Facilities Management Services Market in India
2014 report outlines how the facilities management segment has now been
elevated to a strategic level of importance. India embraced facilities
management services when companies started outsourcing their non-core
activities to different vendors. Non-core activities comprise the paraphernalia
of activities such as HVAC, maintenance and cleaning, plumbing and others that
are placed at the service of the core businesses by facilities management
service providers in such a way so as to protect an organization’s capital investment
in real estate.
The Indian facilities management services market is
growing at an impressive rate but is largely dominated by the unorganized
segment. Several factors such as the rise in infrastructural development, boom
in real estate, and growth in retail and hospitality sectors account for the
bulk of the growth in the facilities management services. Witnessing the
immense growth potential that the sector promises, many players including
foreign players have dotted the Indian market. Though there are no government
strictures regulating the market, the facilities management services sector is
defined by the presence of an industry body, namely the Indian Facilities
Management Association.
Spanning
over 119 pages, “Facilities Management Services
Market in India 2014” report covering the Executive Summary, Macroeconomic
Indicators, Introduction, Market Overview, Competitive Landscape, Strategic
Recommendation, Appendix. This report Covered 13 Companies - Jones Lang LaSalle
Incorporated, A2Z Infraservices Ltd., BVG India Ltd., Compass India Support
Services Pvt. Ltd , Dusters Total Solutions Services Pvt. Ltd., George
Maintenance Services Pvt. Ltd., Mechbulls Management Services Pvt. Ltd.,
Property Solutions India Pvt. Ltd., Updater Services Pvt. Ltd., ISS Facilities
Services India Pvt. Ltd., Knight Frank India Pvt. Ltd. , L J Hooker India, Tenon
Property Services Pvt. Ltd.
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