'Urban Mission' creates Demand for Specialist Construction Contractors in India
- India commits £30 billion to build 20 million affordable homes by 2022
- Over 2,500 cities already earmarked for housing investment
- Stringent safety requirements boost need for specialist construction and engineering contractors
In June 2015, India’s Prime Minister, Narendra Modi, launched his ‘Urban Mission’ and signalled his intent to transform housing for the country’s urban poor. Since then, the Indian central government has committed £30bn to build 20m houses by 2022.
As of April 2016, the government had identified 2,508 cities and towns in 26 states to begin construction of homes. Developers including CSC Constructions, VBHD, PDL and Tata Housing are already on board and are driving the demand for construction and engineering contractors.
Guidelines for Modi’s Urban Mission stress that the houses built under the scheme should be designed and constructed to meet structural safety requirements against earthquakes, floods, cyclones and landslides. They also include a ‘sub-mission’ to encourage the development of technologies for the adoption of building plans suitable for various geo-climatic zones as well as disaster-resistant and environment-friendly technologies.
These stringent safety, environmental and technological requirements mean specialist construction and engineering skills will be in demand to deliver Modi’s ambitious project.
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