Corona-Hit Construction Industry's Sole Hope Is Going Green With Green Cement, Explains HimanshVerma, Chairman Navrattan Group

摘要

COVID-19, which has affected millions of lives already, will continue to impact lives across the world, in terms of poverty, hunger and loss of livelihood. India's construction industry is the second-largest employer after the agriculture sector and currently employs about 60 million people. With this industry facing a loss of Rs. 30,000 crore every day owing to COVID-19, according to a KPMG analysis report released in May 2020, there will be more people affected than we can imagine. The pandemic has not only reduced investment in construction projects, it has also hit thousands of ongoing infrastructure projects, leading to a loss of employment and a spiraling impact on the national economy. With concurrent reduction in demand and supply, the construction industry is expected to face severe uncertainty, dismal consumer sentiment and loss of income, adds the KPMG report.