About the Sector:
Construction activity creates physical assets in a number of sectors of the economy. Construction sector
has two key segments:
(a) Buildings, falling into one of the following categories: residential, commercial, institutional and industrial
(b) Infrastructure such as road, rail, dams, canals, airports, power systems, telecommunication systems, urban infrastructure
including water supply, sewerage, and drainage and rural infrastructure. Assets once created also need to be maintained.
Many upstream economic activities depend upon the construction sector. It is roughly estimated that 40–45 per cent of
steel; 85 per cent of paint; 65–70 per cent of glass and significant portions of the output from automotive,
mining and excavation equipment industries are used in the construction industry.
Sub Sector :
1. Real Estate (Residential, Commercial & Institutional)
2. Infrastructure (Roads, Railways, Bridges, Runways & Industrial Units)
3. Power Generation (Hydro, Thermal & Nuclear)
Projected Manpower requirement Scope :
According to National skill development report, the skilled construction worker requirement in next five years will be:
Sector |
Projected Manpower Requirement - 2017 |
Projected Manpower Requirement - 2022 |
Skilled Manpower required in next 5 years |
Construction |
33,00,000 |
73,00,000 |
40,00,000 |