Japan-India pact to unlock smarter construction data

25 Apr 2026 CW Team

ONESTRUCTION Inc., a Tottori-based construction technology company, and DataKaveri Systems have signed a Memorandum of Understanding to establish a strategic and technical collaboration in urban and built-environment data exchange. The partnership combines ONESTRUCTION’s expertise in construction data with DataKaveri’s exchange capabilities to deliver high-quality, accessible and interoperable datasets for urban planners and infrastructure stakeholders.

The agreement was signed at Indian Institute of Science Bengaluru in the presence of representatives from Japan’s Ministry of Economy, Trade and Industry, Ministry of Foreign Affairs, and India’s Ministry of External Affairs, on the sidelines of the inaugural Japan-India AI Strategic Dialogue. The bilateral initiative focuses on advancing cooperation in artificial intelligence and data infrastructure.

Construction and infrastructure data remain among the least digitised and most fragmented datasets globally. Although openBIM standards such as IFC have improved interoperability during project execution, much of the information generated during construction — including floor plans, utility layouts and asset histories — is often lost or inaccessible after project completion.

Under the MoU, both organisations will explore integrating IFC-compliant construction data with the Intelligent Universal Data Exchange (IUDX), already operational across 55 smart cities in India. They will also collaborate on AI-led use cases for smart cities, utilities and urban infrastructure, while jointly pursuing bilateral funding and development opportunities.

The partnership is expected to strengthen digital twin applications, improve city-level decision-making, and create a scalable model for secure data sharing between India and Japan.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..