Exchange of information within and between construction lifecycle stages is the lifeblood of any construction project. Information sources are distributive, iterative, colossal and incrementally evolving with differing stakeholders during different stages of the project lifecycle. Failure to manage this is common and leads to inefficient project delivery.
These issues are global, and the India..
This year, the months of April and May were a washout from the concrete business perspective. During the lockdown, forecasters predicted that demand for concrete would dip substantially year on year, possibly up to 25 per cent.In June-July, some activity resumed but business was subdued because a lot of sites were closed as migrant labour was una..
The COVID-19 pandemic has disrupted the world on an unprecedented scale. As the virus spread across continents, the pandemic has had a devastating impact on people, countries, economies and businesses.
According to a report by Bain & Company, the US-China trade war (since 2018) has led to a 15 per cent drop in share price and $ 1 billion erosion in the market cap of a global computer maker..
Photo courtesy: Schueco
With the real-estate segment badly hit by the pandemic, demand for architectural products—including fenestrations and façades—has slumped too.
“Sales are down; all we are seeing is queries from architects and developers for their upcoming projects,” shares Rajiv Balaggan, Sales Head, Architectural Glass India, Pilkington Glass India.
“The building mate..
The world is in the throes of the fourth industrial revolution, driven by the convergence of the physical and digital worlds(machine learning, robotics, artificial intelligence or AI, etc). While India still has to cover significant ground compared to the developed world, technology is now fundamentally changing the way its citizens live and work. In India, the construction industry is an importan..
Photo: For representational purpose
“Property and law are born together and die together. Before laws were made there was no property; take away law, and property ceases.”
For the Indian economy to retain its momentum, it is necessary to have infrastructure in place in terms of fundamental facilities and systems to serve the country. For this, state backing is required, whic..