‘Demand for factory, store, home upkeep rises’

COVID curbs shifted our focus: SILA MD

Demand for facility management is seen rising in the industrial, warehousing and residential segments at a time when offices are yet to open fully due to the ongoing restrictions to prevent the spread of COVID-19, said a top company executive. “After the onset of the pandemic, we began focusing on the residential and industrial and warehousing segments to cater to the demand from these sectors,” said Sahil Vora, founder and MD, SILA, a realty platform. “We have been able to diversify our revenue mix as we crept back up to pre-COVID levels.” “Manufacturing, warehousing and residential segments now account for 55% of our facility management business. The percentage will rebalance once offices reopen; however we expect the demand from the industrial and residential sectors to stay strong,” he added.