Indian construction industry second to none

ERODE: The Indian construction industry has shown significant development over the years with eminent and efficient engineers at the helm and is second to none, a top official of Schwing Stetter (India) said here today.

Inaugurating a conference on "Latest Trends in Construction industry", Anand Sundaresan, Managing Director, Schwing Stetter (India) Pvt Ltd said the industry, among the best in the world, has eminent and efficient civil engineers, whose work has been lauded the world over.

The industry still needed to develop, as civil engineers of late were struggling to construct buildings as a result of minimum profit due to hike in raw material cost. "Labour shortage and daily increase in price of raw materials has hit the industry," Sundaresan, who is the past president of CII, said.

He also urged Government to take steps to reduce the cement price.