India’s building control and energy efficiency market are estimated to touch USD 2 billion a year with a compound annual growth rate (CAGR) of 12 per cent over the next three years, according to buildings technology start-up 75F.
The US-based building intelligence solutions provider is opening an office in Delhi soon, its fourth office in India. Currently, the firm has engineering, product development and sales hub in Bengaluru, as well as sales and support services offices in Chennai and Mumbai.
“We are well established in India and now expanding into the Southeast Asian and Chinese markets,” 75F India Country President Gaurav Burman said on Sunday after signing a distribution agreement with Singapore Power for the markets. The agreement was signed on December 6.
