- Indian façade industry worth INR 15,000 Cr, growing 20% annually; global façade market to reach USD 340 billion by 2024
- Fenestration and curtain wall industry pegged at INR 10,000 Cr – 65% share by fenestration, 35% by curtain walls
- Sustainable, eco-friendly façade products now an industry imperative
New Delhi, 22 February 2019: Sustainable and eco-friendly façade developments focused on energy conservation and reduced dependency on fossil fuels are the new imperative of the rapidly-growing façade and fenestration industry, states ANAROCK’s Fenestration Industry Report.
The report, in association with World of Fenestration, was released at the World of Fenestration 2019 event in New Delhi today.
Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants says, “Rapid real estate and infrastructure development in India directly impact the demand for façade and fenestration products, particularly in office spaces. Our cities are going increasingly vertical, and vertical development created heat islands which environmentally unfriendly products exacerbate. Moreover, eco-friendly façade and fenestration products promote officegoers’ wellbeing and productivity.”
“The quest for creating iconic office structures plays heavily on façades and fenestration to evoke a modern aesthetic ethos.