13926953 SWOT Analysis on Construction Industries

CONSTRUCTION INDUSTRY

An overview

IntroductionA process that consists of the buildings or assembling of infrastructure. Involves project manager , construction manager, design engineer, and project architect. Refers to clearing, dredging, excavating, and grading of land and other activity associated with buildings, structures, or other types of real property such as bridges, dams, roads etc.

History of construction

Stone Age construction. Ancient construction. Medieval construction. Construction in the modern age.

Building construction Residential construction Heavy or civil construction Industrial construction

Construction CompaniesLarsen and Turbo Tata Projects

NHAI

DLF

Hindustan construction company

Larsen and Turbo ltdIndia's largest engineering and Construction Company. Offering services to Power, Infrastructure, Cement, Oil, Natural Gas, Food, Chemical and Petrochemical industries.

L&T made the worlds largest underground metro rail network at Rajiv Chowk in Newdelhi

Tata ProjectsPro oted in the year 1979 co pany by the key o panies of the Tata roup, Tata Projects has passed three decades successfully e erged as an Engineering, Procure ent and onstruction having achieved IS 9001-2000, IS 14000 and S S 18000 certification for all its operations. The o pany is one a ong a fe construction co panies in India having all three certifications.

ore areas

Po er generation. Water and aste ater. il, gas and hydrocarbons. Metals and inerals. Rail ays.

DLF GROUPDLF is the largest real estate company in India in terms of revenues, earnings, market capitalization and developable area. It has over six decades of real estate experience by constantly upgrading its internal skill sets and resource capabilities. DLF has over 224 million sq.ft. of existing real estate development and 751 million sq.ft. of future projects In delhi and NCR region it has planned to acquire land resources worth of 477 million sq.ft towards developing residential businesses. It has a wide range of products including duplexes, condominiums, apartments, luxury homes and row houses.

Offices Hotels Shopping malls infrastructure

Joint venture between DLF and UK based construction major Laing O'ourke will hope fully be executing all the infrastructure projects in India efficiently.

Focus

Hindustan construction company ltdAn integrated group spanning Construction, Real state and Infrastructure development. The HCC Group of companies comprises of HCC Construction, HCC Infrastructure, HCC Real state (HR L) and Lavasa Corporation. The group specializes in technically complex, new-age construction in infrastructure projects, as well as PC, BOT, Integrated projects and townships. HCC has made an unmatched contribution to civil engineering landmarks, having executed over 321 Bridges, 43 Dams and Barrages, 15 Hydel Power Plants and 11 Nuclear Reactors, 160 kms of Tunneling and 2,227 kms of Roads and xpressways. The major engineering landmarks are the worlds longest barrage at Farakka in West Bengal, Indias first underground metro, Indias first six-lane expressway, the unique double curvature arch dam at Idukki in Kerala and one of Asias largest breakwaters at nnore Port in Tamil Nadu. Nimoo Bazgo Hydroelectric Project in Leh Ladakh at an altitude of 11,000 feet in the state of Jammu and Kashmir is taking place as the present challenge for HCC.

National highways authority of India Constituted by an act of Parliament, the National Highways Authority of India Act,1988. It is responsible for the development, maintenance and management of National Highways entrusted to it and for matters connected or incidental thereto. The Authority was operationalised in Feb, 1995. National Highways Authority of India is mandated to implement National Highways Development Project .

India 's Largest ever highways project. NHDP World class roads with uninterrupted traffic flow.

Construction industry development council Set up jointly by the planning commission, Government of India and the Indian construction industry. Representative organization of the Indian construction industry and seeks to further its collective interests. CIDC seeks to be a change agent to initiate and accelerate a process of self-reform that would enable the Indian construction industry to face the challenges of the future.

SWOT ANALYSISStudy of the factors which may have an impact on business or industry either in a positive or in a negative way.

Strength is defined as any internal asset, technology, motivation, finance, business links, etc That can help to exploit opportunities and to fight off threats. Weakness is an internal condition which hampers the competitive position or exploitation of opportunities. Opportunity is any external circumstance or characteristic which favours the demand of the system or where the system is enjoying a competitive advantage. Threat is a challenge of an unfavourable trend or of any external circumstance which will unfavourably influence the position of the system.

Strengthsemployment and training opportunities in the field of construction Private sector housing boom and commercial building demands Construction of the multi building projects on the feasible locations in the country. Good structured national network facilitates the boom of construction industry. Low cost well- educated and skilled labour force is now widely available across the country. Sufficient availability of raw material and natural resources in the country is supportive for the industry. Real estate development is on high and it is attracting the focus of the industry towards construction.

weakness

Opportunitiescontinuous private sector housing boom will create more construction opportunities. Public sector projects through Public Private Partnerships will bring further opportunities. Developing supply chain through involvement in large projects is likely to enhance the chances in construction. Renewable energy projects will offer opportunities to develop skills and capacity in new markets. More flexible training delivery techniques are now available. Financial supports like loan and insurance and growth in income of people is in support of construction industry. Historical cultural heritages like the TAZ MAHAL encourage and provide a creative platform for the industry. Remote areas in the country are easily accessible and plenty of land is available in the country.

ThreatsLong term market instability and uncertainty may damage the opportunities and prevent the expansion of training and development facilities. Current economic situation may have an adverse impact on construction industry. Political and security conditions in the region and Late legislative enforcement measures are always threats to any industry in India. Infrastructure safety is a challenging task in construction industry. Lack of political willingness and support on promoting new strategies Natural abnormal casualties such as earth quake and floods are uncertain and can prevent the construction boom. Inefficient accessibility in planning and concerning the infrastructure and signs. Competitors are emerging in the industry by leaps and bounds.

They can kill you

Problems construction industry is facingOur construction industry suffers from capacity constraints, lack of trained manpower and managerial skills with performance much below international level. The industry is starved of finance. Small and medium contractors do not have the wherewithal to upgrade their capability, both hard and soft, to undertake high value time bound projects. Quality, safety, environment and social aspects are also not being addressed appropriately.

Though there are islands of excellence in a sea of mediocrity, our companies must become global players by modernising, intensive training of their manpower, enhancing their turnover and change of mindset.

POSITIVE DEVELOPMENT OF THE CONSTRUCTION SECTOR

A positive image of the construction industry as a career choice. Adequate training facilities to cope with increasing demands for Modern Apprenticeships. A workforce that is suitably skilled and qualified. The transfer of skills from other sectors, such as agriculture, fishing, aquaculture and forestry, to the construction industry. Local employers able to effectively compete for the large scale construction contracts.

Conclusion

In the years ahead, the construction industry in India has to overcome various challenges with respect to housing, environment, transportation, power or natural hazards. Technocrats associated with the Indian construction industry need to employ innovative technologies and skilled project handling strategies to overcome these challenges. The outstanding performance under demanding situations in the past will stand in good stead and give confidence to the Indian construction industry to bring about an overall development in the infrastructure of the nation. The gains of large investments in the mega-projects eventually will feedback to the construction industry itself in the form of better economy and improved work conditions.