The?facility management market in India has witnessed a strong growth over the recent decades, and the top facility management companies in India are dominating the market. To know more about the drivers and trends contributing to the growth of the facility management industry in India, as well as the leading facility management companies in India, check out Technavio’s latest market report?Facility Management Services Market in India 2018-2022, or request for a?FREE SAMPLE of Facility Management Services Market in India
What is Facility Management?
Facility management is an organizational function that enhances the quality of life and improves the productivity of the core business by integrating people, place, process and technology within the facility. It involves the maintenance of property, buildings, equipment and optimization of inventory and other operational elements. Facility management companies also need to comply with government regulations to ensure safe working conditions. Facility managers use facility management software to ensure efficient operation, cost savings and improve productivity.
Facility Management Market In India
The facilities management market has a huge growth potential in India. With 75% of the market yet to be tapped, facility management companies in India need to expand their business and reach out to more companies. The facility management industry in India is expected to register an incremental growth close to USD 15 billion by 2022 and grow at a CAGR of nearly 18%. The development of SEZ’s and mega food parks is expected to be the prime factor responsible for the high growth rate. To reap the benefits of this prospering industry, facility management companies in India are adding value to their services by integrating technologies such as automation, artificial intelligence and data monitoring.
Top 10 Facility Management Companies in India 2018
CB Richard Ellis
Headquarters: Los Angeles, California
CBRE Group, Inc. is a Fortune 500 company offering a wide range of services including facilities management, transaction and project management, property management, investment management, appraisal and valuation, property leasing, strategic consulting, property sales, mortgage services and development services. It is one of the leading facility management companies in India with over 8,000 professionals present in over 80 cities. By combining broad services, specialized expertise and premier tools and resources, CBRE facility management enhances the workplace environment and reduces operating expenses. The company uses proprietary technology including CMMS (computerized maintenance management system) to improve the efficiency of facility management services.
Jones Lang LaSalle
Headquarters: Chicago, Illinois, USA
Jones Lang LaSalle (JLL) is another Fortune 500 company and is the second largest publicly traded commercial real estate brokerage firm in the world, after CBRE Group. JLL is one of the top integrated facility management companies in India with over 10,000 staff across 10 cities. The company offers customized integrated facility management solutions to suit the client’s needs. JLL facility management delivers services such as engineering services, soft services, workplace solutions and space/occupancy services through dedicated on-sit?e teams backed by a regional best practices platform.
Cushman & Wakefield
Headquarters: London, U.K
Facility services is provided by Cushman & Wakefield through its sister company, C&W Services. The company provides safe, efficient and cost-effective work environments to workplaces ranging from critical facilities and corporate headquarters to industrial, manufacturing and R&D sites. C&W facilities management uses cutting edge technology and its extensive industry knowledge to increase the client’s operational efficiencies. The company also helps in achieving financial goals by identifying specific facilities and expense categories that yield the greatest cost savings. FM services offered by the company include critical systems management, engineering and maintenance services, housekeeping and janitorial services, staff optimization and development, security services and budget and finance management.
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Headquarters: London, U.K and Haryana, India
Tenon Group is one of the fastest growing integrated security and facility management service provider in India with over 55,000 employees, spread across more than 70 branches and servicing over 2,000 corporates. Tenon FM offers several facility management services including cleaning and hygiene maintenance, commercial and office facility management, predictive mechanical and electrical maintenance services, HVAC management, and AMC (Annual Maintenance Contract) services. The company provides clients with real time management information by using computer aided facilities management (CAFM) system. Tenon Group intends to expand current business operations, develop its facility management services and enhance the company’s self-performing capabilities in the future to become the best facility management company in India.
Quess (Avon FMS)
Headquarters: Bengaluru, India
Quess Corp. Limited is a leading facility management provider offering services such as janitorial services, electro-mechanical services, pest control, and food and hospitality services under the brand names Avon and Aravon. Avon FMS has 22,000+ employees, spread over 33 offices across 22 cities in India. The company constantly monitors their services and improves them through implementation of management processes, training and skill development of their workforce. The company emphasizes on customer satisfaction by having a fully integrated customer complaint management process to address client grievances and ensure quick resolution within 24 hours.
Headquarters: Chennai, Tamil Nadu
Updater Services Limited (UDS) is among the top ten integrated facility management companies in India with over 40,000 employees spread across the country. UDS utilizes the latest computer aided facilities management systems and integrated packages in SAP to deliver high service levels, operational efficiency and continuous improvement. By reducing down time and operating costs, the company helps its clients to maximize revenues. Efficiency, heath, safety and environment, risk management, and cost benefits to the facility is taken into consideration while providing hard services. UDS offers its facility management solutions across industries including airports, highways, IT/ITES and business parks, manufacturing, BFSI, warehousing and retail, hospitality, FMCG and manufacturing.
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Bharat Vikas Group
Headquarters: Pune, Maharashtra
Bharat Vikas group (BVG) is one of the largest integrated services companies with over 75000 employees, serving 800+ sites for more than 750 customers in 70 cities. The company follows the philosophy of ‘Your Non-Core Work is Our Core Work’, thereby allowing its customers to focus on main business activities. The company specializes in offering a wide spectrum of services including integrated services, total facility management, mechanized housekeeping, shop floor cleaning, paint shop maintenance, production support, airport maintenance and railway coach and station cleaning. BVG India Ltd. are pioneers of mechanized housekeeping and uses a combination of man a and machines to provide the best housekeeping service.
ISS Facility Services
Headquarters: Copenhagen, Denmark
ISS Facility Services provides clients with a wide range of self-performed integrated facility management solutions. The company facilitates the efficiency and productivity of businesses by allowing them to focus on core business processes while it takes care of the non-core jobs. Integrated facility services offered by ISS complies with all health, safety and environmental regulations and follows all local labor norms and laws. To offer seamless service, the company provides experienced account managers who act as a single point of contact from initial setup to day-to-day service operations.
CLR Facility Services
Headquarters: Pune, Maharashtra
With over 12,000 employees, spread over 14+ branches, across 80+ cities, CLR Facility Services has made rapid strides to become one of the top ten facility management companies in India. It is a company offering world class integrated facility management services to local markets. It provides a wide range of services including soft services, technical services, business support services, specialized cleaning services and specialized pharmaceutical services. CLR Facility Services offers its services to more than 330 clients covering a wide range of industries such as textiles and garments, food processing, electronics and hardware, building and construction, and chemicals and pharmaceuticals.
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Orion Facility Management Services
Headquarters: Shahpur Jat, New Delhi
Orion Group of companies provides their facility management services under the business name Noiro Facilities Management Pvt. Ltd. The company has a workforce strength of over 3,500 employees working for over 110 customers across India. It has sustained a high year-on-year growth for the last three years and has grown to be one of the leading facility management service company in India.? Noiro FM services ensures that their clients receive the best service by deploying teams comprising of highly skilled personnel. The services provided by the company include critical systems management, HVAC, electrical, fire systems, sewage treatment, utilities management, industrial housekeeping and waste water management.
More information about the top Facility Management Companies in India can be found in this following market report: