Construction Claims & Dispute Management Summit 2018
Date : Oct 08, 2018 - Oct 09, 2018
Opening Hours : 8.00am - 5.30pm
Venue : Holiday Inn Mumbai International Airport
Location Address : Near Sakinaka Metro Station, Sakinaka Junction, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra 400072
Country : India
Organizer : Inventicon Business Intelligence Pvt. Ltd.
Show URL :
Number of exhibitors :
Major Exhibits :

Infrastructure - Public and Private
Real Estate
Contracts Management
Contracts and Risk Management
Lead Contract and Claims Management
Legal Department
Real Estate Regulatory
Compliance & Liaisoning
Technical Experts
Civil Engineering
Structural Engineering
Projects Department
Design Engineering / Design

Introduction :

The construction industry in India averages 2000 billion rupees from 2011 until 2018, reaching an all-time high of 2400 billion rupees in the first quarter of 2018 on the GDP chart. Similarly, the construction industry in India is feeble and suffering through failure of resolution of disputes expeditiously and effectively by the parties. The recovery of the construction industry is critical for maintaining the current rate of growth and economic activity. The average duration for settlement of disputes is more than 7 years in India.

The total amount of investment that is currently tied up in disputes is approximately INR 75,000 crores. The major issue is pendency of construction disputes, which is about 68% of the total claims against government entities and public-sector units that are pending in arbitration and 13% are pending with the government entities.

The focus of the summit is to build an approach towards minimizing the impact, intensity and occurrence of claims and implementing techniques and best practices for effective dispute resolution.

Keywords :
Title Mr. Name Damodar Pai
Telephone Fax
City/State Mumbai - Maharashtra Country India