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Construction Sector in India 2008 - Development Forecasts for 2008-2012
PMR Ltd, July 2008, Pages: 259
Construction sector in India 2008 offers a comprehensive overview of the construction market in India. Analysis includes the current market situation as a whole, as well as independent market segments of engineering construction, non-residential construction and residential construction.
Profiles of the 37 largest construction companies in India complete the report. This includes sales analysis, competitive positioning and the specific future strategy of each of these players. Built with MarketInsight, the proprietary PMR research methodology, the report also provides development forecasts up to 2012.
Key Facts
The construction industry in India is the second largest contributor to the national economy.
The Indian construction industry is the second largest employment generation avenue in the country.
The Planning Commission of India published the 11th Economic Plan in 2007, and set aside $492bn as investment outlay for infrastructure development.
An essential read for:
- top management, strategic planners and executives of construction companies either already active or considering launching operations in India
- companies engaged in construction and those in production and distribution of building materials
- consulting, research and analytical firms, banks and investment funds managers
- architectural and consultancy firms interested in this market.
This report is an invaluable resource for any company active in or considering entry to the Indian construction sector.
A Word from the Author
“The country’s economy has been on the upswing ever since the process of economic reforms was started in 1991. The Indian construction industry is a key growth driver for the national economy, contributing on average 6.3% of the GDP. The industry is highly fragmented and overtly dominated by smaller builders, although major players, especially those involved in infrastructure development, have already made their mark in the international arena, and it is they who shape the future of the industry. The current size of the construction industry in India is estimated at $70.8bn, of which the 87 key players account for nearly one third, while the rest is distributed amongst the 25,000 plus smaller players. A key factor which is responsible for the stupendous success of the Indian construction industry is the sustained political will of successive governments since 1991. India, with its abundant land mass area and a billion strong population, is therefore a major market for the infrastructure and property (commercial and residential) development. The Indian construction industry is set to achieve its true potential of being a world beater, which clearly suggests the huge opportunity for various industry players”.
Robert Obetkon, Construction Market Analyst
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