According to a recent report by the Union Ministry of Statistics and Programme Implementation, 552 projects were delayed out of the 1,634 infrastructure projects it monitors, that means one of three large projects is delayed.
India’s Infrastructure and construction industry is one of the prominent sectors in the country, yet it has battled to get fine and simple technology on site. However, the role of technology has emerged in current times like never.
India is witnessing rapid urbanization everywhere, and thus, the number of Infrastructure and construction projects are also increasing. But the on-time delivery of these projects remains the biggest concern.
According to a recent report by the Union Ministry of Statistics and Programme Implementation, 552 projects were delayed out of the 1,634 infrastructure projects it monitors, that means one of three large projects is delayed. Moreover, 373 projects also reported cost overruns.
Source: Thestatesman
