India's Construction Market Overview
After the agriculture, the construction is the second largest economic activity in India. Highest employability of the sector is because of chain of forward and backward linkages that the sector has with other sectors of the economy. It provides impetus to other manufacturing sectors such as bitumen, cement, steel and iron, bricks, tiles, paints, chemicals and among others. A unit rise in expenditure in construction sector has a multiplier effect on other sectors with a capacity to generate five times highest income. Construction sector involved broad spectrum of activities involving design & planning to actual construction.
India's Construction Market Dynamics
Rise in focus on affordable housing segment
“Housing for All” scheme is launched by the government for the identified 305 towns and cities all over the nine states for implementation of its ambitious. Under these scheme initiative of the central government, titled “Pradhan Mantri Awas Yojana” which was launched in June 2015. Due to the slowdown in demand and inventory pile-up for residential units with high ticket sizes and the Government’s push for developers and affordable housing are focusing on introducing units in the affordable segment and also mid-income housing which are typically below the ticket size of INR 10 Million.
Rise in road network
In the world, India road network is the second largest. Since 1991, India’s road network has increased by 2.4 times more from the year 2016 when economic reforms were started. Amongst overall road network, national highways are modernized form of road network is another propelling factor for the growth of the target market.
Downturn in economy
Downturn in economy discourages the investment in for infrastructure and development thus acting as a restraining factor for the construction market. Environmental rules and regulations developed by UNEP India, insufficient funds, complex loading, complex structural geometry, and unavailability of quality of raw materials, such as sand are some of the factors that limit the growth of the construction market.
India's Construction Market Segmentation
The India’s construction market is segmented based on real estate, infrastructure, and region.
On the basis of real estate, the India’s construction market is segmented into residential and commercial. On the basis of infrastructure, the target market is classified into utilities and transportation.
|
Attribute |
Details |
|
Base year for estimation |
2019 |
|
Forecast period |
2019 – 2029 |
|
Market representation |
Revenue in USD Million & CAGR from 2019 to 2029 |
|
Market Segmentation |
By Real Estate – Residential and Commercial By Infrastructure – Utilities and Transportation |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the India’s construction market report based on real estate, and infrastructure:
India’s Construction Market, By Real Estate:
- Residential
- Commercial
India’s Construction Market, By Infrastructure:
- Utilities
- Transportation
India's Construction Market Key Players
The key players operating the India’s construction market includes IVRCL Ltd, Hindustan Construction Co Ltd, Supreme Infrastructure Ltd, IRB Infrastructure Developers, J Kumar Infraprojects Ltd., Ratnagiri Gas and Power Ltd., State Electricity Boards, Power Grid Corporation of India, Tata Power, and Reliance Infrastructure. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
India's Construction Market Company Profile
- IVRCL Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hindustan Construction Co Ltd.
- Supreme Infrastructure Ltd.
- IRB Infrastructure Developers
- J Kumar Infra projects Ltd.
- Ratnagiri Gas and Power Ltd.
- State Electricity Boards
- Power Grid Corporation of India
- Tata Power
- Reliance Infrastructure
“*” marked represents similar segmentation in other categories in the respective section
India's Construction Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings - Outlook of Indian Construction Industry Strategies
- Key Questions this Study will Answer
- Market Snippet, By Real Estate
- Market Snippet, By Infrastructure
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Real Estate, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Residential
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Commercial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Market Segmentation, By Infrastructure, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Utilities
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Transportation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- IVRCL Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hindustan Construction Co Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Supreme Infrastructure Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IRB Infrastructure Developers
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- J Kumar Infra projects Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ratnagiri Gas and Power Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- State Electricity Boards
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Power Grid Corporation of India
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tata Power
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reliance Infrastructure
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IVRCL Ltd.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The India’s construction market is segmented into real estate, infrastructure.
Factors driving market growth include government infrastructure projects, urbanization trends, and the demand for residential and commercial spaces.
Global restraints may include economic fluctuations, regulatory challenges, and environmental concerns influencing construction activities globally.
The report covers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. India is estimated to dominate the Construction Market, witnessing a significantly high revenue share over the forecast period.
The key players operating the India’s construction market includes IVRCL Ltd, Hindustan Construction Co Ltd, Supreme Infrastructure Ltd, IRB Infrastructure Developers, J Kumar Infraprojects Ltd., Ratnagiri Gas and Power Ltd., State Electricity Boards, Power Grid Corporation of India, Tata Power, and Reliance Infrastructure.