sectors continue to expand. Aluminum doors and windows are preferred for their durability, aesthetics, and energy efficiency. They are increasingly used in residential and commercial buildings.
The India aluminum doors and windows market is primarily driven by the construction and real estate sector. The demand for energy-efficient and aesthetically pleasing building components has fueled the growth of aluminum doors and windows. They offer durability, low maintenance, and corrosion resistance, making them a preferred choice for modern construction. Government initiatives promoting affordable housing and urban development are also stimulating market growth.
INDIAN INFRASTRUCTURE INDUSTRY
India’s high growth imperative in 2023 and beyond will significantly be driven by major strides in key sectors with infrastructure development being a critical force aiding the progress.
Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. Prime Minister Mr. Narendra Modi also recently reiterated that infrastructure is a crucial pillar to ensure good governance across sectors.
The government’s focus on building infrastructure of the future has been evident given the slew of initiatives launched recently. The US$ 1.3 trillion national master plan for infrastructure, Gati Shakti, has been a forerunner to bring about systemic and effective reforms in the sector, and has already shown a significant headway.
Infrastructure support to the nation’s manufacturers also remains one of the top agendas as it will significantly transform goods and exports movement making freight delivery effective and economical.
The "Smart Cities Mission" and "Housing for All" programmes have benefited from these initiatives. Saudi Arabia seeks to spend up to US$ 100 billion in India in energy, petrochemicals, refinery, infrastructure, agriculture, minerals, and mining.
The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. In other words, the infrastructure sector acts as a catalyst for India’s economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure, and construction development projects.
To meet India’s aim of reaching a US$ 5 trillion economy by 2025, infrastructure development is the need of the hour. The government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme to augment the growth of the infrastructure sector. Historically, more than 80% of the country's infrastructure spending has gone toward funding for transportation, electricity, and water, and irrigation.
While these sectors still remain the key focus, the government has also started to focus on other sectors as India's environment and demographics are evolving. There is a compelling need for enhanced and improved delivery across the whole infrastructure spectrum, from housing provision to water and sanitation services to digital and transportation demands, which will assure economic growth, increase quality of life, and boost sectoral competitiveness.
In Interim Budget 2024-25, capital investment outlay for infrastructure has been increased by 11.1% to Rs. 11.11 lakh crore (US$ 133.86 billion), which would be 3.4 % of GDP. As per the Interim Budget 2023-24, a capital outlay of Rs. 2.55 lakh crore (US$ 30.72 billion) has been made for the Railways, an increase of 5.8% over the previous year.
Starting with 6,835 projects, the NIP project count now stands at 9,142 covering 34 sub-sectors, as per news reports. Under the initiative, 2476 projects are under the development phase with an estimated investment of US$ 1.9 trillion. Nearly half of the under-development projects are in the transportation sector, and 3,906 are in the roads and bridges sub-sector.
During FY 2023-24, Total revenue of Indian Railways stands at US$ 28.89 billion (Rs 2.40 Lakh Crore) as on 15th March. Last year on 15th March, total Revenue was US$ 26.84 billion (Rs 2.23 Lakh Crore). India’s logistics market is estimated to be US$ 317.26 billion in 2024 and is expected to reach US$ 484.43 billion by 2029, growing at a CAGR of 8.8%. India currently has the fifth-largest metro network in the world and will soon overtake advanced economies such as Japan and South Korea to become the third-largest network. Metro rail network reached 810 kms and is operational in 20 cities.
With a 37% increase in the current fiscal year, capital expenditures (capex) are on the rise, which bolsters ongoing infrastructure development and fits with 2027 goals for India's economic growth to become a US$ 5 trillion economy. In order to anticipate private sector investment and to address employment and consumption in rural India, the budget places a strong emphasis on the development of roads, shipping, and railways.
India, it is estimated, needs to invest US$ 840 billion over the next 15 years into urban infrastructure to meet the needs of its fast-growing population. This investment will only be rational as well as sustainable, if we additionally focus on long-term maintenance and strength of our buildings, bridges, ports, and airports.
AESTHETIK ENGINEERS LIMITED STRENGTHS
1. Experienced promoter, management and employees
2. Dedicated Logistical Solutions
3. Consistency in Quality and Service Standards
4. Advance machineries and product technologies
5. Stable customer base
AESTHETIK ENGINEERS LIMITED STRATEGIES
1. Improve operational efficiency
2. Capitalize the opportunity in the solar and construction industry
3. Expand their geographical network
4. Focus on consistently meeting quality standards
AESTHETIK ENGINEERS LIMITED RISK FACTORS & CONCERNS
1. Their certain projects require the product and services of third parties, including suppliers and subcontractors.
2. Their Company operation and growth is dependent upon successfully implementation their business strategies.
3. Significant portion of their revenue has been generated from state of West Bengal.
4. Some of their projects are secured through meeting specific pre-qualification standards and competitive bidding.
5. Their top ten customers contribute significant portion of their revenues during the current and previous financial years.
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