Bridging Construction Industry Academia gap
Introduction The construction industry is one of the largest contributors to employment and economic growth in the world. The industry is growing faster than ever, due to the increase in population and the need for affordable housing, infrastructure, and facilities for all. The construction industry will continue to increase in its importance as the growth in any other industry will all be possible, when there are offices, schools, healthcare, factories, roads and bridges, etc built for running their operations. Market Scenario It is estimated that the global construction industry revenue will be about 16 Trillion USD, Growing at a CAGR of 7% and the Indian market would be around 1.4 Trillion, by 2025. In 2020, the Indian construction industry stood at around 6.5 Bn in revenue. So you can imagine the extent of the industry and thereby opportunities that are available for improvement in the way it is delivered. It becomes essential for the workforce — contributors across the lifec...