The rise in infrastructural development, boom in real estate and growth in retail and hospitality sectors account for the bulk of the growth in the facilities management services. Netscribes’ latest market research report titled ‘Facilities Management Services Market in India 2014’ has outlined how the facilities management segment has now been elevated to a strategic level of importance. Non-core activities comprise the paraphernalia of activities such as HVAC, maintenance and cleaning, plumbing and others that have been placed at the service of the core businesses by facilities management service providers in such a way so as to protect an organizations capital investment in real estate. The report also highlights the immense growth potential that the sector promises as well as the lack of government strictures regulating the market.
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