Introduction: Challenges Facing Construction—The foundation of the global economy The construction & infrastructure industry today is no longer just poised for growth; it has taken off on an exponential growth journey. Globally, the industry forms the fulcrum of the global economic growth, accounting for almost 12-14% of the global GDP and building the spaces for […]
India’s engineering workforce needs specific intervention to make them industry ready and provide a fillip to the sector as a whole. AACE India, the India arm of AACE international has partnered with InCoBAN to address this specific gap. Through joint educational programs, knowledge sharing and curated events they will be providing precision solutions in making engineers industry ready through specialized skilling including Total Cost Management (TCM), Planning, Decision Risk Management among others.
While the sector holds immense potentially both from its economic contribution and employment growth it faces challenges from time and cost overruns, skilling issues and sustainability consciousness. Singapore has been at the forefront of the growth in the global construction industry and there are severral areas which India can adapt and adopt from Singapore. InCoBAN’s partnership with BCA International, is a major step in learning from BCA and contextualizing to India.
In India, the construction industry contributes nearly 9% to the GDP and employs over 60 million people. Yet, despite this sector’s scale and economic significance, it struggles with critical issues, particularly when it comes to workforce stability and continuity.The challenges are visible: short-term migrations, informal employment, and a shortage of skilled labor are symptoms of a deeper issue. For years, skilling initiatives have aimed to bridge the gap, but the results have been limited. This begs the question: why is skilling alone not enough?
Over 60 million people are employed in India’s construction industry, which is a lighthouse of economic activity and the backbone of the country’s infrastructural development. But beyond the surface of progress is a harsh reality: a sizable share of the workforce including many women, struggle with structural issues and unjust treatment. At InCoBAN, we understand […]
The Indian construction sector stands as a pivotal contributor to the nation’s economic growth, infrastructure development, and employment generation. However, amid its immense potential lies a maze of challenges ranging from regulatory hurdles to technological advancements. In addressing these complexities, InCoBAN brings forth innovative approaches to drive sustainable growth and transformation within the industry. Understanding […]
Infrastructure is essential for the pursuit of sustainable development because it supports social advancement, economic expansion, and environmental sustainability. Its relevance is amplified within the framework of the Sustainable Development Goals (SDGs), which were established by the United Nations in 2015 as part of the 2030 Agenda for Sustainable Development, aiming to address various global […]
Anand is a seasoned Project Controls and Planning Manager with over three decades of experience and a skilled professional with a strong foundation in engineering and computer science. With a proven track record of success in large-scale projects, has expertise in planning, scheduling, and project management. Served as an in-house training faculty at L&T, sharing their knowledge through effective training programs and lectures.
Ms. Bhagya has 15+ years of experience in construction project management in infrastructure, commercial, institutional, residential buildings etc. She has successfully driven change initiatives at organisational level like Integrated PM, Lean Construction, Project Digitalisation, Risk Management etc. She also volunteers with professional bodies and has mentors young and experienced professionals on project controls.
