Infrastructure and Construction Sectors has been saved
Infrastructure and Construction Sectors
Building the Nation
This publication provides an overview of major infrastructure sub-sectors as well as construction sector in India.
The Government of India has projected very large investment requirements for providing infrastructure to specified norms and also supporting the growth process. They have also identified the need for introducing modern technologies to increase the speed and efficiency of developing this infrastructure.Therefore, the Government of India is actively striving towards stimulating construction activities in the country.
The Indian Infrastructure and Construction Sectors have moved out of their nascent stages. For the past few decades, both government as well as private developers were targeting the “Low Hanging Fruits”, i.e., projects which were easy to execute and provided the maximum economic benefit. However, now there is substantial opportunity to undertake complex and complicated projects wherein the competing factor for construction majors shall not only be cost efficiency but also technological competence and efficiency.