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Nova Formworks unveils expansion plans, to set up new manufacturing units



Construction company Nova Formworks on Wednesday unveiled its vision for growth and development until the year 2025 by launching new products, establishing new manufacturing units, distribution centers, and offices across strategic locations.

According to a statement Nova Formworks has been working on the creation of a complete plastic monolithic formwork system. To support this endeavour, the company is actively developing new moulds and products that will simplify construction processes, particularly in the monolithic construction segments. The company says this innovative approach promises to usher in a new era of efficiency and sustainability within the construction industry.

Furthermore, Nova Formworks is on the lookout for potential rental partners to collaborate with and expand their reach in the market. Their recently introduced deck system for slabs, designed for use with or without drop heads, has already garnered significant attention and interest from industry professionals.

“Our vision for the future of the construction industry is one of endless opportunities and exciting challenges. We see a landscape where sustainable practices, technological advancements, and collaboration will shape the way we build. While there will be challenges along the way, it is through these challenges that we will discover new solutions and pave the path towards a more efficient, sustainable, and inclusive construction sector. At Nova Formworks, we are committed to being at the forefront of this transformation, creating a brighter future for our industry and the communities we serve,” said Vikas Mittal, Managing Director, Nova Formworks in a statement.

In addition to these developments, Nova Formworks is currently focusing on the creation of a climbing formwork system. This initiative is poised to redefine vertical construction methods, bringing unprecedented convenience and effectiveness to builders and contractors.

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As part of its expansion plans, Nova Formworks intends to establish new manufacturing units, distribution centers, and offices across strategic locations. The company is also actively seeking rental partners and dealers to join its growing network. This expansion initiative is expected to generate numerous job opportunities for both skilled and unskilled workers, bolstering local employment rates and contributing to economic growth in the areas they operate.Nova Formworks says it is also looking to foster partnerships with local suppliers and service providers, thereby invigorating local businesses and enhancing their competitiveness. “This multifaceted approach will not only lead to a robust supply chain but also create more job opportunities in these regions, ultimately benefiting local communities and promoting economic growth. Moreover, Nova Formworks is passionate about giving back to society,” the release said.

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