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Construction


Industry Snapshot :-

India is on the verge of witnessing a sustained growth in infrastructure build up. The construction industry has been witness to strong growth wave powered by large spends on housing, road, ports, water supply and airport development. The construction sector has registered double digit growth during the last few years and its share as a percentage of GDP has increased considerably as compared to the last decade. The Planning Commission of India has proposed an investment of around US$ 1 trillion in the Twelfth Five-year plan (2012-2017), which is double of that in the Eleventh five-year plan. The real estate industry comprising of construction and development of properties has grown from family based entities with focus on single products and having one market presence into corporate entities with multi-city presence having differentiated products. The industry has witnessed considerable shift from traditional financing methods and limited debt support to an era of structured finance, private equity and public offering. The construction sector is a major employment driver, being the second largest employer in the country, next only to agriculture. This is because of the chain of backward and forward linkages that the sector has with other sectors of the economy. About 250 ancillary industries such as cement, steel, brick, timber and building material are dependent on the construction industry. A unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times.

Evince Perspective :-

Our industry expertise, proactive approach, and long term association with leading companies position us as the recruiter of choice. We are well positioned to service clients in this sector. Our consultants are domain experts who have spent their initial years in core industry across functions. They understand the ever-changing challenges of talent acquisition in this progressively complex environment.



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