AGNI Launches Industry Benchmarking Drive
ECONOMY & POLICY

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.

At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company benchmarking, material costing and vendor portfolios.

Dr P R Swarup, Director General, CIDC, highlighted the need to build a future-ready workforce, strengthen technical capabilities and encourage collaboration across India’s construction sector. AGNI and CIDC also agreed to collaborate on industry development, skill enhancement, knowledge sharing and innovation adoption.

Hemant Jagtap, Officer on Special Duty, MSRDC, delivered a session on Mumbai’s infrastructure transformation, offering insights into major projects reshaping the city’s urban landscape and improving regional connectivity.

AGNI also launched the first edition of the AGNI Excellence Awards to recognise innovations with measurable impact across the construction ecosystem. The awards received over 34 nominations across five categories, with 12 shortlisted startups presenting their solutions before the jury and audience.

The awards aim to support startups and innovators by connecting them with end-users and decision-makers. AGNI said ASPIRE 2026 marks the beginning of its larger mission to drive transformation through thought leadership, benchmarking, innovation and collaboration across the built environment sector.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company benchmarking, material costing and vendor portfolios.Dr P R Swarup, Director General, CIDC, highlighted the need to build a future-ready workforce, strengthen technical capabilities and encourage collaboration across India’s construction sector. AGNI and CIDC also agreed to collaborate on industry development, skill enhancement, knowledge sharing and innovation adoption.Hemant Jagtap, Officer on Special Duty, MSRDC, delivered a session on Mumbai’s infrastructure transformation, offering insights into major projects reshaping the city’s urban landscape and improving regional connectivity.AGNI also launched the first edition of the AGNI Excellence Awards to recognise innovations with measurable impact across the construction ecosystem. The awards received over 34 nominations across five categories, with 12 shortlisted startups presenting their solutions before the jury and audience.The awards aim to support startups and innovators by connecting them with end-users and decision-makers. AGNI said ASPIRE 2026 marks the beginning of its larger mission to drive transformation through thought leadership, benchmarking, innovation and collaboration across the built environment sector.

Next Story
Infrastructure Urban

Benzoville Showcases Luxury Cabinet Handles

Benzoville has strengthened its position in India’s luxury cabinet handle segment by offering more than 53,000 designs sourced from leading global manufacturers.The company said the portfolio has been curated to meet rising demand from architects, interior designers, kitchen specialists and luxury homeowners seeking premium hardware solutions for residential, hospitality and commercial projects.Cabinet handles, once seen mainly as functional accessories, are increasingly being recognised as important design elements in luxury interiors. According to the company, premium handles now contribut..

Next Story
Infrastructure Urban

Meghalaya Opens North East’s Largest Spice Plant

Union Finance Minister Nirmala Sitharaman recently inaugurated the Organic Spice Industrial Unit, PRIME-HUB, at Bhoirymbong in Meghalaya. The facility is being positioned as the North East’s largest organic spice processing plant and is expected to strengthen Meghalaya’s agro-industrial and organic farming ecosystem.The project was developed with an investment of Rs 300 million (mn) and is designed to process over 10,000 metric tonnes of organic spices annually. It will directly benefit 5,500 farmers across 112 villages, supporting improved livelihoods, value addition and market access for..

Next Story
Infrastructure Urban

Recykal Raises USD 23 Mn Bridge Round

Recykal, a Hyderabad-based technology platform for waste management and the circular economy, recently raised USD 23 million in a bridge round through a mix of primary and secondary capital. The round saw participation from existing investors and select new family offices.The fresh capital will be used to strengthen Recykal’s technology platform, accelerate its Deposit Return System (DRS) deployments, expand behavioural change solutions in waste management, and support international growth. In FY26, the company reported gross revenue of Rs 14.98 billion, up 53.2 per cent from Rs 9.78 billion..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement