+
NAREDCO supports Construction Technology Year, initiates iDAC
Real Estate

NAREDCO supports Construction Technology Year, initiates iDAC

Apex real estate body NAREDCO, along with Nova Exhibitions & Conferences, has introduced iDAC, an initiative in lines with our Prime Minister Narendra Modi’s vision of coining the year April 2019-March 2020 as the ‘year of construction technology’. The three-day exhibition commenced on March 8, 2019, in Mumbai, in the best interest to showcase the technological advancements in the Indian construction and real estate industry. The exhibition was inaugurated by Rajan Bandelkar, President, NAREDCO Maharashtra, and witnessed the presence of some of the key movers and shakers of the industry, including Gopal Kabra, Managing Director, RR Kabel; Manju Yagnik, Vice Chairperson, Nahar Group; Vilas Avchat, Vice President, Indian Institute of Architects; Gurmeet Singh, Vice Chairman, IGBC; and other stakeholders of the fraternity.

iDAC is a platform to showcase, network and exchange industry knowledge advancement in the industry, for the industry, thus keeping an eye on current market affairs, issues and trends. The exhibition is targetted towards the key government authorities, developers, architects and designers, civil and structural engineers, consultants-contractors and MEP professionals. iDAC will cover the entire gamut of materials and technologies involved in every phase of construction through its multi city travelling discussion forum and a mega exhibition in Mumbai.

Speaking on the occasion, Rajan Bandelkar, President, NAREDCO Maharashtra, said, “We are optimistic to convert concealed challenges into opportunities that are affecting the real-estate industry. The key focus would be to improve the technology and bring-in new techniques in the construction sector as our Prime Minister has discussed topics like urban challenges, ensuring livability and desirability of affordable housing, skill development in the construction sector, enabling the eco-system for new construction technologies, innovations in construction equipment manufacturing sector, new technologies in construction beyond housing sector, among others.”

During this year of construction technology, the real estate fraternity will be exposed to enormous potential in regards to technological advancement that will lead to a well-systematic approach that will eradicate various issues and concerns of the industry, a major one being inability of deliverance at the builder’s end. Also, the support of private sector in affordable housing will further pace up the dream of housing for all by 2022’. Overall, the sentiments of the industry are changing and indicates a promising milestone of the real estate sector evolving into a trillion dollar economy by 2030.

Apex real estate body NAREDCO, along with Nova Exhibitions & Conferences, has introduced iDAC, an initiative in lines with our Prime Minister Narendra Modi’s vision of coining the year April 2019-March 2020 as the ‘year of construction technology’. The three-day exhibition commenced on March 8, 2019, in Mumbai, in the best interest to showcase the technological advancements in the Indian construction and real estate industry. The exhibition was inaugurated by Rajan Bandelkar, President, NAREDCO Maharashtra, and witnessed the presence of some of the key movers and shakers of the industry, including Gopal Kabra, Managing Director, RR Kabel; Manju Yagnik, Vice Chairperson, Nahar Group; Vilas Avchat, Vice President, Indian Institute of Architects; Gurmeet Singh, Vice Chairman, IGBC; and other stakeholders of the fraternity.iDAC is a platform to showcase, network and exchange industry knowledge advancement in the industry, for the industry, thus keeping an eye on current market affairs, issues and trends. The exhibition is targetted towards the key government authorities, developers, architects and designers, civil and structural engineers, consultants-contractors and MEP professionals. iDAC will cover the entire gamut of materials and technologies involved in every phase of construction through its multi city travelling discussion forum and a mega exhibition in Mumbai.Speaking on the occasion, Rajan Bandelkar, President, NAREDCO Maharashtra, said, “We are optimistic to convert concealed challenges into opportunities that are affecting the real-estate industry. The key focus would be to improve the technology and bring-in new techniques in the construction sector as our Prime Minister has discussed topics like urban challenges, ensuring livability and desirability of affordable housing, skill development in the construction sector, enabling the eco-system for new construction technologies, innovations in construction equipment manufacturing sector, new technologies in construction beyond housing sector, among others.”During this year of construction technology, the real estate fraternity will be exposed to enormous potential in regards to technological advancement that will lead to a well-systematic approach that will eradicate various issues and concerns of the industry, a major one being inability of deliverance at the builder’s end. Also, the support of private sector in affordable housing will further pace up the dream of housing for all by 2022’. Overall, the sentiments of the industry are changing and indicates a promising milestone of the real estate sector evolving into a trillion dollar economy by 2030.

Next Story
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?