A comprehensive risk management approach may be key to addressing India’s growing disaster preparedness issues. According to a CBRE survey on risk management in large infrastructure projects, nearly half of India’s public infrastructure is ill-equipped for disaster planning and management, demanding greater attention. The country faces a significant rise in both natural and man-made disasters, threatening its economy, population, and long-term sustainable development.
Several factors exacerbate this vulnerability, including shifting demographic and socio-economic conditions, unplanned urbanisation, development in high-risk zones, environmental degradation, climate change, and geological hazards. These challenges were the focal point of the Infrastructure Management Conference 2024, jointly organised by CBRE and the Confederation of Indian Industry (CII) in New Delhi. The event, themed "Building a Sustainable and Resilient Future," aimed to map out smart, sustainable infrastructure solutions for the long term.
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The frequency and intensity of disasters in India have steadily increased, with floods, extreme temperatures, and cyclones causing widespread damage, loss of life, and disruption of livelihoods. Additionally, man-made risks such as industrial accidents, cyberattacks, and public health crises are also on the rise. These developments highlight the need for a forward-looking approach to infrastructure management, with Smart Facilities Management playing a critical role in mitigating risks and building resilience.
The conference provided a platform for exploring how Smart Facilities Management can help prevent equipment failures, reduce downtime, and optimise resource allocation through advanced technologies like IoT sensors, AI-driven analytics, and machine learning algorithms. These innovations are seen as essential for enhancing the performance and longevity of real estate assets. Regular inspections, maintenance, and upgrades were also identified as critical risk management practices that could reduce the likelihood of damage and ensure the continued functionality of vital public infrastructure.
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As infrastructure projects become larger and more complex, the risks associated with poorly managed systems will only grow. Conference participants highlighted the need for strategic infrastructure management practices that can foster a future where India’s built environment is not only sustainable but also resilient and adaptable.
Rajesh Pandit, Managing Director of Global Workplace Solutions at CBRE India, Southeast Asia, Middle East & Africa, emphasised the need for innovative approaches. He noted that tailored solutions are already being delivered to meet India’s unique infrastructure management needs, ensuring that public infrastructure operates smoothly and efficiently.
