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Construction Planning & Management

 

2010 Construction Outlook: Looking a lot like 2009

Tags : 2010, Construction, Outlook,2009, growth, economy, cement, steel, workers, building, infrastructure
Industry : Construction, Cement, Steel
Functional Area : Business Policy, Growth, Strategy Alignment
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About "2010 Construction Outlook: Looking a lot like 2009" topic:

Even though India is experiencing a slower growth rate due to the current economic downturn, it is expected to rise again within the next three to four years thanks to its resiliency to the world markets’ conditions. Construction industry was the most affected with recession but the forecast predicts that the construction industry sectors will exceed the overall GDP growth. The commercial and industrial construction sectors are growing at an annual rate of approximately 10%, compared to 6%–7% for residential construction. So, lets discuss how Construction industry fares in 2010.

4 debates , 3 idea contests on topic: "2010 Construction Outlook: Looking a lot like 2009"
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(rate this)
1 Innovating to reduce cost and minimize error
2 Rethinking Construction
P V Raman  |  Supported idea  "Green Technology"  |  1 year ago
Absolutely right. But the awareness inclination to adopt the green Tech is still naive. There should be areas where adoption of green tech be made mandatory such initiatives be encouraged by regulatory channels.
aarkaybee  |  Supported idea  "Innovating to reduce cost and minimize error"  |  1 year ago
We must innovate in the direction of cost cutting and minimal time ovrruns in construction technology by optimal use of Information Technology tools in cutting edge equipments . As use of RMC revolutionized our construction management ,there are...
 
 
Ideate: "What are the trends in construction industry for 2010? " deleted from your view.
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(rate this)
Yes 
20
VS
6
 No
S. Swaroop  |  Argues in support of  "Yes"  |  1 year ago
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...
vasan vijayaraghavan  |  Argues in support of  "No"  |  2 years ago
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...
Sandeep Dolharkar  |  Argues in support of  "Yes"  |  2 years ago
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...
 support: 
 
 
Debate: "Will we see a hiring spree in construction sector this year?" deleted from your view.
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(rate this)
1 Slipform Sytem
2 Reducing manual labour
Murali K Balla  |  Added idea  "Reducing manual labour"  |  2 years ago
This will mean increasing automation, increasing speed of work and increasing quality of work
Sachin Sabnis  |  Added idea  "Slipform Sytem"  |  2 years ago
that's offering the constant rising of forms used in high rises
 
 
Ideate: "What are the Emerging Technologies happening in Construction?? " deleted from your view.
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(rate this)
Yes 
1
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1
 No
Anjali Sinha  |  Argues in support of  "No"  |  2 years ago
Indian Construction sector may look stable, as there is an increase in ownership of assets through BOOT projects. But, in my opinion, aggressive BOOT Strategy can lead to downward rating pressure also. Lower interest rates and more attractive...
Sumit Singh  |  Argues in support of  "Yes"  |  2 years ago
In my opinion, in addition to the rating agency, growth in the revenue is likely to remain strong and expected increases in new orders as there is seen a trend for many companies to move away from fixed-price contracts to ones that incorporate...
 support: 
 
 
Debate: "Will we see a stable Construction industry in 2010?" deleted from your view.
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(rate this)
1 A booming opportunity in the 2010 Commonwealth Games
2 More to urban infrastructure
malladi madhukumar  |  Supported idea  "A booming opportunity in the 2010 Commonwealth Games"  |  2 years ago
As it is it is accepted that there is great oppurtunity for infrastructure in 2010. In many a places non availability of labour (for construction), nonexecution of work and lapse of funds, Delay in  payment of bills eventhough funds are available...
Pragya Kothari  |  Added idea  "A booming opportunity in the 2010 Commonwealth Games"  |  2 years ago
The 2010 Commonwealth Games in New Delhi throws a mega opportunities for building material companies, construction equipments technologies companies for this year. The Commonwealth Games Village project worth is US$ 40 mn which includes elevated...
Santosh Kumar Mohanty  |  Supported idea  "A booming opportunity in the 2010 Commonwealth Games"  |  2 years ago
It is prestige issue for the host country to conduct commonwealth games. We can show our strength through smooth conduct of the event and for this we need the best of the best infrastructure in record time. Looking at the gigantic project, the...
 
 
Ideate: "How the Construction Industry in India is poised for 2010? " deleted from your view.
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(rate this)
Yes 
8
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6
 No
malladi madhukumar  |  Argues in support of  "Yes"  |  2 years ago
In season especially from Feb to june getting construction workers is difficult . There are so many places works are stopped for want of construction workers. Moreover getting skilled workers is also difficult. Construction is the industry which...
Venkatesh M  |  Argues in support of  "No"  |  2 years ago
The number of construction engineers coming out every year in our country is parallel to the growing speed of construction industry so finding shortage in the number of construction engineers is not visible in the near future. Also, we don't have...
Pragya Kothari  |  Argues in support of  "Yes"  |  3 years ago
According to me, there will be shortage of workers i guess, because of Indian construction industry boom there is so much happening in the name of construction, and yes there are nearly 30 million workers but because of its rapid growth it is...
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Debate: "Will there be shortage of construction workers in future??? " deleted from your view.
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(rate this)
Yes 
1
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0
 No
syed mohammed  |  Argues in support of  "Yes"  |  2 years ago
I think it is possible to make such cheap houses. Only requirement is for some Research and Development work in finding some new material which can have the required properties. Big companies can do research and come out with suitable problem...
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Debate: "is it possible to make cheap houses in factories using new material which is mixture of steel and pvc etc." deleted from your view.
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Hindustan Construction Company has declared new ventures in western India. The assignments include housing townships in Pune, Nasik and Thane in Maharashtra and at Dholera near Ahmadabad. The company has rolled out a strategy to instill Rs.100-120crore to start the basic work for a projected mini-township in Nasik HCC is in the course of obtaining land for the venture while the actual work on the venture is likely to start in 12-15 months. The entire project is set at Rs.600-800crore. The construction chief is also considering establishing two mixed-use mini-townships on 200 acres each at Thane and Pune. Although, the Pune venture will have a big portion set aside for saleable use, the Thane Township would be largely be a housing one. HCC has already started land purchase for the two ventures. Previously in 2009, HCC had signed a contract with the Gujarat government to grow a Water Front City at a sum investment of Rs.40,000crore. The assignment, to be based on Lavasa, would be...
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