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Sustainability in general means meeting the needs of the present without compromising the ability of future generations to meet their needs. Sustainability has 3 major dimensions-environment, economic and social. Each dimension is governed by many factors. Economic sustainability can be analyzed by using different methods and also using different economic indicators. There is an increasing value of Greenfield investment (Domestic Investment and Foreign Direct Investment (FDI)) projects in the developing economies and transition economies. These nations seem to absorb a major portion of the global FDI. There have been theories stating that FDI can have a positive impact on growth through transfer of capital, technology, innovations, management knowledge. There has been growth in the manufacturing sector in many countries because of FDI and manufacturing sector in turn contributing to economic growth.

Project management has evolved over the years and is adopted by different industries for successful project execution. Many organizations today are moving from a functional structure to a project-oriented team based structure. Also, Project management has progressed from a traditional approach to a modern project management approach and moving towards sustainable project management. Many studies predict a major growth in automotive industry in the developing and emerging markets compared to the developed nations. Many multinational and transnational companies are setting their foot in the developing/emerging economies to leverage the expected growth in the automobile sector, and especially India. These projects are likely to have uncertainties during their planning and execution phases. Here traditional project management approach is not adequate and project management sustainability becomes a challenge.