Construction Industry Profile - 1595 Words

PART- A INDUSTRY PROFILE PART-A INDUSTRIAL PROFILE |Indian Construction Industry is highly fragmented. There are mostly |[pic] | |unorganized players in the industry which work on the subcontracting basis. As| | |the construction activity being labour intensive, construction companies have | | |been mainly focusing on mechanization over the past few years. Consequently, | | |growth in quantum of laborers required has declined from 1.6% in FY 04 to 0.9%|†¦show more content†¦In Transportation, HCC has to its credit more than 300 road and rail bridges, expressways roads and marine construction. It has built over 100 Environmental Engineering projects. In addition to all this, it has also built some of Indias best-known industrial structures. | | The Indian Construction Industry registered a healthy 33.6% growth in top line during the June 2007 quarter. The aggregate | | |numbers from a sample of 51 construction companies and the industry continued to grapple with high raw material costs which grew by | | |46% during the quarter. Another challenge which the industry is contending with is retaining skilled manpower. Personnel cost during | | |first quarter grew by a sharp 54%. However a slower 20% rise in other expenses negated the impact of higher raw material and wages | | |cost. As a result of this the operating expenses grew by a slower 31% as compared to sales. | The construction sector was thus able to maintain its operating margins at around 12% for the third consecutive quarter. The same is marked a year on year expansion of 162 basis points from 10.3% to 12% in June 2006. The construction industry has started to feel the pinch of rising borrowing costs. After a 31.5% rise in the March quarter,Show MoreRelatedThe Construction Industry599 Words   |  3 PagesConstruction industry has long been criticized for its poor performance. After major reports such as Latham (1994) and Egan (1998), major studies are carried out in different procurement routes, management system and technique and construction method. Beyond these, it has been suggested, that ‘softer’ factors such as organisational culture also have a significant impact on performance (Nicolini, 2002). The concept of organisation culture is a popular part of general management since early 1980sRead MoreConstruction In Brazil - Key Trends And Opportunities To 2018810 Word s   |  4 PagesBrazilian construction industry including: †¢ The Brazilian construction industrys growth prospects by market, project type and type of construction activity †¢ Analysis of equipment, material and service costs for each project type within Brazil †¢ Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Brazilian construction industry †¢ Profiles of the leading operators in the Brazilian construction industry. †¢ DataRead MoreConstruction Projects For The Construction Industry1073 Words   |  5 PagesIntroduction Construction projects contain a high level of complicated procurement processes. 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In fact, there has been inflation exceeding cost increases in areas such as energy, which is aRead MoreData Analysis And Results Of An Participant Demographic Profile1231 Words   |  5 Pagesaccording to research objectives 4.3.1 Background and Experience The first set of questions aimed at understanding participant demographic profile. All respondents were males with experience ranging from ten (10) to forty (40) years in different projects including marine engineering, processing industry, pharmaceuticals industry, civil engineering and construction projects. 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