Photo courtesy: Autodesk, India & SAARC
The Indian construction market is set to grow from $500 billion to $1 trillion in the next five years. By then, it will be the third largest construction market in the world.
However, the industry is plagued by project delays and cost overruns – typically, because of chaotic execution, a lack of coordination between different stakeholders and low accountability across the value chain.
A key reason for this sorry state is old ways of working, mainly the lack of technology enablement on construction sites.
Amid such a situation, the pandemic struck, making it necessary for the industry to find new ways to innovate and collaborate. Again, technology was the answer, but exactly what sort?
