While the Indian economy has witnessed considerable progress, infrastructure and construction sector growth rate has not moved beyond 8 to 10 per cent. The industry is quite fragmented and is with a handful of large companies those who are involved in construction business. An estimate suggests the construction equipment manufacturing companies in all of India in 2011 were slightly over 500. Today around 16 per cent of India's working population is employed in construction sector and the industry employs over 35 million people including direct and indirect jobs. It is one of main reasons why the central government is planning to invest $1 trillion in infrastructure development during 12th year plan (2012-2017). However, acute shortage of skilled workforce is working as growth deterrent for the construction sector. Apart from it shortage of construction sand, raw materials and political disturbances are also negatively impacting the industry.
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