Full Time Post Graduate Programmes (PGP)
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Two Year Post-Graduate Programme in Project Construction & Infrastructure Management
The Need
Over the past decade, India has emerged as a leader in the global economy.
The Indian Construction industry today is worth of US$70 billion (INR 3150 billion) and will grow to US$120 billion (INR 5400 billion) by year 2010.
Because of globalization, it is open for huge foreign investment that is set to ignite this sector like never before. By then, it will need additional work force of 90 million to sustain it.
Government is going to invest around US$150 billion (INR 6750 billion) in next five years to develop country's infrastructure.
Construction activity in India is worth $50 billion per annum and accounts for around 6% of Indian GDP.
The accelerated growth in industrial, financial and service sectors in India has resulted in launching of many ambitious and prestigious projects in infrastructure development and other areas such as Power, Telecom, Oil and Gas, IT etc.
Projects like Golden Quadrilateral, Linking of rivers, Atomic Power Stations, Metro rail and Sky bus projects etc. are inviting use of sophisticated and breakthrough technologies.
Even though construction sector employs more than 40 million people today, most of the contracting workforce is informal and untrained. There is tremendous need of additional 5 to 6 million skilled professionals in coming five years.
The Scope
For a country like India where construction related fields total up to a whopping 10- 15% of the whole working population, Project Management gains more importance.
As per the estimates of the National Building Organization, Rs.1 million involved in construction generates 3000 man-days of skilled & semi-skilled labor and 1300 man-days of managerial & technological employment.
One-fifth of all Fortune 500 companies including Eli Lilly, General Electric, and Hewlett Packard have set up research and development facilities in India.
The surge in foreign investment, more joint ventures between Indian and foreign companies, and the growth of India's domestic industries have created more employment opportunities for India's young, highly educated, professional workforce and fueled the growth of the country's middle class.
But the country has been experiencing a dearth of trained professionals. For the successful implementation of these projects, it needs millions of multi-skilled work force.
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