1. Market Research
  2. > Construction Market Trends

Construction in India, Key Trends and Opportunities to 2021

  • March 2017
  • 94 pages
  • Timetric
Report ID: 3659185

Summary

Table of Contents

Search Inside

Synopsis
In real terms, the Indian construction industry registered an average annual growth rate of 3.5% during the review period (2012–2016). This growth was supported by the 12th Five-Year Plan 2012–2017, under which the government invested heavily in infrastructure, industrial parks and residential buildings. In addition, government flagship programs such as the Jawaharlal Nehru National Urban Renewal Mission, the National Rural Health Mission (NRHM) and Indira Awas Yojana supported review-period growth.

The industry is expected to continue to expand over the forecast period (2017–2021), driven by investments in residential, infrastructure and energy projects under flagship programs such as the 100 Smart Cities Mission, Housing for All 2022, the Atal Mission for Urban Rejuvenation and Transformation (AMRUT), the National Skill Development Mission (NMSD), Pradhan Mantri Gram Sadak Yojana (PMGSY), Make in India, and Power for All (PFA) by various governments.

In 2015, the government launched the Smart City Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme. Under the Smart City Mission, the government plans to develop the infrastructure of 100 selected cities with an investment of INR480 billion (US$7.2 billion), whereas under the AMRUT scheme it plans to spend INR500 billion (US$7.4 billion) to develop 500 cities by 2022.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.16% over the forecast period; up from 3.95% during the review period.

Summary
Timetric’s 'Construction in India, Key Trends and Opportunities to 2021' report provides detailed market analysis, information and insights into Indian construction industry including:
- The Indian construction industry's growth prospects by market, project type and construction activity
- Analysis of equipment, material and service costs for each project type in India
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Indian construction industry
- Profiles of the leading operators in the Indian construction industry
- Data highlights of the largest construction projects in India

Scope
This report provides a comprehensive analysis of the construction industry in India. It provides:
- Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in India using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Detailed profiles of the leading construction companies in India

Reasons To Buy
- Identify and evaluate market opportunities using Timetric's 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 strategy using Timetric's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.

Key Highlights
- To meet the rising housing demand from lower- and middle-income groups, the government plans to develop affordable housing projects across the country under the social housing program. Accordingly, it plans to build 20 million low-cost affordable houses in urban and semi-urban areas under the PMAY program in a bid to ensure housing for all residents by 2022.
- The government is focusing on the construction of power plants and transmission grids to provide electricity to every part of the country by 2022. Accordingly, under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) program, the government plans to invest INR760.0 billion (US$11.8 billion) to build transmission grids and other related infrastructure by 2022.
- The Indian government is focusing on infrastructure development through robust and modern infrastructure that is vital for economic growth and competitiveness. Accordingly, in the 2017 budget the government announced plans to increase total spending on transport infrastructure by 9.0%, rising from INR22.1 trillion (US$329.9 billion) in the 2016 budget to INR24.1 trillion (US$349.9 billion) in the 2017 budget.
- Rapid urbanization and the growing working population have elevated demand for a fast and convenient transport system in the country. The government plans to build 27 four-lane highways across the country. Accordingly, it plans to build a straight road between Porbandar to Kolkata, Kanyakumari to Srinagar, Rameswaram to Dehradun, Surat to Paradip Port, and Mangalore Port to Chennai Port.
- In 2016, the government launched the Bharatmala program, the Setu Bharatam program, the National Highways Interconnectivity Improvement Project and the Logistic Efficiency Enhancement Program (LEEP). Under the Bharatmala program, the government plans to build 7,000km of road to connect eastern parts of the country with the west, with an investment of INR900.0 billion (US$13.0 billion).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Plastic Construction Product Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 26321
  • Industry report
  • July 2017
  • by Global Research & Data Services

The report package Plastic Construction Product Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future ...

Plastic Construction Product Markets in Europe to 2021 - Market Size, Development, and Forecasts

  • $ 12223
  • Industry report
  • July 2017
  • by Global Research & Data Services

The report package Plastic Construction Product Markets in Europe to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook ...

Global Building & Infrastructure Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume across 40+ Market Segments in Building Construction and Infrastructure Construction (2012 – 2021)

  • $ 8900
  • Industry report
  • April 2017
  • by ConsTrack360

The global construction industry in value terms increased at a CAGR of 9.6% during 2012-2016. Over the forecast period of 2017 to 2021, the industry is expected to record a CAGR of 9.9%, increasing from ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.