Built environment sector in India is growing

06.10.23
12:00


Technology

Built environment sector in India is experiencing unprecedented growth

This is driven by urbanisation, infrastructure development, technology and sustainability challenges

Artificial environment in India is the second largest sector in India, accounting for about 10 per cent of the country’s GDP. Government initiatives such as the Smart Cities Mission, Housing for All and huge investments in highways, airports and metro networks have catalysed urban development projects across the country, as reported by ANI, a partner of TV BRICS.

The country’s rapidly growing population also requires extensive infrastructure development, including housing, transport and other utilities; hence, the built environment sector offers diverse career opportunities for architects, civil engineers, urban planners, and sustainability consultants.

The key drivers of the built environment industry are increasing demand for skilled professionals, technological advancements and innovations, sustainable development and growing urbanisation.

According to research, the Indian construction market is expected to grow at a CAGR of 12 per cent in 2023. However, to capitalise on this growth, built environment professionals need to modernise and adapt to the latest trends in the industry.

Given climate change and its severe consequences, sustainability of the built environment is no longer a choice but a realised necessity. From tall skyscrapers to sustainable green buildings, the need for professionals who can design, build and manage these structures is growing.

It is important for job seekers in this field to understand and use concepts such as artificial intelligence (AI), 3D printing, BIM (Building Information Modelling), sustainable practices and green building techniques to stay ahead of the competitive market curve.

This bodes a promising future for students seeking to enter the field of the built environment. With the changing dynamics of the built environment industry, there is an urgent need for specialised courses in real estate, construction and infrastructure to prepare aspirants both academically and professionally.

The artificial environment industry in India has undergone significant expansion and change in recent years. Due to the increased need for skilled workers, remuneration in the professions related to the built environment is also gradually increasing. Sustainability, digitalisation and innovative urban planning will be the key to success in this emerging industry.

Photo: istockphoto.com

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