Published Paper Details:

Construction is an essential part of any country�s infrastructure and industrial development. The Indian construction sector is an integral part of the economy and a conduit for a substantial part of India�s development investment. Forecasting working capital along with cash requirements is essential for all construction contractors during the tendering stage since cash flow at the beginning of the project is a major cause of construction companies� failure. In the contracting business, construction firms are generally more concerned with short-term financial strategies than long-term ones. Working capital management is the central issue of all short-term financial concerns. For a successful working of a business, organization fixed and, current assets play a vital role as an organization generally invests in these options. The management of operating capital is indispensable as it might induce a direct impact on profitability and liquidity. The aim of the study is to articulate the implication of working capital management in the construction sector and its growth rate in both global and Indian perspectives.