India Construction Industry Research Report 2024-2033

Description

List of Tables

The construction industry encompasses a wide range of activities, including planning, design, and execution, aimed at creating various physical structures such as buildings, infrastructure, and more. It involves the collaboration of professionals such as architects, engineers, contractors, and workers to complete projects ranging from residential and commercial buildings to roads, bridges, and utilities. Despite the diversity of projects, they all contribute to the improvement and development of communities and infrastructure.

In any country, the construction industry is significant, serving as a pillar of the economy while having a direct impact on the quality of life and urban landscape. According to CRI, the industry's prosperity often reflects the nation's economic health and stage of development. In addition, its growth influences other sectors such as real estate, manufacturing, and finance, and thus has an impact on the broader economy. Therefore, the construction industry typically occupies a prominent position and exerts considerable influence within a country.

India's construction industry is experiencing a remarkable surge, fueled by the government's emphasis on infrastructure development, increased foreign investment, rapid urbanization, and the sector's own expansion. The momentum is further supported by Budget 2023, which prioritized the construction sector with a substantial allocation of nearly Rs. 10 trillion (US$ 120.5 billion) for infrastructure. In addition, the government's simplification of GST aims to strengthen the real estate sector, making it more resilient and accessible.

CRI forecasts significant growth in the construction sector in 2023, primarily driven by government investments aimed at completing large infrastructure projects before the 2024 elections. In addition, investments in power, transportation, and housing projects are expected to further stimulate industry expansion in the following years. Moreover, the focus on investments in the renewable energy sector is in line with the government's target to increase renewable energy capacity by 2030, promising additional growth opportunities for the sector.

Foreign direct investment (FDI) is another key growth driver, with the government's liberalization policy allowing 100% FDI in almost all construction sectors. This move has made real estate the third largest sector for FDI inflows. Notably, between April 2000 and September 2022, India's construction sector attracted $26 billion in FDI for development purposes, with an additional $29 billion going into construction activities.

According to CRI, the market size of India's construction industry is estimated to be around $778 billion in 2023. It is projected to grow at a compound annual growth rate of 6% from 2024 to 2033, reaching US$ 1.393 trillion in 2033.

Forecast on market size of market size of India's construction industry 2024-2033

Topics covered:

India Construction Industry Overview

The economic and policy environment of the construction industry in India

India construction industry market size, 2024-2033

Analysis of major India construction industry manufacturers

Key Drivers and Market Opportunities in India's Construction Industry

What are the key drivers, challenges and opportunities for the construction industry in India during the forecast period 2024-2033?

Which companies are the key players in the India construction industry market and what are their competitive advantages?

What is the expected revenue of India construction industry market during the forecast period of 2024-2033?

What are the strategies adopted by the key players in the market to increase their market share in the industry?

Which segment of the India construction industry market is expected to dominate the market in 2032?

What are the main negative factors facing the construction industry in India?

Product Code: 2401860

1. Overview of India

1.1 Geographical Situation
1.2 Demographic Structure of India
1.3 The Economic Situation in India
1.4 Minimum Wage in India 2014-2024
1.5 Impact of COVID-19 on the Construction Industry in India

2. Overview of India's Construction Industry

2.1 History of India's Construction Industry Development
2.2 FDI in India's Construction Industry
2.3 Social Environment of India's Construction Industry
2.4 Policy Environment of India's Construction Industry

3. India's Construction Industry Supply and Demand Situation

3.1 India's Construction Industry Supply Situation
3.2 India's Construction Industry Demand Situation

4. India's Construction Industry Import and Export Situation

4.1 India's Construction Industry Import Situation
- 4.1.1 Import Volume and Import Value of India's Construction Industry
- 4.1.2 Main Import Sources of India's Construction
4.2 India's Construction Industry Export Situation
- 4.2.1 Export Volume and Import Value of India's Construction Industry
- 4.2.2 Main Export Destinations of India's Construction

5. Cost Analysis of the India's Construction Industry

5.1 India construction industry cost analysis
5.2 Charges for construction works in India

6. Market Competition of India's Construction Industry

6.1 Barriers to entry in the India's Construction Industry
- 6.1.1 Brand Barriers
- 6.1.2 Quality Barriers
- 6.1.3 Capital Barriers
6.2 Competitive Structure of India's Construction Industry
- 6.2.1 Bargaining Power of Upstream Suppliers
- 6.2.2 Consumer Bargaining Power
- 6.2.3 Competition in India's Construction Industry
- 6.2.4 Threat of Potential Entrants
- 6.2.5 Threat of Substitutes

7. Analysis of Top 10 Construction Companies in India, 2023

7.1 Larsen & Toubro Ltd.
- 7.1.1 Corporate Profile of Larsen & Toubro Ltd.
- 7.1.2 Operations of Larsen & Toubro Ltd. in India
7.2 Reliance Infrastructure Ltd.
- 7.2.1 Corporate Profile of Reliance Infrastructure Ltd.
- 7.2.2 Operations of Reliance Infrastructure Ltd. in India
7.3 Macrotech Developers Pvt Ltd (Lodha Group)
- 7.3.1 Corporate Profile of Macrotech Developers Pvt Ltd (Lodha Group)
- 7.3.2 Operations of Macrotech Developers Pvt Ltd (Lodha Group) in India
7.4 Punj Lloyd Ltd
- 7.4.1 Corporate Profile of Punj Lloyd Ltd
- 7.4.2 Operations of Punj Lloyd Ltd in India
7.5 Sadbhav Engineering Ltd
- 7.5.1 Corporate Profile of Sadbhav Engineering Ltd
- 7.5.2 Operations of Sadbhav Engineering Ltd in India
7.6 Tata Projects Ltd.
- 7.6.1 Corporate Profile of Tata Projects Ltd.
- 7.6.2 Operations of Tata Projects Ltd. in India
7.7 Hindustan Construction Company (HCC)
- 7.7.1 Corporate Profile of Hindustan Construction Company (HCC)
- 7.7.2 Operations of Hindustan Construction Company (HCC) in India
7.8 Nagarjuna Construction Company (NCC)
- 7.8.1 Corporate Profile of Nagarjuna Construction Company (NCC)
- 7.8.2 Operations of Nagarjuna Construction Company (NCC) in India
7.9 Gammon India Ltd
- 7.9.1 Corporate Profile of Gammon India Ltd
- 7.9.2 Operations of Gammon India Ltd in India
7.10 KEC International Ltd.
- 7.10.1 Corporate Profile of KEC International Ltd.
- 7.10.2 Operations of KEC International Ltd. in India

8. India's Construction Industry Outlook, 2024-2033

8.1 Analysis of Factors Influencing the Development of the India's Construction Industry
- 8.1.1 Drivers and Development Opportunities
- 8.1.2 Threats and Challenges
8.2 Supply Forecast of India's Construction Industry, 2024-2033
8.3 Demand Forecast of India's Construction Industry, 2024-2033
8.4 Import and Export Forecast of India's Construction Industry, 2024-2033