Russia Recruits Indians for Construction, Sends Them to Ukraine Front Lines
Sberbank is spearheading an initiative to address Russia’s severe construction labor shortage by facilitating the large-scale recruitment of workers from India. This program aims to supply major developers and contractors with much-needed human resources, as the industry projects a need for nearly 800,000 additional workers by 2030. Drawing on successful international models, particularly in the Persian Gulf, Sberbank believes this strategy will significantly boost construction pace and project development, which has seen a notable decline in new initiations. This effort coincides with Sberbank’s expansion of its physical presence in India, reinforcing its commitment to bridging this labor gap.
John Q. Hosedrinker