What are the challenges before the construction industry?
The challenges before the construction industry is to ramp up its ability to meet the ever-increasing demand for creation of world-class infrastructure at a fast pace. The biggest constraints in capacity buildings are seen to be shortage of skilled manpower at all/most levels and with all players of the industry. We also need to improve the process of procuring construction contracts, provide for a more equitable distribution of risk in construction contracts, and have a more effective and speedy mechanism for dispute resolution. In infrastructure growth, how does India compare with developed and other developing countries like those in the Middle East? While India has access to technical competence and experience, we suffer from very low productivity. This could be due to our inability to deploy not only high-end construction equipment but also small tools to enhance human productivity. Use of labour intensive technology adversely impacts the quality of construction and our performanc
