Hindustan Construction Company (HCC) has announced the launch of Highbar Technologies Ltd, an IT company with a focus on the Infrastructure Industry.
Incubated as an IT division of HCC, 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 optimization etc. among others. The company already has 27 clients.
Ajit Gulabchand, Chairman and Managing Director, HCC said, “I am pleased to announce the launch of Highbar Technologies. The distinct advantage that the company possesses is its inherent understanding of the needs of the infrastructure industry as well as IT. As a business our aim is to be a key player in the domestic untapped market for IT enabled solutions for the infrastructure industry which currently stands at approximately Rs. 2000 crore. We would like Highbar Technologies to be the partner of choice for all infrastructure companies looking to enhance their operations and output through the use of technology.”
Adding further Satish Pendse, President, Highbar Technologies Ltd said, “The key driver of our growth in the last 18 months has been the high level of confidence entrusted in us by our clients. At Highbar Technologies, we will continue to leverage internal competencies and also explore alliances and strategic partnerships to provide a larger portfolio of services to tap emerging business opportunities in both domestic and international markets.”
Apart from domestic markets, the company will also target business opportunities in international markets such as the Gulf region, Europe, South East Asia and the Far East.