Green building industry to rise by 20% in India in coming 3 years: USGBC

Q.  Green building industry will rise by what percent in the next three years, mainly on account of growing demand and rising environmental regulation, according to USGBC?
- Published on 19 Feb 16

a. 20%
b. 30%
c. 40%
d. 50%

ANSWER: 20%
 
US Green Building council has announced results of the Dodge Data & Analytics World Green Building Trends 2016 SmartMarket Report where USGBC is a contributing renter. It estimates that by 2018, green building industry will grow by 20% largely driven by environmental regulations and demand for healthier neighbourhoods. Report which was conducted in close to 70 nations demonstrated that global green building will double every three years and that green building programmes such as LEED have transformed markets across the world. In India, there are more than 1,990 projects, comprising more than 822 million sq ft of space, participating in LEED.

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