75% Indian companies not disaster ready

Nearly 75 per cent of Indian companies are not prepared for disaster management, a recent survey by real estate consultant CBRE says. According to the study, which includes over 100 top corporates in the country and over 350 respondents found out that 75 per cent of the Indian firms are not disaster ready.

It said that 96 per cent of the respondents agreed that majority of losses from disaster occur as a direct result of damage to the built environment, lack of foresight and planning. Nearly 97 per cent agreed that an integrated and comprehensive approach is necessary to improve the safety of buildings from disasters, the survey said.

Read more: Economic Times