India is vulnerable to a wide range of natural hazards, particularly flooding, cyclones, drought, extreme heat waves, landslides, wildfire, and earthquakes. In the context of climate change, the intensity and frequency of weather-related shocks are likely to increase. India is also one of the key implementers of Public-Private Partnerships (PPPs) across infrastructure sectors such as roads, ports, airports, energy, and water and sanitation. It is among the Top 5 countries in the world in terms of cumulative investments in PPPs over the past 25 years.

According to Norton Rose, The impact of climate change on the risk allocation of construction projects, September 2014, builders are more likely to require a more expansive range of adverse weather conditions to be included in the FM provisions such as prolonged periods of extreme heat, landslides or cyclones, tornadoes, earthquakes and other natural disasters.