IFC, GBPN, Smarter Dharma Launch Green Materials Platform

09 Mar 2026 CW Team

The International Finance Corporation (IFC), Global Buildings Performance Network (GBPN) and Smarter Dharma have collaborated to launch the Marketplace for Green Equipment and Materials (MGEM), a digital platform aimed at improving access to verified sustainable construction materials in India.

The platform is designed to help builders, developers and contractors discover, compare and verify green materials through structured data on performance, cost transparency and local availability. The initiative aims to address the growing demand for sustainable construction as development expands across Tier 2 and Tier 3 cities.

MGEM is a multilingual and location-aware platform that also integrates with Housing Finance Companies to enable faster validation of green eligibility and smoother access to green finance, linking procurement decisions with financing pathways.

Smarter Dharma is responsible for the platform’s technology architecture and execution, while GBPN is leading institutional engagement and policy alignment.

Sriram Kuchimanchi, Founder and CEO, Smarter Dharma, said the platform is designed to improve access to trusted, low-impact materials and support decarbonisation in India’s building sector.

The pilot phase will be launched across 12 cities in three states, with plans for a nationwide rollout by the end of the year.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..