- The country’s facility management sector is a fragment, as most of the facilities in the country rely on in-house operations for their maintenance and building management processes.
- UV has a dominant service sector in which the government initiatives are expected to drive the growth of organized sectors in the country. Over the forecast period, the economic condition is expected to play a major role in channelizing the foreign investment and impact the market.
- The growing trend of outsourcing the non-core operations in the country is expected to increase the demand for Facility Management Services.
- The government safety regulations and emphasis on green practices over environmental concerns across the country is driving the market. The Occupational Safety, Health and Working Conditions Code.
