Mr. Rakesh Verma

After a very long lean phase, the EPC industry has picked up and there are lot of projects that are happening or are at different phases of planning & execution. If one looks at the data, most of the projects run in cost and time overruns. Further, risk for the EPC players increases with the scale and complexity of the project. Though the industry is using digital tools in the stage of engineering design, by adopting these in procurement & construction to improve efficiencies, the industry can reduce the risks to a great extent.