What is in it for Construction & Real Estate? Well, lots!
Construction & Real Estate is the second largest employer and contributor to the Indian economic activity, after the agriculture sector. The construction sector accounts for the second highest inflow of FDI after the services sector and employs more than 35 Million people.
And, between 2005-08, the real estate sector grew by about 30% annually before slowing down significantly due to a 2008 global financial crisis. It grew by about 8% between 2009-11 and 6.5% in 2012-13.
Well, these are snippets and little facts stated on the Make In India website. There are numerous sectors included in the ‘Make In India’ programme and we were elated to discover that Construction and Real Estate find a serious slot in Narendra Modi’s vision. Plus, the simple and intuitive website is a treat to browse through.