Infrastructure

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Industry in Nutshell
India has witnessed a steady growth in infrastructure over the recent years, and foreign investors have shown keen interest in investing in the country’s infrastructure. It’s worth noting that the sector accounts for 26.7% of India's industrial output. The Planning Commission has projected that investment in infrastructure would almost double at US$ 1,025 billion in the 12th Plan, compared to US$ 514 billion in the 11th Plan. Of the US$ 1,025 billion, 50% is expected to come from private sector, whose investment has been 36% in the 11th Plan.

Scarcity of Talent
The sector is a very large employer. Although the construction industry employs 33 million people, second only to the agricultural sector, the incremental workforce requirement is around four million people per year over the next seven years to sustain the current growth rate. The construction industry is set to face a challenge in terms of sourcing manpower. Adding to this problem is the shortage of contractors.

WAVECO Solution
Our teams understand the sector thoroughly and are well acquainted with the issues associated with hiring the right talent. Having handled the sector for decades now, we have a competitive edge in terms of understanding the industry to the core, and having qualified team members with a solid background in the industry. Since most of our team members have been in the industry across one segment or the other, we understand the expectations of the candidates as well as the companies and act as consultants to both of them to help them take right decisions. Besides this, our strong network helps us map the right candidates for different profiles.