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INVESTLUX

Resource Investment for Longterm Upliftment

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INVESTLUX

Resource Investment for Longterm Upliftment

The problem INVESTLUX solves

Natural resource investing appeals due to the impact of rising incomes, global infrastructure repair, political buying, and the store of value.
Natural resource investing has a broad scope that covers anything mined or collected in raw form.
The reasons to invest in natural resources have always been compelling. Whether it's hydro, thermal, or nuclear, natural resources are at the core of production. The pool of investable natural resources is growing as the world population requires more and more of these resources. Also , natural resources boosts the Indian Economy.
Therefore, Investlux aims at providing service oriented industrialists and cooperate sector a platform to understand the global natural resources share and future feasibility of projects or power plants they tend to establish .

Challenges we ran into

  1. Collection of data from websites, scraping it , and preprocessing was very tedious.
    Solution : To work easier , we pooled all the data from various websites and studied it before and merged the datasets for better accuracy and to provide users an updated information and statistics with recent and current year data.
  2. Implementing the ML models was also a herculean task as the data was varied.
    Solution : We implemented many models and calculated their accuracy percentage to choose the perfect model we tend to achieve. Also , we preprocessed it more as well as text processing for better results.

Discussion