MUMBAI: The Royal Institution of Chartered Surveyors , (RICS) research report says India is all set to become fifth largest market in the world in infrastructure projects, up from 5.3 per cent in 2015 to 9.8 per cent in 2030.

The report "Our Changing World: Let's be ready", calls for action in six areas support the profession and the sector in preparing for the challenges and opportunities. The report examines how global social and economic changes will require new skills, business models and responses to developing technologies over the next 15 years.

"Real estate and construction sector in India is continuously evolving at a rapid pace. All stakeholders of this profession need to come together to attract high quality talent in this sector - something which we see as being critical in meeting long term growth." Sachin Sandhir, Global MD - Emerging Business, RICS, said.

It added that professionals in the built environment sector must take concerted action to prepare for the unprecedented global change the sector will face up to 2030.

The report draws on the views and perspectives of stakeholders from diverse specialisms and geographies across the surveying profession, globally. It captures the insights and expectations of what they project the most pertinent issues on the horizon will be leading to 2030. Through workshops, public forums and one-on-one interviews, more than 400 people from Asia, North America, South America, Europe and Africa shared their outlook of what the future may look like.

