Mumbai, April 15 -- According to a regulatory filing, the agreement formalises and expands an existing relationship between the two companies, under which they have already transacted over Rs 600 crore across more than 15 project sites.

These transactions covered over 100 material SKUs, including stone aggregates, ready-mix concrete, steel, electricals and plumbing, supported by a vendor network of more than 500 suppliers on the ARIS platform.

Under the MoU, Capacit'e Infraprojects will procure construction materials through the ARIS platform on a structured, multi-year basis.

Ronak Morbia, chairman & managing director, said, "India's construction materials industry has operated almost entirely on spot transactions, no forward commitme...