The Indian economy has been on a high- growth trajectory during the past three to four years, notwithstanding structural shocks such as the implementation of the goods and services tax and demonetisation causing a blip […]
The pick-up in construction activity across the country has been aided by various reforms and initiatives taken by the government in the past two to three years. A slew of measures ranging from removal of […]
The infrastructure sector has been the government’s biggest focus area for several years now. This can be especially seen from the huge budget allocation of Rs 5.97 trillion for the year 2018-19. The increased impetus […]
With acceleration in infrastructure activity in the past two to three years, the construction sector, after a long period of slowdown, has benefited a great deal. As a result, the profitability of some construction companies […]
The Indian economy has shown strong growth in the past five years with GDP growth at current prices crossing 8 per cent on a regular basis since 2013-14. The construction sector’s gross value added (GVA) […]
The infrastructure sector is a key driver for the Indian economy and is largely responsible for propelling the country’s overall development. The government is focused on initiating policies to ensure the creation of world-class infrastructure. […]
India’s construction sector is an important determinant of its economic growth as it provides employment on a large scale and has a multiplier effect due to the creation of infrastructure assets. The sector provides employment […]
The long-pending implementation of the goods and services tax (GST) is expected to bring a significant change to the economic environment in which businesses operate. The construction sector is no exception. The new tax regime, […]
The previous fiscal year (2015-16) saw a slight turnaround in the infrastructure sector after registering dismal growth from 2012-13 to 2014-15. This poor growth, in turn, impacted the market for key materials such as cement, […]
The role of contractors in the construction sector has undergone a change over the years with many of them making forays into infrastructure development. Subcontracting is gaining traction and a given project may be developed […]
The construction industry contributes about 8 per cent in gross value added (GVA) to the Indian economy. It is also the second largest employer after the agricultural sector, employing about 41 million people. The construction […]
Construction activity in the infrastructure space got a boost after the BJP government clearly spelt out its pro-infrastructure intent. The launch of a host of initiatives by the government also helped to step up activity […]
The construction equipment segment constitutes a major component of the construction industry. It serves key sectors such as highways, railways, mining, urban infrastructure/transport, ports, irrigation and power. Given the huge investment lined up in these […]
Over the past year, the infrastructure sector has started seeing a small turnaround after dismal growth in the past two to three years. This, in turn, has impacted the market for key materials such as […]
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