Post globalisation era in greater mumbai june 2006 efi – solar foundation mumbai
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- Table: 7.11.1 - A
Table:7.10.3Weightage assigned to employable skills for individuals entering Construction Sector over the next five years
7.11 EMPLOYMENT PROJECTIONS Macro Scenario 7.11.1 Employment estimation for 2004-05 Cement is the most preferred building material in India, and there exist a direct co-relation between the demand for cement and growth of construction activities in the country. In India, cement is the real driver for infrastructure and housing construction sector. According to CMIE Monthly Review June 2005, cement consumption in the country went up by 6.4 per cent from 113.8 million tonnes in 2003-04 to 121.1 million tonnes in 2004-05. According to Gujarat Ambuja Cements Annual report for 2003-04, Mumbai with presence of 15 brands was the largest cement-consuming center with an annual consumption of 4.5 million tonnes in 2003-04. Table: 7.11.1 - ACement consumption 2003-04 (in million tonnes)
(* estimated) Table 11.1-A provides us with the estimated share of cement consumption in Mumbai (i.e. 3.95 per cent) vis-à-vis consumption of cement in India. Since cement consumption directly reflects the state of construction activities, we have assumed that the construction activities in Mumbai account for 3.95 per cent of that in the country. Based on the above premise we have derived the employment figure for construction sector in Mumbai. Here we have assumed that employment in construction sector constitutes 3.95 per cent of the employment in India’s construction sector. (Projections made by NICMAR for the housing and infrastructure construction sector in the country) Furthermore, according to NICMAR, the employment in construction sector in India grew by 10.16 per cent in 2004-05. Though the city of Mumbai has a higher growth rate of construction activities vis-à-vis that of India, here we take a conservative approach and assume that growth in employment for the year 2004-05 in Mumbai was 10.16 per cent, the same as that of India. Based on this assumption, we have calculated the employment in construction in Mumbai for the year 2004-05 (refer table 7.11.1-B). Table: 7.11.1 - B Employment projections for construction sectors in Mumbai 2003-04 (in '000 nos.)
(* estimated) Therefore the employment in housing construction sub sector in 2004-05 was 8,02,500 employees, and 4,86,900 employees for infrastructure sub sector, while the employment in the construction sector in Mumbai was 12,89,400 employees in 2004-05 7.11.2 EMPLOYMENT PROJECTION FOR 2009-10 Industry Estimates BAI estimated the growth of infrastructure construction sub sector at 10 per cent per annum over the next five years. Gammon India estimated the total growth of the infrastructure construction sub sector at 40-50 per cent over the next five years. Evershine projected the housing construction sub sector to grow at approximately 10 per cent over the next five years. From the above observations, it can be derived that the construction sector, on the whole, would grow at 10 per cent per annum for the next five years or at a cumulative growth rate of approximately 55 per cent between the years 2004-05 and 2009-10. Based on the industry feedback, if we assume that employment in the sector would grow by approximately 55 per cent, the projected employment for the construction sector in Mumbai for the year 2009-10 is 19,98,400 employees, which is divided into 12,43,800 employees in the housing construction sub sector and 7,54,600 employees in the infrastructure construction sub sector (refer table 7.11.2). Directory: reports reports -> Charter School Enrollment Data Annual Report reports -> Request for Proposal [insert date] reports -> Government of India Ministry of Communication and it department of Telecommunications reports -> Government of India Ministry of Communication and it department of Telecommunications reports -> 1. 2 Authority 1 3 Planning Area 1 reports -> Pricing Closing Price $3,578 (June 22) 52-Wk High $3,825 52-Wk Low $2,982 Market Data reports -> Work performed under agreement reports -> Comet Aircraft – The Worlds First Jet Airliner Fatigue Failure Background reports -> Management and functional review ministry of transport and aviation Download 2.03 Mb. Share with your friends:
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