Recession is more prominent and well defined in the west. India in itself is a globe if we consider the population metamorphosis. In the west there are countries which have less than 1% growth rate. But India have never fallen even below 6! What does this suggest! This simply suggests that India is practcally a self-sustaining economy and is minimllay affected by the global recession. Of course, this is more of regarding Infrastructure sector. A lot is to be done and is being done to develop Public Infra. After 6th pay commission implementation, more and more salaried people are able afford a house, hence the building sector can also see green pastures ahead. Do you think, where all the civil engineering graduates go every year? At least 50% are being absorbed by the Infra sector. Let us not carried away by the western analysis of the recession. Think positive as the B class and C class town are picking up rapidly.
By
S. Swaroop, Deputy Director, Project Management, Government
| 03 06 2010 05:24:17 +0000
If we compare last year with previous years slight slowdown was there,but coming year looks promising for construction industry to rise.More than fifty percent of our national income is spent on construction projects,besides our idustrial developement is fascilating construction idustry to grow.
By
Sandeep Dolharkar, Dy. Manager (construction), Shapoorji Pallonji & Co. Ltd.
| 02 12 2010 12:38:52 +0000
Construction industry has been going through an excellent phase for the last 10 years since NDA Govt started Highway development project. There is lot more scope for insfra sector sicne these improvement are long overdue.
By
Murali K Balla, Technical Support Manager Atkins
| 02 04 2010 14:16:49 +0000
In my view, job opportunities are expected to be excellent in the construction industry this year, especially for workers with training and experience in construction occupations, due largely to the numerous openings arising each year. The demand for residential construction is expected to continue to grow. The , as well as for second homes will continue to rise. Rich and affluent people will demand for larger homes with more amenitiesand they take it as townhouses and condominiums in conveniently located suburban and urban settings thus creating more job opporunities in the construction industry.
By
Venkatesh M, Warehouse Manager, Larsen and Toubro
| 02 04 2010 12:12:34 +0000
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The cement industry went into recession in 1988 and it extended upto almost 1991. Then again severe recession was there during 1998-2001. The trade cycle repeats in 2008/09. As a cement professional, i see no charm at all now-a-days with capacities increasing and reduction in manpower policies even in core jobs like production/quality etc., Unless people at the helm of affairs put their heads together and help others to survive it is very difficult for cement professionals to cherish again. The matter is not just recession and scrolling prices. It is the built up in capacity and attitude to professionals also. Will the policy makers correct this?
By
vasan vijayaraghavan, Manager(quality control), Obajana cements plc., Nigeria
| 02 08 2010 10:36:15 +0000
As the land surface is same and the population is exploding, and construction of house building is the basic requirement, growth in this sector is imminent. Recession has made the builders innovative and one price regulation theory is slowly evolving for a stable real estate growth in our country.
By
Santosh Kumar Mohanty, Civil Engineer-Municipal, Sambalpur University
| 02 08 2010 06:09:56 +0000
In the coming years, the industry is expected grow at the rate of 20-30% and the requirement will grow at a much higher percentage, outstripping industrial growth. There are new methods of using machineries being adopted which has reduced labour effort. But, i believe, the toughest human resources challenge the sector is facing is in getting civil engineers on board. Even though thousands of civil engineering graduates step out from college every year in India, only a small percentage of them go in for civil engineering jobs. Further, many potential workers may prefer work that is less strenuous and has more comfortable working conditions. The continued shortage of adequate training programs also will contribute to the favorable job market.
By
Pragya Kothari, Construction-Heavy, DLF
| 02 04 2010 11:12:46 +0000
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