The past year has not been particularly good for the construction sector. Decline in construction activity in sectors such as roads and real estate, lending squeeze from non-banking financial companies, contractors’ money stuck in arbitration, […]
The growth in the construction materials market is determined by growth in the construction sector. A key contributor to the country’s GDP, the construction sector witnessed a sluggish trend in 2019. The election year was […]
In any country, contracting practices prevalent for project execution critically determine the on-ground pace of infrastructure development. In this regard, important aspects such as formats/models for project execution, overall landscape of the contracting industry, level […]
After registering robust demand growth in the past three to four years, demand for construction equipment in 2018-19 was subdued due to the economic slowdown, the Infrastructure Leasing & Financial Services (IL&FS) crisis and the […]
Adoption of sustainable practices in infrastructure projects has been accorded the utmost importance in recent times. However, the construction industry has faced several challenges with respect to the adoption of new and innovative construction methods. […]
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 […]
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