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Labourers work on the edge of a ladder during the construction of a building in Mumbai
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Labourers work on the edge of a ladder during the construction of a building in Mumbai
Labourers work on the edge of a ladder during the construction of a building in Mumbai March 20, 2007. Surging demand for homes and offices in an economy forecast to grow 9.2 percent in this fiscal year had triggered a spate of listing plans by developers, but rising interest rates, steep valuations, lack of earnings, a market sell-off and the poor performance of recent issues have made investors edgy. REUTERS/Arko Datta (INDIA) - GM1DUVYSAMa
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Media ID 19254092
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EDITORS COMMENTS
In this print captured by Arko Datta, we witness the sheer determination and resilience of labourers as they work fearlessly on the edge of a ladder during the construction of a building in Mumbai. The image encapsulates the intense hustle and bustle that characterizes India's economic growth. Taken on March 20,2007, against the backdrop of surging demand for homes and offices in Mumbai's booming economy, this snapshot reflects an era marked by ambitious development plans. With India's fiscal year projected to grow at an impressive rate of 9.2 percent, developers were eager to capitalize on this momentum through various listing plans. However, despite high expectations, challenges began to emerge. Rising interest rates coupled with steep valuations created apprehension among investors. Moreover, lackluster earnings reports and a market sell-off further heightened their unease. Yet amidst these uncertainties and investor edginess looms an indomitable spirit embodied by these labourers working diligently on precarious ladders. Their unwavering commitment symbolizes both their personal aspirations for a better future and their contribution towards shaping Mumbai's skyline. Arko Datta's photograph serves as a powerful reminder of the untold stories behind every construction project - stories often overshadowed by financial concerns but anchored in human perseverance. It invites us to appreciate not only the physical structures that arise from such endeavors but also those who dedicate themselves tirelessly behind-the-scenes to bring them into existence.
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