Prefab firm KEF Infra declares revenue of $150m in 2017
KEF Infra, a division of KEF Holdings, announced an annual revenue of $150m for the year 2017 during a press meeting held in India
KEF Infra, a division of KEF Holdings, announced an annual revenue of $150m for the year 2017 during a press meeting held in India.
The announcement was made on 18 January, 2018, during a media tour of the company’s offsite manufacturing facility KEF Infra One Industrial Park in Krishnagiri, Tamil Nadu in India.
The company also revealed plans to strengthen their portfolio by building the country’s first prefabricated mall in Lucknow, India.
Speaking to the media, Faizal E Kottikollon, founder and chairman of KEF Infra and KEF Holdings, said: “We are at exciting crossroads today, as we see a global wave of technology-led innovation that is changing the way we do business. Our operations underpin this ambition, to disrupt sectors through world-class technology that can deliver value more than ever before.
"In a short span of three years, KEF Infra has demonstrated our ability to bring world-class proficiency in design, engineering, manufacturing, assembly, and project management-all under roof, thereby, transforming the traditional construction industry by significantly reducing costs and increasing efficiencies.”
Since the launch of the 16ha KEF Infra One Industrial Park, the company has witnessed robust growth in its order book. The industrial park currently has a manufacturing capacity of 557,418m2 per annum.
Later during the sidelines, when asked about starting a manufacturing plant in the Middle East, Kottikollon said: “Yes, maybe next year. The core plant will be here. Whatever we cannot export, which is the precast components, we can tie up with Bahrain precast companies. We are more of a design and build company.”
Enunciating more on the advantages of offsite manufacturing over traditional methods, Kottikollon said: “Cost is reduced in prefabrication because of the reduction in time. Normally what happens in conventional construction is that we are dealing with 20 consultants.
"Each project if you look at the fire, electrical, air conditioning are all done by different people. Here we are eliminating all that. We use sophisticated software like Autodesk’s Revit, which also allow us to do all the clash detection.
"And we can have everything in-house. So that is one aspect of cost reduction. Second is the material wastage, there is only 2% wastage with offsite construction as opposed to 12% wastage in the traditional method.
In 2017, KEF Infra delivered the 37,161m2 Meitra Hospital (500 beds in two phases; 209 completed) in Kerala, India, within a record time of 18 months, and manufactured 175 public canteens and 20 kitchens for the Indira Canteens Project, in Karnataka, India.
KEF Infra is also delivering several specialised projects in bathroom pods, MEP, joinery, aluminium and glazing for clients like Sands Infra, Malabar Gold, Brigade, Mahindra, Bhartiya City, Leela and At One amongst others.
The Krishnagiri factory has specialised individual factory units for these with world-class technology and KEF Infra is expanding its offering to hotels, retail stores and other commercial units through these new offerings.