The study "The Indian Construction Market - A Growth Story" provides the first detailed analyse of the development of the construction market with a forecast up to 2027. The study is written specifically for the information needs of the global construction supply industry. The introduction outlines the future opportunities for the construction supply industry and describes the methodology used. Anyone who has dealt with India knows that the decentralised nature of the country makes it very difficult to get an overview. For this reason, this study was particularly challenging to produce. Due to its sheer size and population growth, the country offers unique growth potential for the global building supply industry.
The development of the construction industry from 2019 to 2027 is analysed for residential and non-residential construction as well as civil engineering, both in terms of new construction and renovation. Future trends and forecasts up to 2027 are discussed, including the economic and political environment and forecasts for residential, non-residential and civil engineering. Future key technologies, sustainability targets and digitalisation are also highlighted.
Regional developments and focus areas in different parts of India are identified, starting from Mumbai/Goa to South India. Construction decision-making processes are analysed based on the institutions and companies involved, as well as by building type and regional differences. The analysis of key players in the market looks at the largest contractors and suppliers, the influence of start-ups and international companies, and public-private partnerships.
Special features of the Indian construction industry such as the labour market, regulatory framework, urbanisation and climatic risks are highlighted. The executive summary summarises the key findings, while the appendix contains tables, graphs, a glossary and a bibliography. Overall, the report provides an in-depth insight into India's construction industry and its future prospects to 2027.
Approx. 60 pages
Coloured illustrations
Delivered as PDF