Asian Paints
2485.1 -36.30
Cipla
1295 -10.90
Eicher Motors
7111.5 19.00
Nestle India
1421.3 10.80
Grasim Inds
2739.3 4.30
Hindalco Inds.
1048.35 7.00
Hind. Unilever
2327.3 -39.10
ITC
301.6 -3.70
Trent
4297.3 45.90
Larsen & Toubro
4014.3 -39.80
M & M
3038.4 -9.30
Reliance Industries
1327.8 -15.60
Tata Consumer
1174 -10.40
Tata Motors PVeh
350.5 -1.45
Tata Steel
210.07 -0.84
Wipro
199.36 -3.40
Apollo Hospitals
7732.5 -48.50
Dr Reddy's Labs
1317.1 -13.90
Titan Company
4410 -46.50
SBI
1101.1 6.85
Shriram Finance
1011.3 2.00
Bharat Electron
444.45 -5.50
Kotak Mah. Bank
370.85 0.45
Infosys
1154.6 -86.00
Bajaj Finance
921.55 3.20
Adani Enterp.
2287.6 -12.40
Sun Pharma.Inds.
1620.4 -59.70
JSW Steel
1255.7 -1.30
HDFC Bank
784.85 0.50
TCS
2396.9 -124.90
ICICI Bank
1326.2 -21.80
Power Grid Corpn
316.4 -2.75
Maruti Suzuki
13048 -112.00
Axis Bank
1365.9 -3.70
HCL Technologies
1203.2 -74.40
O N G C
284.8 -1.45
NTPC
401.85 -0.40
Coal India
456 5.35
Bharti Airtel
1814.5 -26.70
Tech Mahindra
1358.5 -63.00
Jio Financial
245.73 -2.93
Adani Ports
1585.1 -17.80
HDFC Life Insur.
588.2 -10.45
SBI Life Insuran
1768.9 -59.20
Max Healthcare
999.4 -7.35
UltraTech Cem.
11998 -169.00
Bajaj Auto
9576 25.50
Bajaj Finserv
1770.7 -21.90
Interglobe Aviat
4523.1 -32.90
Eternal
256.79 -3.13
Kothari Industrial Corporation (KICL) and Chennai-based deep tech startup Tvasta Manufacturing Solutions , which specializes in Construction 3D Printing, have signed a Memorandum of Understanding to explore construction 3D printing opportunities with initial focus on Australia's residential housing construction market, marking a significant milestone in India's technology export capabilities and international construction partnerships.
The collaboration comes at a critical juncture as Australia faces a severe housing shortage and affordability crisis and major cities ranking among the least affordable globally. Prime Minister Anthony Albanese's government has launched an ambitious plan to build 1.2 million homes by 2030 under the National Housing Accord, supported by a $10 billion Housing Australia Future Fund aimed at boosting supply, particularly affordable housing.
The collaboration aligns with the broader India-Australia economic engagement, following Commerce Minister Piyush Goyal's announcement that India and Australia can work together to support the delivery of up to 1 million homes, representing a potential $500 billion opportunity. The initiative focuses on facilitating the adoption of advanced construction technologies, alongside capability development to train Australians domestically in the use of these technologies to deliver housing outcomes in line with Australian building codes, standards, and regulatory requirements, with potential support from global financing partners.
Highlighting the strategic significance of this collaboration, J. Rafiq Ahmed, Executive Chairman & Managing Director of KICL, said: Australia presents an extraordinary opportunity for Indian technology and execution capabilities to address one of the developed world's most pressing housing challenges. Our collaboration with Tvasta combines our business development and financing coordination strengths with their proven 3D printing technology to deliver scalable housing solutions. This collaboration represents exactly the kind of India-Australia collaboration that can create value for both nations while solving real-world problems.