Construction in India
Construction in India
Construction in India
Overview and Outlook: Construction industry shows signs of improvement
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 in India
Uptick in Sentiment: Pace of project awards and execution picks up
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 […]
Construction in India
Construction in India
Construction in India
Equipment Market: Demand to grow due to rising construction 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 […]
Construction in India
Materials Market: Demand-supply gap expected to reduce
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 […]
Construction in India
Performance of Key Players: Slow project execution affects fresh order inflow
The construction industry is highly fragmented due to the presence of many organised as well as unorganised players. Across the industry, there are few long-term associations between contractors and clients, and there is a lack […]
Construction in India
Sector-wise Opportunities: Major construction activity expected in India's infrastructure sectors
On the back of the government’s renewed focus on infrastructure development, contractors are expected to witness significant future construction opportunities. The government is expected to pump more funds into infrastructure, which is likely to attract […]
Construction in India
Demand from Real Estate: Big-ticket programmes to drive growth
The increase in demand for urban housing has been driven by the burgeoning population coupled with rising urbanisation. Between 1961 and 2012, India’s urban housing shortage increased at a compound annual growth rate (CAGR) of […]