Shrinking labour pool

India’s labour pool to build its next set of gleaming high-rises is shrinking, according to Niranjan Hiranandani.

“Labour is just not available easily for construction requirements,” he said. “You have quite tall buildings being built in Mumbai now, but whereas only 2-3 per cent of past sites had cranes, now 80 per cent feature them. You just aren’t seeing enough of manual labourers.”