PROJECTS MIRROR Article Rethinking Infrastructure Leadership for the New Economic Reality ~By Deepak Shanbhag- CEO, PSIPL
Article PSIPL

Rethinking Infrastructure Leadership for the New Economic Reality ~By Deepak Shanbhag- CEO, PSIPL

The last few years have seen dynamic ups and downs in the global market, marked by geopolitical issues, policy reforms, rapid technological advancements, and consequent economic uncertainty. The impact of it all has been felt across countries and industries, and the infrastructure industry was no exception. We’ve had to rethink strategies, re-evaluate processes, reimagine leadership, redefine learning, and rebuild to thrive through disruptions. Because the new economic reality? It’s one that is continually transforming.

The good news is that infrastructure remains a rewarding investment avenue despite it all. We’ve grown to look at these challenges as opportunities to innovate and lead change, due to which this sector continues to be ripe with opportunities. Governments worldwide have intensified their focus on enhancing supply chain resilience and developing energy security to pave the way for a competitive market. India’s total infrastructure spending is seeing a significant rise, with budget allocations having increased to INR 11.21 lakh crore in 2025-26, making up 3.1% of GDP. But this growth comes with changing consumer demands that add complexity and expand focus areas within the business.

In other words, the funding may rise but so will consumer needs. This makes it especially important to make strategically sound decisions when it comes to infrastructure development: decisions that look at short-, medium-, and long-term benefits in consideration of evolving trends and inflationary pressures. Decisions that ensure the industry remains a cornerstone of sustainable economic growth through every era of change — digital, economic, or otherwise.

Concrete Growth Amidst Digital Quakes

Digital evolutions have transformed this industry many times over, and it will continue to be the case. Building from the ground up every time is not only impractical but also counterproductive to resilience. Which is why the foundation itself needs to be adaptable and efficient, creating a business that sails through change and often even ushers it in. With every new tech that we integrate, it becomes more and more easy to achieve this goal.

Today, we have the capabilities to minimise downtimes and optimise equipment repairs with digital twin technology. A way to catch failings before they even happen and take immediate action? Something that was once a dream is now within our reach.

We’re using Building Information Modeling (BIM) to create virtual models of buildings that make visualisation a breeze and revolutionise how we approach design, construction, and facility management. Drones and aerial vehicles have become crucial to surveying and monitoring physical spaces. Structures with advanced sensing, monitoring, and responsive capabilities are being used to drive smart facility management and enhance overall efficiency. There’s incredible innovation happening across the space; it’s absolutely impossible to rethink infrastructure leadership without creating avenues for innovation and learning. It’s become imperative to build a workforce that can withstand the power with which change hits this industry. For leaders, that means nurturing a team that always thinks out of the box and seeks out opportunities for growth. Learning and Development, not just for management or leadership but also for ground-level employees, is crucial to making this happen.

Leadership Under Construction

Every technological innovation, every global turmoil, and every economic shift has demonstrated that without strong leadership, things often fall apart. In this climate, strong leadership does not refer to rigid ways of working or structured processes. On the contrary, it’s about an agile mindset and flexibility in processes. In other words, this role is always under construction, being reshaped with new responsibilities all the time. This is why leaders need to be more than just project executors — we need to become visionaries and trailblazers with eyes set on sustained growth.

Training employees is a huge part of this, but not just to create people who can leverage the latest tech or use the latest tools; the bigger goal should be developing a workforce that can think like leaders and drive change themselves. This is especially important with the industry also witnessing increasing collaboration across government, private sector, and communities. With more private equity money than there ever was before, there’s also a greater media focus. That translates to higher scrutiny from the public and more pressure on leaders. Responding to challenges smartly is not enough; we need to be mindful thinkers who can look at the big picture and yet understand the nuances of different situations. That means dissecting what matters most for each project after looking at everything from community and partnerships to business priorities.

It calls for us to balance cost-efficiency with sustainability and business resilience. The great thing about the current reality is that we have innumerable ways to do this.

Green Blueprint for Progress

The way ahead truly is green. It’s a cliche for a reason — lasting infrastructure must serve both people and the planet. Planet or profit was once a difficult choice, but we don’t need to choose anymore. Instead, we should aim to create an industry that is aligned with both economic and ecological requirements. Catalysing climate change while also unlocking business outcomes — that’s the way it now needs to be.

For this, we must begin by acknowledging the immense impact of the building industry on the environment and question the ways in which we can mitigate it. Improvements in energy efficiency and environmental performance are pivotal to green building transformation. Innovation in the last decade has made great strides in this regard. Companies in many sectors have set ambitious environmental goals such as net-zero carbon footprint and renewable energy usage. The infrastructure sector has also incorporated sustainable building designs into their architectural approach, showcasing a growing commitment to minimising environmental impact.

Sustainable building designs aim to create healthy spaces without compromising on people’s experiences within them. In fact, they often enhance those experiences through inclusive, thoughtful choices. By applying principles of energy efficiency, low carbon footprint, longevity, and health and well-being among others, they enable us to conserve 40% more energy compared to traditional building designs. This paves the way for major economic savings, with enhanced life cycle cost (LCC) methodology and application, particularly in construction, maintenance, and operations.

The bottom line is this: Regardless of how the economic reality changes, green practices are always going to remain important. Of course, it also has the added benefit of better public perception and corporate image, making it easier to attract investors and reduce capital costs. Moreover, it doesn’t always need the application of advanced technologies or systems. With passive designs, it is possible to reduce the energy demands of heating, ventilation and air conditioning (HVAC) equipment simply by making optimal use of airflow and sunlight in buildings. Solutions come in plenty where genuine commitment leads.

Building the Future of Infrastructure

While we can research patterns and predict trends, there’s never a certainty on what the future will bring. A political decision on the other side of the globe can sometimes impact the economic reality here. Challenges in international relations between countries miles away can disrupt supply chains, shift investment flows, and reshape priorities overnight. It can even just be local cultural shifts that we never see coming. It comes down to how we respond to it all and lead with smart approaches; it’s not just about being prepared for what is visible today, but also about embracing the unexpected turns that tomorrow may bring and finding opportunities for growth within them.

By continually rethinking leadership, we can ensure that infrastructure development ignites sustainable economic growth, drives social development, and leads to prosperity for both people and the planet.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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