24
Apr
India’s construction and infrastructure sector is facing mounting financial and operational pressure from climate-related risks, with extreme heat and flooding emerging as major threats to long-term project sustainability, according to global professional services firm Aon. In an analysis released on April 22, Nisheeth Srivastava, President and Head of Property, Construction, Power and Infrastructure at Aon India, said climate volatility is increasingly disrupting infrastructure projects across transport, energy, housing and digital infrastructure segments. He noted that flooding continues to be one of the biggest causes of economic losses in South Asia, leading to project delays, supply chain disruptions, higher repair expenses…
