L&T Chairman S.N. Subramanian has raised concerns over a growing labor shortage in India's construction sector, attributing it to the availability of welfare schemes and improved living conditions.
He stated that many laborers are now unwilling to take up physically demanding jobs, as government initiatives provide financial support and basic necessities.
This trend is drawing comparisons to the United States, where labor shortages have been a persistent challenge.
With fewer workers available, the construction industry may face delays and increased costs, impacting infrastructure projects and real estate development.
Experts warn that if the issue persists, companies may have to rely on automation or migrant labor to bridge the gap.
While welfare schemes are essential for social security, policymakers must also ensure that they do not discourage workforce participation in critical sectors like construction.
India could soon face a major labor crisis if solutions are not implemented in time.
