Hindustan Construction Company (HCC), country’s leading engineering, construction and infrastructure development company, today launched Highbar Technologies an IT company with a focus on infrastructure industry.
In a filing to the Bombay Stock Exchange HCC said that Highbar Technologies has emerged as an end to end solution provider for the infrastructure industry, with in-depth experience in ERP implementation, GPS based tracking solutions, reinforcement steel optimisation among others.
The company will target Rs 2,000 crore untapped IT business opportunities in the sector. Apart from domestic markets, the company will also target business opportunities in international markets such as gulf region, Europe, South East Asia.
At Bombay Stock Exchange, the company’s share were trading at Rs 121.4 up 4.34 per cent from its previous close.