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FABTECH TECHNOLOGIES Established in 1999, Fabtech is a hi-tech enginnering and infrastructure company designing and offering innovative building (so far internal construction) and containment solutions to pharma and biotech industry.
Company has a mission to make things simple (technology development for simplifying things is not easy), company has introduced revolutionary yet simple solutions to the industry, which is developed and manufactured in-house in state of art manufacturing facilities over the last eight years.
It is one of the leading manufacturer of pre-engineered, pre-fabricated modular partitions/panels and doors for building infrastructure. Recently diversified into manufacturing of value engineered and economical internal panels, sold under brand ‘Fabtec Lite’ for non-pharma end markets.
The Company also designs, fabricates, integrates, installs and services highly technical custom built Isolation/Containment Systems for pharmaceutical and biotech industry and is preparing for nuclear applications.
Modular inner construction for pharma and non pharma application (replacing brick and mortar) and containment solutions for hi-tech drug production i.e. cytotoxics, nuclear medicine, biomedicines (import substitute) are the products, company has successfully introduced in the market against stiff mindset.
In order to broaden its revenue base, company plans to undertake construction of outer boxes along with inner construction (beginning with pharma and biotech sector), It has entered into a technical joint venture with Philippines based Sterling Construction and Developments Pvt. Ltd. to manufacture its patented building system “Plaswall” which is hugely successful in Australia, Philippines and Qatar.
Company has a strong presence in the overseas markets such as Middle East, Afro-Arab, Ukraine etc, by providing complete turnkey solutions to its customers. The company has recently tied up with panel manufacturers in US and Europe to expand geographical reach.
Export revenues estimated to account for ~33% of total revenue in FY09.
Company has a total employee strength of 308 people including strong engineering and design team of about 32 engineers.
The Company has following certification and approval for its modular panels:
- Only company in India to have Part 22 Warrington Fire certificate.
- Only company in India to have BRI, Portugal certification.
- Approved vendor by Defense.
Key customers includes reputed companies likePFIZER, RANBAXY, AUROBINDO, RELIANCE, LUPIN, STRIDES, among others in pharma and BOSCH, VOLKSWAGEN, COLGATE for non pharma.
Furthermore in a short period of time, the Company has been able to successfully acquire some large customers such as Sandoz, Strides, Dr Reddy’s, Panacea Biotech, Ranbaxy, etc for both its Isolation systems and modular panels for non-pharma.
To penetrate the developed markets like Europe and US, the Company is entering into several marketing alliances with various panel and equipment manufacturing companies to sell and promote each other products in the respective geographies.
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