Page 60 - TCE Annual Report 2024-2025

Overview Leadership Messages Governance Strategic Insights Business Review People & Community

Service
Project Management

Consultancy Business Review

The Project Management Consultancy Business Unit (PMCBU) of Tata Consulting Engineers
continued to demonstrate its integral role in shaping India’s infrastructure and industrial
future. In a year marked by transformation and opportunity, the BU remained steadfast in its
commitment to engineering excellence, delivering results across diverse sectors while supporting
national priorities in digitalisation, sustainability, and manufacturing. PMCBU’s ability to provide
comprehensive Owner’s Engineer and Project Consultant (OEPC™) services at scale positioned it as
a trusted execution partner for high-impact initiatives in India and globally.

Industry Trends and Market Outlook
2024-25 Performance The project management consultancy (PMC) landscape
is evolving rapidly as infrastructure, industrial, and
Highlights energy projects grow in scale and complexity. Clients
are increasingly seeking end-to-end project oversight
to ensure that timelines, budgets, and quality standards
are consistently met. Globally and in India, there is a
greater emphasis on integrated delivery, risk-managed
execution, and sustainability-linked project planning.
27% share in total Several forces are shaping the future of PMC.
revenue
Governments and private investors alike are allocating
unprecedented capital to infrastructure modernisation,
energy transition, and manufacturing growth. This surge
is driving demand for specialist project management
services that can coordinate diverse stakeholders,
26% share in total manage risks, and ensure that strategic ambitions
acquisition
translate into on-ground success.
In India, public spending on infrastructure remains
robust, supported by national programmes such
as the Gati Shakti Master Plan, the Bharatmala and
2016 workforce on Sagarmala initiatives, and significant allocations for
renewable energy and smart cities. Across sectors, from
31st March 2025
transportation and water to defence and manufacturing,
there is a clear recognition that large-scale projects
cannot afford delays or inefficiencies.

27 crore worth value Globally, PMC services are being reshaped by
digitalisation and technology adoption. Digital twins,
engineering for customer
building information modelling (BIM), and AI-enabled
dashboards are transforming how projects are planned,
monitored, and delivered.

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