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Challenges Faced in Indian Construction Sector

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Challenges Faced in Indian Construction Sector


Danish Shakeel | Mr. Zeeshan Khan

https://doi.org/10.31142/ijtsrd2328



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, pp.466-485, URL: https://www.ijtsrd.com/papers/ijtsrd2328.pdf

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

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IJTSRD2328
Volume-1 | Issue-5, August 2017
466-485
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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