The Construction industry of India is an important indicator of the development as it creates investment opportunities across various related sectors.
The construction industry has contributes to a major share in the National GDP . The industry is fragmented, with a handful of major companies involved in the construction activities across all segments; medium sized companies specializing in niche activities; and small and medium contractors who actually wok on the subcontractor basis and carry out the work in the field.
The sector is labor-intensive and, including indirect jobs, provides employment opportunities to more than 35 million people.
The roads and ports sectors have seen most activity over the past quarter, with a number of contracts awarded as both EPC and concessions. Increased focus by the central and state governments and urban local bodies on development of infrastructure in urban areas will support investments. A combination of higher government funding and public-private partnerships will also drive new investments into infrastructure projects.