Construction industry in a need to adopt a combination of technologies

Technology

The construction industry has been facing multiple challenges even without the effect of the Covid pandemic. To better understand the role of technology in the construction industry a panel discussion titled- ‘Most compelling technological interventions’ was organised on Day 2 of the CONSTRUCTION TECHNOLOGY SUMMIT, which was held on July 22-23, 2021.

Information as of December 2020 from the Ministry of Statistics and programme implementation, which monitors infrastructure projects, states that out of the projects worth Rs 150 crores and above 442 projects reported cost overrun and 536 reported time escalation.

Highlighting this report, the moderator of the session Sanjay Garg, Partner, PwC said that despite all the technological advances we are m