
Banking on Success with TSI Global Project's Global Sourcing
17 Dec 2009
India’s leading private sector bank ICICI nears completion in Hyderabad While most of the news in recent months concerning banks and banking has been to say the least, depressing, it is uplifting to report the successful outcome of TSI Global Projects' global multi-sourcing activities for an ICICI Bank project in India. In 2008, since when things have moved on at a relatively fast pace, 10,000 tonnes of structural sections and 162,000 square metres of ComFlor 80 have been delivered to site in the financial district of Hyderabad from as far apart as Dubai and New Zealand.
While much of the news in recent months concerning banks and banking has been less positive, it is uplifting to report the successful outcome of Tata Steel International’s Global Projects' multi-sourcing activities for an ICICI Bank project in India. A total of 10,000 tonnes of structural sections and 162,000 square metres of ComFlor 80 have been delivered to site in the financial district of Hyderabad from as far apart as Dubai and New Zealand.
Bringing us up to date on the progress of the project, which on completion will be the largest steel framed building in India, Technical Commercial Manager, Richard Lankshear reminds us of market conditions at the time of placement of the order and how Global Projects were able to respond by mobilising their resources to best effect. He comments:
“Because of the spread and comprehensive nature of our front end planning, from the outset the project went smoothly. We undertook detailed fabrication drawings in conjunction with the contractors and Consulting Engineers, Sterling Engineering, to ensure that the material could be installed to an efficient programme with almost zero wastage on site. This greatly helped to speed up the construction of the building.
By March 2009 construction had reached the fourteenth floor. There will be seventeen floors in total. The customers have reacted very well. The use of steel in construction is still in relatively early days within India. The contractor has said that if he could do the project (ICICI), again he would be looking to construct the lift core also from steel columns.”

