logo
logo

Construction- One of The Main Pillars of An Emerging India

avatar
Svarrnim Infrastructures Pvt. Ltd
img

India is one of the fastest-growing economies in the world, and the construction sector has been playing a major role in driving that growth. The Indian construction industry is estimated to be worth over $1.4 trillion by 2025 and employs more than 30 million people. With the growth of the economy, the industry is expected to be the third-largest in the world by 2025.

Growth drivers


The construction company in India has been growing steadily in recent years, with the introduction of new technologies, improved regulations, and increased foreign direct investment. Investment in the construction sector has grown to account for 8.5% of India’s GDP and is expected to grow exponentially in the coming years. The government's focus on infrastructure development and public-private partnerships, as well as private investments, have helped the sector grow. The government has also implemented various policies to promote the real estate sector, such as the Real Estate Regulatory Authority and the Goods and Services Tax, which have helped reduce the cost of construction and made it easier for small and medium-sized companies to enter the market. Top construction companies have been investing in the latest technologies and innovations, such as computer-aided design and construction management systems, to ensure that projects are completed on time and within budget. Moreover, many of these companies have adopted best practices in terms of safety, quality control, and environmental protection.

One of the most popular construction markets in India is Delhi. Svarrnim Infrastructure Pvt. Ltd. has emerged as a major player in recent years. We have extensive experience with both private and public urban development projects, and we are ready to take the construction industry in the NCR region to a whole new level. 


Source URL : https://www.svarrniminfra.com/blog/construction-one-of-the-main-pillars-of-an-emerging-india

collect
0
avatar
Svarrnim Infrastructures Pvt. Ltd
guide
Zupyak is the world’s largest content marketing community, with over 300 000 members and 3 million articles. Explore and get your content discovered.