Poised to be the world's third largest by 2025, now would be the time to invest carefully in long-term construction stocks as the sector prepares to resume a strong trajectory of growth once the current COVID crisis subsides
A combination of factors such as the global scramble to move supply lines from China, a raft of government housing schemes, a large captive market and massive pent up demand due to Covid-19 restrictions will drive India's construction industry to make a strong recovery in 2021, according to economists and analysts
With the Indian government recently boosting the National Infrastructure Plan and announcing the Affordable Rental Housing Complex (ARHC) scheme along with other investments in the industrial segment in a renewed push towards 'Atmanirbhar Bharat', the forecast for 2021 therefore opens up exciting investment opportunities in construction stocks with a medium to long term horizon. With the Coronavirus weighing heavily on economic activities and consumer sentiment in India, the pandemic-driven realities of 2020 have hit the sector like never before: driven by the unprecedented contraction of 50.3 per cent in real terms in the second quarter, the construction industry is expected to shrink by nearly 15 per cent this year
https://www.indiaglobalbusiness.com/guestcolumns/insight/indias-construction-industry-set-for-a-rebound-in-2021
