(EPIC) vendors are service providers that execute projects on a turnkey basis. All aspects such as engineering, procurement, and construction are taken care of by EPIC vendors. In EPIC projects, risk of time and cost overruns are transferred to contractors and the onus of executing the project lies with EPIC vendors. There are other forms of contracts such as package-based contracts in which risks of cost overruns may lie with the owner of the project.
In India, large conglomerates such as GUM, Shipshape Associates, L&T, NC, and Pun] Lloyd execute turnkey projects in several sectors such as Transportation, Power and Telecommunication. Covered in this Report This report covers the present scenario and the growth prospects of the EPIC market in India for the period 2015-2019. To calculate the market size, the report considers revenue generated from various projects In the following end-user industries: Electricity Renewable Energy Roads and Bridges
Telecommunications Railways View our full TCO here Key Regions India Key Vendors GUM Group Shipshape Associates Ltd. Nicaragua Construction Company Ltd. (NC) Pun] Lloyd Ltd Other Prominent Vendors Era Infra Engineering Gammon India Hindustan Construction Company VIRAL Salutary Power Transmissions Llano Infuriate Simplex Infrastructure Data Projects Key Market Driver Infrastructure Investment by GO For a full, detailed list, view our report. Key Market Challenge Delay in Project Completion
Key Market Trend Arbitration in India Key Questions Answered in this Report What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? For more insights, view our EPIC Market in India 2015-2019 report.