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Thanks to ‘Make in India’, Turner expects 25% sales from here by 2018

Sunday, 26 July,Mumbai: Global consultancy and project management firm Turner is eyeing nearly 25% of its total sales from India operations in the next 3 years.

“In India, the concept of project management has still not penetrated in the real estate and related sectors. But with the ‘Make in India’ and digitalization programmes, the sector players are seriously considering the concept and we are getting many proposals,” Turner Project Management India Managing Director Jairam Panch told PTI here.

“With our presence growing, I expect India to contribute nearly 25% of total sales,” he added. At present, India’s share in its total sales is nearly 15%.

Turner, which entered India in 2007, is currently managing nearly 14 million square feet of projects by developers like Piramal Realty, Hirco, DLF, Tata Housing, Reliance, Neptune Orbit Corporation, Lodha, Sofitel among others.

It is also assisting the Gujarat government in building the 182-metre-tall statue of Sardar Vallabhbhai Patel – Statue of Unity.

He said, due to the ‘Make in India’ programme, not only domestic but foreign firms also want to set up manufacturing facilities here.

“With our competency in building projects, we see this as a huge growth opportunity. Considering the opportunity, we expect to manage up to 25 million square feet in the next three years,” Panch said.

The company not only wants to strengthen its presence in India but also develop it as a hub for its Asian operations, he said.

Panch further added the company also wants to double its head count over the period from 150 to over 300.

“We want to improve our competency and so we will be focusing on innovation and adding the right management team. We will also be working on spreading awareness about importance of project management today,” he added.

Turner currently has presence in markets like Hyderabad, Chennai, Gujarat, New Delhi and Mumbai and will add Bengaluru this fiscal.