Challenges Faced in Indian Construction Sector IJTSRD
The Indian construction industry is known to be inefficient and highly resistant to change. Even with a changing market and increasing competition, there are no obvious signs of commensurate changes in methods and approach. Project management, on the other hand, seems to offer what is needed in terms of tools and techniques to raise industry standards. Little is known of the extent to which project management as a discipline exists in India. The aim of this paper, therefore, is to investigate the current level of application of project management and the obstacles that have prevented its introduction in the Indian construction industry.The purpose of this study is to provide business leaders, government, policy makers and nodal agencies with an outline of suggested structural reforms required to de-bottleneck infrastructure implementation in India. It also tries to throw light on various factors or issues which are hindering the development of construction sector of India. This work is independent and has not been commissioned, sponsored or endorsed by any business, government, or other institution.In India Construction has accounted for around 40 per cent of the development investment during the past 50 years. Around 16 per cent of the nation’s working population depends on construction for its livelihood. The Indian construction industry employs over 30 million people and creates assets worth over ? 200 billion
by Danish Shakeel | Mr. Zeeshan Khan “Challenges Faced in Indian Construction Sector”
Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-5 , August 2017,
URL: http://www.ijtsrd.com/papers/ijtsrd2328.pdf
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