India Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q3 2024)
Summary
GlobalData’s Construction in India - Key Trends and Opportunities to 2028 (Q3 2024) report provides detailed market analysis, information, and insights into the Indian construction industry, including -
- The Indian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
The Indian construction industry is expected to register an average annual growth of 5.8% between 2025 and 2028, supported by investment in green energy projects, road, rail and housing projects. Under the PM-Gati Shakti National Master Plan, that was launched in October 2021, the government approved a INR180.4 billion ($2.2 billion) New Line Project in August 2024. The project includes the construction of a 309km long rail line with 30 new stations between Mumbai and Indore by 2029. Growth over the forecast period will be also supported by the government’s aim to increase renewable energy capacity from 197.2GW as of July 2024 to 500GW by 2030 and achieve net zero emissions by the end of 2070.
Scope
This report provides a comprehensive analysis of the construction industry in India. It provides -
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in India, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: India, Key Economic Indicators
- Table 3: India, Commercial Construction Output by Project Type (Real % Change), 2019-28
- Table 4: India, Top Commercial Construction Projects by Value
- Table 5: India, Industrial Construction Output by Project Type (Real % Change), 2019-28
- Table 6: India, Top Industrial Construction Projects by Value
- Table 7: India, Infrastructure Construction Output by Project Type (Real % Change), 2019-28
- Table 8: India, Top Infrastructure Construction Projects by Value
- Table 9: India, Energy and Utilities Construction Output by Project Type (Real % Change), 2019-28
- Table 10: India, Top Energy and Utilities Construction Projects by Value
- Table 11: India, Institutional Construction Output by Project Type (Real % Change), 2019-28
- Table 12: India, Top Institutional Construction Projects by Value
- Table 13: India, Residential Construction Output by Project Type (Real % Change), 2019-28
- Table 14: India, Top Residential Construction Projects by Value
- Table 15: India, Key Contractors
- Table 16: India, Key Consultants
- Table 17: India, Construction Output Value (Real, $ Billion)
- Table 18: India, Construction Output Value (Nominal, INR Billion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: South Asia, Construction Output (Real % Change), 2022-28
- Figure 2: India, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
- Figure 3: India, Risk Summary
- Figure 4: India, Risk Regional Comparison
- Figure 5: India, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
- Figure 6: India, Construction Output Value, by Sector (Real, $ Million), 2019-28
- Figure 7: India, Construction Value Add (Constant 2011-12 Prices, INR Billion)
- Figure 8: India, Gross Fixed Capital Formation (Constant 2011-12 Prices, INR Billion)
- Figure 9: India, Cement Production, In Million Tonnes (MT)
- Figure 10: India, Construction Projects Momentum Index
- Figure 11: South Asia, Construction Projects Momentum Index
- Figure 12: India, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 13: India, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 14: India, Trade, Hotels, Transport, and Communication Sector Value Add (Constant 2011-12 Prices, INR Billion)
- Figure 15: India, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 16: India, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 17: India, Manufacturing Value Add (Constant 2011-12 Prices, INR Billion)
- Figure 18: India, Industrial and Manufacturing Production Index (2011-12 Base Prices)
- Figure 19: India, Total Exports (INR Billion)
- Figure 20: India, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 21: India, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 22: India, Total Road Network Widened, Upgraded and Strengthened, In Km
- Figure 23: India, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 24: India, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 25: India, Electricity, Gas, and Water Services Value Add (Constant 2011-12 Prices, INR Billion)
- Figure 26: India, Total Electricity Generation, In Billion Units (BU)
- Figure 27: India, New Installed Power Capacity, In MW
- Figure 28: India, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 29: India, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 30: India, Public Administration, Defense and Other Services Value Add (INR Million, 2007 Constant Prices)
- Figure 31: India, Residential Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 32: India, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 33: India, Financial, Real Estate, and Professional Services Value Add (Constant 2011-12 Prices, INR Billion)
- Figure 34: India, Housing Price Index (2010-11=100)
- Figure 35: India, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 36: India, Headquarters of Key Consultants (% of Total Project Pipeline)
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook