To stay competitive, companies have to be on their toes to cope up with integration of new technologies and sustain it in the long run, says Amit Gupta, CEO, Essar Projects (Hydrocarbons),
Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?
Essar Pipelines and Terminals recently completed a 48-inch, 330 km high-pressure gas pipeline for GAIL, probably the longest large diameter pipeline that any contractor in India has done. The pipeline extends from Vijaipur in Madhya Pradesh to Dadri near Delhi.