Authors: V. R. Deshmukh, S. M. Waysal
Abstract: The recruitment of skilled labor in the construction sector has consistently posed significant challenges. There exists a notable disparity between the high demand for specific labor skills from employers and the limited availability of such skills within the local construction workforce. This imbalance results in skill shortages that adversely affect construction projects, leading to issues such as substandard workmanship, diminished efficiency, reduced effectiveness, project delays, defects, the need for rework, material wastage, increased costs, and postponed project completions. This study presents a comprehensive analysis of the current labor skills and shortages within the construction market. It identifies the underlying factors contributing to these shortages and ranks them based on the opinions of respondents, thereby highlighting the significance of these factors. Furthermore, it aims to enhance awareness regarding professional skills in the industry and offers recommendations for their improvement to benefit the market. The unprecedented economic growth accompanied by widespread urbanization along with foreign direct investment has fueled a demand for skilled workers in India. The task of workforce development in India faces the changing realities of globalization and competitiveness, on one hand, and the need for inclusive growth on the other.