India Construction Industry Report 2024: Output Grew by 7.8% in Real Terms Supported by Public and Private Sector Investments in Industrial and Energy Projects, & Government's Investments in Transport - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "India Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)" report has been added to ResearchAndMarkets.com's offering.

The construction industry in India expanded by 7.8% in real terms in 2024, supported by public and private sector investments in industrial and energy projects, coupled with the government's investments to improve and expand transport infrastructure.

In November 2024, the government approved 50 solar park projects with a combined capacity of 37.5GW across the country. Furthermore, in October 2024, the government reported that the country will attract INR7.2 trillion ($87 billion) in investment in the petrochemical sector by 2030. Previously, in September 2024, the Prime Minister of India commenced the construction work on various projects including railways, road, power, and housing projects, with a combined value of INR80 billion ($962.5 million) in Gujarat.

In July 2024, the government approved the Financial Year (FY) 2024-25 (April 1st, 2024-March 31st, 2025) Budget. The major focus includes the development of the infrastructure sector with a provision of over INR1.1 trillion ($13.2 billion) for FY2024-25. Furthermore, in the FY2024-25 budget, the government allocated INR11.1 trillion ($133.7 billion) towards capital expenditure, an increase of 11.1% compared with the FY2023-24 Budget expenditure.

The Indian construction industry is expected to register an average annual growth rate of 5.8% between 2025 and 2028, supported by investments in green energy projects, road, rail, and housing projects, coupled with the government's aim to achieve 500GW of installed green energy capacity by 2030, up from 197.2GW as of July 2024. In line with this, in September 2024, the Maharashtra government signed a Memorandum of Understandings (MoUs) with various companies with a combined value of INR475 billion ($5.7 billion) to develop multiple energy projects in the state by 2030

Scope

• 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

Reasons to Buy

• 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 the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Topics Covered:

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

For more information about this report visit https://www.researchandmarkets.com/r/holx4w

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.