It is a historic move in the Indian Architecture sector where for the first time ever an Indian design firm has acquired an International design firm. The deal will redraw the architecture landscape in India as CP Kukreja Architects expand its operations and further focus on sustainable infrastructure with dbHMS' expertise. It will also give a massive boost to the firm's vision of environmental-friendly buildings in India. "The country is poised for unprecedented development in the years to come and it is important that the foundation of our work is based on sustainability and environmentally responsible design," said Dikshu C Kukreja, Managing Principal, C P Kukreja Architects.
According to the Department of Industrial Policy and Promotion (DIPP), the overall Foreign Direct Investment (FDI) received in Construction Development sector between April 2000 and June 2018 was around $25 billion. The Infrastructure sector plays a pivotal role in the Indian economy and through carefully designed Government initiatives can immensely contribute to the country's overall development.
CPKA has been contributing to the field of architecture and design for almost 50 years. Its multi-disciplinary approach is behind the creation of some of the most iconic buildings across the globe. The firm has been consistently ranked amongst the top 100 design firms in the world and the top 10 in Asia. dbHMS, known to be one of the most innovative engineering firms in the world, started operations in India from 2010 and was a part of many prestigious projects.
