Forecast cement price using machine learning. Forecast steel price using machine learning. Forecast bitumen price using machine learning.
Construction industry is challenged with low margins and ripe for disruption. Given India’s infrastructure development cement, bitumen or steel demand are significant. In addition to supply, economics, raw material costs and export demand significantly impact on the market price. Ability to better forecast cement, bitumen or steel costs could help with timely procurement and cost management for construction contractors and clients. This is an opportunity for students with domain experience to collate data for this construction challenge. And under guidance from a lead data scientist to develop a solution that helps construction industry players realize value from the forecast. And in the process student will gain data science skills and more importantly soft skills relevant in the current industry.
