Industry Scenario
The Construction industry in value terms is expected to record a CAGR of 15.7% to reach $ 738.5 bn by 2022
The industry contributes 55% share in the Steel industry, 15% in the Paint industry and 30% in the Glass industry
The Construction industry in India is expected to grow at 5.6% during 2016-20, compared to 2.9% during 2011-15. The activities that registered the highest growth include export cargo (10%), highway construction/widening (9.8%), power generation (6.6%), import cargo (5.8%) and cargo at major ports (5.3%)
- India will be required to spend $ 454.8 bn on infrastructure development over the period of five years (2015-20), with 70% of funds needed for power, roads and urban infrastructure segments
- Expected cement capacity addition of 80-100 MT per annum over next five years.
- 34 Km of National Highways constructed per day in 2020-21; ~3X of the rate of construction of highways of about 12 km per day during 2014-15
https://www.investindia.gov.in/sector/construction