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Industry Leader MV Satish Calls for More Precast Provisions in Tenders
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News Analysis IndiaReporter
October 8, 2026
05:55 PM
Precast concrete has emerged as a focal point of CFI’s recent advocacy. Satish highlighted that earlier discussions with the Ministry led to the incorporation of specific precast clauses in public procurement guidelines. This policy change is expected to accelerate project timelines, reduce waste, and lower overall costs for developers.
The president urged further refinement of these clauses, suggesting a standardized rating system for precast quality and mandatory certification for suppliers. Such measures, he argued, would boost confidence among contractors and attract foreign investment in the modular construction segment.
