The manufacturing and construction industries have witnessed substantial growth in the recent past, in line with the economic development of the country, a favourable investment climate and availability of more disposable income in the hands of the population. The manufacturing sector includes a number of sub-categories such as automotives, iron and steel, pharmaceuticals, textiles, computer hardware and so on. However, certain factors such as the high price of power in India, poor transportation facilities and the fact that the industry itself is capital intensive, have created major obstacles in the growth of the manufacturing sector. The construction industry, on the other hand, can be broadly classified into the real estate and infrastructure sectors. Real estate is already a booming industry in the country, given the higher income levels of people, easy availability of finance and scarcity of quality commercial, industrial and residential land area. At the same time, Indian infrastructure, in the form of urban infrastructure, roads, railways, power, ports and airports has also developed greatly and is poised for further expansion. Hide this