Nemetschek Group enters India, aims to capture 15-20percentage AEC market in next 2-3 years
16th July 2024 – The Nemetschek Group, a leading global provider of software solutions for the AEC/O and media industries, inaugurated its Mumbai office today. The launch event, titled ‘Architecting India’s Future,’ was held at the iconic Taj Mahal Palace in Mumbai, marking a significant milestone in the company’s global expansion strategy. The event was attended by key industry leaders and over 150 delegates who participated in visionary discussions.
The event was followed by the signing of a Memorandum of Understanding (MoU) between the Nemetschek Group and JJ College of Architecture in Mumbai. This partnership aims to foster innovation and skill development in the Indian architecture sector, aligning with the government’s Skill Development Program.
Nemetschek India is set to transform the Indian AEC landscape with a comprehensive market entry strategy. The company has structured its offerings into three segments—Conceptualize, Design, and Execute. Architects, landscape and interior designers, engineering design consultants, and project management companies as well as contractors, can choose between different product bundles, for example basic, plus, professional, or complete, each tailored to meet their specific needs. The Design segment also offers a package for Bridge & Precast. Nirmalya Chatterjee, Country VP, Nemetschek Group – Indian Subcontinent, emphasized the strategic importance of entering the Indian market at this juncture. “India’s construction market is poised for exponential growth, projected to become the third largest globally by 2025. Our solutions are already recognized here, and now, by engaging directly with enterprise-level customers and expanding our network of channel partners, we aim to elevate the industry standards.”
Yves Padrines, CEO of the Nemetschek Group, highlighted the broader vision for Nemetschek in India. “With a large number of construction projects, including around 9,500 National Infrastructure Pipeline (NIP) projects and a booming real estate market, India represents a significant opportunity for us. Our advanced BIM tools and integrated platforms will streamline workflows, reduce project timelines, and promote sustainability. Launching an office in Mumbai today, in addition to our R&D center in Hyderabad, reflects our commitment to continuous innovation and support for the local industry. We are here to build long-term relationships and contribute to India’s building industry and infrastructural development.”
Nemetschek India will collaborate with local firms and educational institutions to nurture talent and drive innovation. The company plans to engage with local stakeholders through bespoke marketing campaigns, training sessions, and workshops. By continuously seeking stakeholder feedback, it aims to effectively adapt its strategies to meet local needs and market changes.
Committed to promoting sustainability and corporate social responsibility (CSR), the company will provide software for energy-efficient and eco-friendly designs, conduct workshops on sustainable construction practices, and partner with communities for sustainable development projects. Additionally, it will support local charities and non-profits, encouraging employee participation in volunteering activities.
The group’s positioning in the Indian market marks a noteworthy step towards driving digitalization across the building lifecycle. With a focus on leveraging innovative solutions and an ethical approach to AI, the company aims to revolutionize the Indian AEC industry.