Organized by Elematic Oyj, a global leader in precast concrete technology from Finland, with support of Jindal Steel and numerous partners, the second edition of Precast Academy 2026 continues to shape the future of India’s urban infrastructure with smarter, faster, and more sustainable construction solutions.
A shared vision for a new era of construction
Opening the Delhi session, Ambassador Kimmo Lähdevirta of the Embassy of Finland in New Delhi, highlighted the shared opportunity between India and Finland in leading sustainable innovation:
“India represents one of the world’s most dynamic construction markets. Finnish companies bring decades of experience in industrialized precast construction — where over 95% of new buildings in Finland are now built with precast methods. Collaboration between our nations can play a key role in realizing India’s vision for sustainable, high-quality urban growth.”
Teppo Voutilainen, CEO of Elematic Oyj, emphasized India’s pivotal role in redefining modern construction:
“India’s urban transformation is extraordinary. By adopting industrialized construction technologies, such as precast, the nation can deliver housing and infrastructure at an unprecedented scale while cutting construction time by 50%, costs by 30%, and carbon emissions. Automation and digitalization will be critical to solving labor challenges and delivering sustainable growth.”
Transforming construction together in Precast Academy in Delhi – highlights:
- Megaproject case studies demonstrated how precast is transforming largescale commercial and residential developments, with realworld insights from My Home Construction and Suraksha Smart City on speed, sustainability, and scale.
- Philip Winckel of Hendriks Formwork Solutions shared insights into tunnel formwork and hybrid construction for 30–100-storey buildings. Industrialized, modular solutions and standardized construction systems were discussed by Jussi Aho, Vakio by Flow Systems, highlighting how repeatability and precision improve quality and speed.
- Innovation sessions across the construction value chain highlighted composite buildings, partition walls, modular interiors, and designforprecast solutions, featuring Jindal Smart Building, Mahesh Prefab, Puustelli, and SPA Design.
- Technology as an enabler of change was showcased through solutions for precast manufacturing, material handling, BIM, and structural systems, presented by Aquarius, ElectroMech, Trimble, and Peikko.
India’s construction need for efficiency and sustainability
India’s cities, home to about 35% of the population and generating nearly 70% of GDP, are expanding faster than ever. With the urban population expected to reach 50% (around 840 million people) by 2050, the demand for infrastructure is immense.
That urgency, according to Shridhar Rao, Sales Director, Elematic India, makes the adoption of precast construction an essential step:
“We have been working alongside India’s builders and precasters for over 15 years, and the message is clear: efficiency and sustainability must go hand in hand. The Precast Academy is about bringing together Indian builders and global experts to share realworld experience. By industrializing construction, we can deliver affordable housing, resilient infrastructure, and sustainable cities at the speed India needs.”
About Elematic in India
Elematic Oyj, headquartered in Finland, is a world leader in precast concrete technology with over 65 years of experience. The company delivers machinery, automation, software, and services covering the entire precast value chain, helping customers improve productivity, sustainability, and profitability.
India is one of Elematic’s fastest growing markets. The company has been active in India since 2008 and operates a manufacturing facility in Alwar, Rajasthan, established in 2014. In 2025, Elematic expanded this facility, reinforcing its long-term commitment to India’s transition toward industrialized and sustainable construction.
Elematic acquired the precast business of Vollert Anlagenbau GmbHl in December 2025. In addition, Vollert’s Indian subsidiary Vollert India Pvt Ltd was acquired through a share deal finalized on February 16, 2026, significantly expanding Elematic’s footprint in fast growing Indian precast market.
More information:
Laura Hinkkanen,
Global Head of Marketing & Communications
laura.hinkkanen@elematic.com
About Elematic
Elematic Oyj is a global leader in precast concrete technology, with over 65 years of experience. The company designs, manufactures, and supplies high-quality machinery, equipment, automation solutions, software, and services for the precast concrete industry. Elematic’s technology has enabled hundreds of thousands of building projects across more than 100 countries, with customers on all continents. In 2025, the company reported net sales of EUR 66 million, with 95% coming from exports. Currently, Elematic employs over 350 professionals worldwide.