UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 7
July-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2107146


Registration ID:
312097

Page Number

b136-b147

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Title

Identifying and Analyzing Challenges Faced by Start-Ups in Civil Industry

Abstract

The construction industry is one of the main contributors to GDP and a source of jobs. Unfortunately, it is also one of the least organized and technologically advanced sectors. Any startup in this industry can face slow growth and difficult customer acquisition. The construction industry in India is booming as a result of ongoing urbanization, upcoming infrastructure projects, and a rising population base. It is the third largest contributor to economic development, with several ongoing project opportunities. Ample opportunities for personnel being as civil engineer to be an entrepreneur. India is developing country and scope of advancement in technology used in construction industry. Startups can provide the unique marketable solution which sensitize & address the industry problems. There are quite more challenges to the civil industry startups compared to other industry viz IT, Computer, etc. Startups in civil industry may face challenges related to finance, Marketing, Human Resource & Operational challenges. This research identified the personal ability and skills as the driving internal factors, and also identified the challenges related to initial funds and its management, which are identification of fund source and managing losses and risks. Further, study identified the Managing the time, cost and resources and Lack of experience as the major operational challenges while recruiting the right people identified as the human resource related challenge. So, this research is to about identifying various challenges faced by construction industry startups.

Key Words

Startup, Civil, Entrepreneurship, Challenges, Construction

Cite This Article

"Identifying and Analyzing Challenges Faced by Start-Ups in Civil Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.b136-b147, July-2021, Available :http://www.jetir.org/papers/JETIR2107146.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Identifying and Analyzing Challenges Faced by Start-Ups in Civil Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppb136-b147, July-2021, Available at : http://www.jetir.org/papers/JETIR2107146.pdf

Publication Details

Published Paper ID: JETIR2107146
Registration ID: 312097
Published In: Volume 8 | Issue 7 | Year July-2021
DOI (Digital Object Identifier):
Page No: b136-b147
Country: Ahmedabad, Gujarat, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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