Comments
The 17th Edition of Design Mission India will be held in Bengaluru from October 26 to 27. The meet is expected to discuss the fast changing regulatory framework in the real estate sector and help industries choose the right B2B suppliers and partners.
The event, to be held at the Hotel Lalit Ashok, is being organised in the backdrop of the implimentation of policies such as the Real Estate Regulatory Act (RERA) and the Goods and Services Tax (GST), which have given positive signals for the real estate sector. The event is expected to draw suppliers and procurement specialists from India’s real estate segment.
Ganesh Babu, Director, IDE Consulting Services said, “More than 90 per cent of the world’s infrastructure projects are either delayed or over-budgeted. This is happening even though we have modern construction techniques readily available such as pre-fabricated modules and off-site manufacturing techniques.”
He added: “It is almost as though the whole world has moved on to broadband internet, but the construction industry is still stuck using the dial-up connection. The focus needs to move towards technology adaptation to streamline the procurement processes. Though the pace of change is slow, platforms such as Design Mission India are curated to take this challenge head-on and make a difference to the sector.”
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.