Photo by Tudor Van Hampton for ENR Tower cranes pose a major challenge on construction sites in emerging markets. Here, tower cranes work in the commercial district of Gurgaon, New Delhi. Related Links: Details Emerge on First Industry Standard for Lift Planning Were Dallas Crane Bolts Loosened Too Early? India’s economic boom, which has led to hectic construction of roads, bridges, metro rail and tall buildings, is also witnessing an increase in crane accidents. On average, two accidents involving lifting equipment occur daily in the country, reports The Times of India.The problem areas are in maintenance, inspection and operations. Companies
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.