Building A New India

Book excerpt: India has a promising opportunity to emerge as a dominant Economic Power. To accomplish this objective, two key prerequisites are essential: the infusion of greater investments to develop world-class infrastructure, and the establishment of a strong construction industry capable of executing large-scale projects within set timelines. "Building New India" is an all-encompassing publication that delves into the potential of India's construction industry, considering the significant impetus provided by the Indian government. Authored by G Venkata Prasad, a respected figure with over four decades of experience in the Indian construction industry, the book offers an analysis of the industry's current state and a roadmap for its future trajectory. It addresses critical concerns such as delays and cost overruns, skilled labour shortages, adoption of innovative technologies, climate change mitigation, and the development of efficient contracting capabilities. Additionally, the book places considerable emphasis on nurturing future leaders who can successfully spearhead major infrastructure projects. Drawing inspiration from global best practices across diverse domains, "Building New India" encourages India to set ambitious goals and overhaul its work practices. It underscores the importance of collaboration among all stakeholders to enhance the industry's efficiency and leverage its immense potential for the nation's advancement.