Sustainable building
Aim to provide a sustainable and clean environment by 2020
Snapshot
Building a sustainable future
The Construction industry in India consists of the Real estate as well as the Urban development segment. The Real estate segment covers residential, office, retail, hotels and leisure parks, among others. While Urban development segment broadly consists of sub-segments such as Water supply, Sanitation, Urban transport, Schools, and Healthcare.
- By 2025, Construction market in India is expected to emerge as the third largest globally
- By 2025, Construction output is expected to grow on average by 7.1% each year
- By 2020, Construction equipment industry’s revenue is estimated to reach $ 5 bn
100% FDI under automatic route is permitted in completed projects for operations and management of townships, malls/shopping complexes, and business constructions.
100% FDI is allowed under the automatic route for urban infrastructures such as urban transport, water supply and sewerage and sewage treatment.
for more details refer to FDI Policy 2017
9%
Share in India's GDP
4.8%
Industrial growth (2008-14)
$ 1 tn
Infrastructural investments (2012-17)
44 mn
People employed
Second largest employer in India in 2017
Second largest FDI recipient sector for India in 2017
Third largest construction market globally by 2025
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.
Growth Drivers
Smart cities
100 smart cities to be developed by 2020
Industrial corridors
FIve industrial corridors planned
Railway stations/ lines
25 railway stations re-development besides 3,500 km line addition
Mega ports
6 mega ports planned
Increasing demand for commercial space
Construction of office spaces, hotels, retail, entertainment units. Annual absorption of office space in India crossed 42 mn sq ft in 2017.
Recent Announcements
Ascendas-Sembcorp to co-develop start-up area in Amaravati. The consortium of Singaporean companies will spend $ 46.6 mn while the government will invest $ 34.1 mn in a 58:42 proportion.
Infrastructure Leasing and Financial Services Ltd (IL&FS) and global private equity (PE) firm Lone Star plan to jointly invest $ 550 mn in stressed infrastructure projects in India.
Green building
Focus on investment for green materials in the next five years
Construction equipment
Construction equipment industry to reach $ 5 bn by 2020 from $ 3 bn in 2016
Construction vehicle segment
Largest revenue share in the construction equipment market in 2016
Major Investors
Data on Map
FAQ
Frequently
Asked Questions
What is the support provided to Urban street vendors under NULM?
NULM aims at skilling of street vendors, support for micro-enterprises development, and their credit enablement. It also supports development of vendor market, vending zone & informal sector markets with infrastructure/civic facilities such as paving, water supply, solid waste disposal facility, lighting, storage space etc.
What are various components of NULM?
The following are the 7 components of NULM:
1) Social Mobilization and Institution Development (SM&ID).
2) Employment through Skills Training and Placement (EST&P).
3) Capacity Building and Training (CBT).
4) Self-Employment Programme (SEP).
5) Scheme of Shelter for Urban Homeless (SUH).
6) Support to Urban Street Vendors (SUSV).
7) Innovative and Special project (ISP).What is Deendayal Antyodaya Yojana/National Urban Livelihoods Mission (NULM)?
National Urban Livelihoods Mission (NULM) was launched by the Ministry of Housing and Urban Poverty Alleviation (MHUPA), Government of India in 24th September, 2013 by replacing the existing Swarna Jayanti Shahari RozgarYojana (SJSRY).The NULM will focus on organizing urban poor in their strong grassroots level institutions, creating opportunities for skill development leading to market-based employment and helping them to set up self-employment venture by ensuring easy access to credit. The Mission is aimed at providing shelter equipped with essential services to the urban homeless in a phased manner.
How are industrial corridor in India planned? Whom should we connect for details?
Five industrial corridor projects across India have been identified, planned and launched by the GoI. These corridors are planned with strategic focus on inclusive development to provide an boost to industrialization and planned urbanization. Smart Industrial Cities are also being developed along the Corridors. Industrial development in a band of 150 km to 200 km on both the sides of the Freight corridor (Rail / Road based).
For details please refer to following link.What is the harmonised Master List of Infrastructure Sub-sectors as notified by Government of India?
Please refer to the harmonised master list of sub-sectors at this link.
