NBCC signs MoU with Gremound for new tech on housing project

NBCC, a psu under Urban Development Ministry, today signed an MoU with Gremound Engineering, a Hungarian company for partnership in introducing new construction technology in India for implementation of mass housing projects in the country.
The new construction technology named Non-Tectonic System, has been developed by Gremound and is designed to build liveable houses in mass quantities at extra speed, through setting up of a factory that would produce modules, suitable for building housing units of any category and shape.
Gremound has a unique concrete technology that uses special recipe for faster construction of mass housing projects, according to a release.

NBCC's partnering with Gremound for bringing in the Non- Tectonic Technology System in India would open up a huge opportunity for the Company in its participation in the Government's 'Housing for all by 2022' initiative, since the application of the technology shall make the construction faster, cost effective and qualitatively superior.