India Construction Market is predicted to reach USD 2134.43 Billion by 2030

According to the study by Next Move Strategy Consulting, the India Construction Market size is predicted to reach USD 2134.43 billion, at a CAGR of 12.6% by 2030.

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The construction market in India is witnessing substantial growth, primarily propelled by government-backed initiatives aimed at infrastructure development and urbanization.

The construction market in India holds a pivotal position in the country's economy, contributing approximately 8% to the GDP and boasting a valuation of around USD 126 billion. Robust investments in infrastructure development led to an impressive annual growth rate of 30% in the Indian infrastructure equipment sector.

The market players operating in the India infrastructure industry include Larsen & Toubro (L&T), DLF Limited, GMR Group, Reliance Infrastructure Ltd, Macrotech Developers Pvt Ltd (Lodha), Punj Lloyd Ltd, Sadbhav Engineering Ltd, Tata Projects, Hindustan Construction Company (HCC), Nagarjuna Construction Company (NCC), and others.