Recently, real estate firm Vaishnavi Group said it has tied up with Katerra for a large mid-income housing project in Yelahanka, north Bengaluru, to speed up pace of construction and for maximising efficiency of space. According to the statement by Vaishnavi Group, the implementation of Katerra’s integrated offsite manufacturing technology and the concept of DfMA (Design for manufacturing and assembly) ensures:
- 50% faster completion time.
- 90% factory-finished elements including all in-built mechanical, electrical, plumbing services.
- 100% offsite manufactured bathroom pods dropped onsite for easy plug and play.
- Close to 40% reduction in pollution through minimised vehicular movement.
- Close to 29% material conservation, water saved through steam curing, design efficiency and factory planning to reduce material usage.
Earlier, Katerra tied up with the Embassy Group for the latter’s 1.6 million sq. ft commercial office building in Embassy Tech Village. Both Embassy and Vaishnavi projects will be factory-made at Katerra’s offsite manufacturing facility in Krishnagiri.
SoftBank-funded construction technology startup Katerra Inc. plans to ramp up operations in India, eyeing opportunities in the commercial office, retail and hospitality sectors. The US-based company thrives on construction technologies that are faster than traditional methods, and has a turnkey approach where it implements integrated offsite manufacturing technology and the concept of DfMA (Design for manufacturing and assembly) for projects.
The Silicon Valley startup entered India in 2018 after acquiring KEF Infrastructure. It has invested close to $250 million in the country so far. Katerra took over KEF’s offsite manufacturing plant in Krishnagiri, Tamil Nadu and has a captive plant in Lucknow for the Lulu mall project. It is building a second offsite manufacturing plant in Hyderabad with an investment of around $100 million and another factory in Maharashtra in the next six months and one in the National Capital Region in the next 18 months. By 2020-end, Katerra will have the capacity to build 30 million sq. ft a year in India. It currently has 40 projects in its portfolio.