Industry at a Glance
- Current : USD 3.3bn
- Current Volume : 1.15 bn sq ft
- Future : 25-30% Annual Growth
- All Sectors firing at the same time : Retail, Hospitality, IT, Telecom, BFSI, etc.
Industry Growth Drivers
- Expansion in the real estate sector-malls, hotels, residential complexes, offices
- Government's increasing engagement with private parties (Private participation preference and low recuritment by Govt.)
- Railways ever increasing thrust on passenger amenities
- 10% Organised sector.
- Multiple Players with many regional, small players
- Few National Players
- Organised client sector/FMS Service buyers increasingly looking for professional and organized FMS service provider.
- Some M&A activity happening in FMS space.
- FMS Market Leaders expanding their bouquet of services and presence across number of locations.