History, asked by lakshmisravanthivari, 5 hours ago

How construction sector in India vis helping to overcome unemployment in 21st century​

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Answered by rishithreddynelaturi
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Answer:

While it has seen its ups and downs, the sector continues to be a steady contributor to India’s GDP and employment growth for several decades now. The sluggish growth in the last few years will begin to change in the construction landscape soon, going by the technological and disruptive changes occurring globally.

Construction tech

Although construction may not have the profitability levels of financial services, several start-ups have discovered its potential. Construction start-ups in the US raised over $1.3 billion in funding in just three quarters of 2018. Moreover, incumbents in or adjacent to the sector are spending big on acquisitions.

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