The Global Construction Survey 2023 – India Edition highlights a strong positive sentiment within India’s construction industry, with 8 out of 10 respondents expressing confidence in its future growth. Despite labour shortages, supply chain disruptions, and regulatory hurdles, industry leaders are implementing resilient strategies to maintain competitiveness and sustain long-term expansion.
As the first-ever India-focused edition of the KPMG Global Construction Survey, the report delves into emerging opportunities, risk management, digital adoption, and ESG priorities. Insights from industry experts and key stakeholders, including project owners, engineering firms, and government bodies, provide a comprehensive outlook on the sector’s trajectory.
One of the survey’s key takeaways is the growing emphasis on decarbonisation. Respondents identified energy efficiency, waste reduction, and sustainable material use as crucial factors in ensuring environmental responsibility. With ESG becoming a key consideration for investors and policymakers, companies focusing on sustainability are expected to gain easier access to funding and attract top talent.
Moreover, technology adoption has been rated as a transformational factor in the industry. Digital innovations, including modular construction and AI-driven solutions, are helping firms enhance project efficiency and meet budget and timeline expectations. The findings reaffirm that embracing innovation is essential for India’s construction sector to navigate uncertainties and drive sustainable growth.
