Trimble’s Drone-Based Tech for Construction
22/09/2020 , by in ALLIED

Trimble is offering progress tracking software that combines with drone flights to aid the mapping, measurement and management of construction sites. The data analytics and visualisation platform, Stratus – which is powered by worksite analytics software from Propeller – is designed specifically... Read more...

Bamboo To Play Crucial Role in Post-COVID Economy
Sep 2020 , by in ALLIED

The Narendra Modi government is planning to promote domestic bamboo industry which is going to play a critical role in shaping the post-COVID economy of India. The central government has raised the import duty by 25 per cent on raw bamboo items which will help the domestic bamboo industries like bam... Read more...

IKEA’s New Global Office in Bengaluru
Sep 2020 , by in ALLIED

Swedish furniture retail chain IKEA, the flagship brand of Ingka Group, will open a new global office from the Karle Special Economic Zone in Bengaluru. The availability of a large talent pool in India is one of the key reasons behind selecting the global office by IKEA. Bengaluru will be part of... Read more...

Jindal Will Produce 19% More Steel This Fiscal
Sep 2020 , by in ALLIED

Jindal Steel and Power Ltd (JSPLexpects to produce a record 7.5 million tonnes of the alloy this fiscal year, as it expects an eight-fold increase in its export orders, The company is likely to export 2.5 million tonnes of steel in 2020/21, up from 300,000 tonnes the previous year, thanks to high... Read more...

Weak Realty Demand Affects Cement & Steel Sectors
Sep 2020 , by in ALLIED

Fitch Ratings expects weak property demand and a sluggish construction cycle to cause cement consumption to drop by more than 15% in the financial year ending March 2021 (FY21), as more than 65% of India’s cement demand is driven by the housing segment. This is despite more resilient demand from t... Read more...

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