Construction portal begins operations

By Our Special Correspondent

HYDERABAD, JUNE 24. Indiaconstruction.com, the country's first B2B construction portal in which HDFC holds a 12.5 per cent shareholding, has begun its operations in Hyderabad. The portal enables the buyers to choose construction materials on the web and place orders from their choice of sellers who are registered on the site.

Announcing this at a press conference here on Friday, the company CEO and MD, Mr. Rohit Gera, said material requirements as posted by the buyers would be informed to the registered sellers either by email or by fax. In case the sellers do not have fax facility, they would be contacted on phone or even paged. This, he said, would enable the small suppliers to avail the portal services. Replying to questions he said the portal started operations two months ago in Pune and it had already 1500 suppliers registered with it and recorded transactions worth Rs. 12 crores.

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Section  : Southern States
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