Bootes Impex Tech Ltd. is presented as India's first net-zero engineering company leading the transformation of the construction industry with innovative and sustainable technology. Established in 2021, Bootes deploys state-of-the-art net-zero design and standardized processes, resulting in efficient project delivery. Bootes has strategic partnerships with URBS, Generic, Univastu India Limited and I'Iuse. By March 2025, the company is set to complete construction of its first sustainable cold storage facility in Rewari. They have partnered with Danazir Wealth Management (DWM) to launch India's first net-zero real estate fund, targeting Rs 1,000 crore. In May 2024, Bootes and CargoPeople entered a joint venture for Net-Zero Cold Storage. In July of 2024, Generic Engineering Construction and Projects Limited (GECPL) and Bootes announced a joint venture to expand private projects. The company's mission involves creating a compelling Engineering and Construction company for the 21st century, accelerating India's transition to a Net-Zero and Aatmanirbhar future.
The presentation highlights global megatrends, including climate change, population growth, political attention towards sustainability, sustainable construction solutions, urbanization, and the need to align with the UN's Agenda 2030 for Sustainable Development. Bootes is strategically positioned to capitalize on these megatrends for new growth and profit drivers. Their strategic direction involves becoming a global leader in net-zero carbon building technologies by 2030. This includes proprietary energy-efficient technologies, net-zero infrastructure technologies, sustainable construction practices, and EPC services. Key technologies include the Ecoloo toilet, radiant cooling, and AI-powered smart grids. Bootes utilizes software like LOD 500 and Revit for detailed design and construction.
The company's strategy will be met by indigenizing global innovations and environmental technologies. Bootes focuses on heritage sustainability, decentralizing waste management systems, waste-to-resource circular bio-economy, and collaborative net-zero partnerships. The pursuit of net-zero buildings is motivated by the high CO2 emissions from the construction sector value chain. The company aligns with the UN 2030 agenda by focusing on water efficiency, indoor environmental quality, waste reduction, sustainable cities and communities, energy efficiency, industry innovation and infrastructure, eco-friendly material use, responsible consumption and production, and good health and well-being.
The presentation indicates significant growth in the net-zero energy buildings market, projecting an increase from $64.2 billion in 2025 to $270.1 billion by 2034. The company aims to capture a significant portion of this market, targeting $2 billion in revenue. Bootes' potential reach extends to India's climate-smart investment, estimated at $3.1 trillion by 2030, with green building investments comprising $1.4 trillion. The growth is fueled by India's sustainable development goals, aimed at achieving net-zero emissions by 2070. This involves transitioning to low-carbon energy sources, decarbonizing industries, promoting green mobility, developing sustainable infrastructure, and promoting sustainable agriculture.
The company is supported by government policies and regulations, such as the PM Gati Shakti plan, Production-Linked Incentive (PLI) Scheme, the smart cities mission, and the Green Building Policy. Bootes is innovating in net-zero technology solutions across water, waste, carbon, and energy to complement EPC services. This includes zero waste and liquid discharge systems, use of sustainable materials, cooling via hydronic systems, energy efficiency measures, and all-electric infrastructure using renewable energy. This is enabled by its goal to establish an R&D lab that will support net-zero product development with plans to tap into export markets.
The company is pioneering net-zero infrastructure with onsite net-zero buildings as a focus, is a leader in the Jhansi development as awarded the EDGE certification from IFC, a partnership with Univastu, and plans for developing sustainable technology through JV's to achieve repeatable and scalable profits. A global management team, a roadmap to achieve goals through net-zero operations, partnering, and R&D will help Bootes achieve scale. The company plans to go the IPO route for providing exit to its investors and shareholders. Bootes will focus on profitable growth and strong balance sheet to support new projects. Bootes’s current team boasts Deepak Rai as Managing Director, Manab Rakshit as Director Strategy, Oliver Pilapil as Chief Technical Officer, Imad Agi as Sustainability Head, and Vishal Agarwal as Director.
A cold storage and ambient facility warehousing currently in development is slated to open in 90 days in FY2026. The financial snapshot showcases the increasing order book with a visible project pipeline with increasing revenue to 3,828 Cr and an investment ask for Series A funding to expand and improve business production. Bootes can be valued at ₹3,500 Cr. based on FY2025 projections as it takes a conservative approach.
The presentation includes annexure slides detailing various projects, such as the Jhansi Library reconstruction, Shrimad Bhagwat Geeta Museum, and the Sri Lete Hanuman temple revamp.
