Facilities Management in India
The Facilities Management (FM) market in India has strong and direct correlation with the construction sector’s growth. Due to massive scale of the construction market and largely available geographic space, FM market revenues in India are higher than other nations such as Singapore that are smaller in geography. But, compared to rest of the world and some developed countries, the Indian FM market is still at a nascent stage. In terms of market maturity, understanding, and acceptance of such services by end users, India still has a long way to go.