INDIAN CONSTRUCTION INDUSTRY AT A GLANCE IN 2015 - 2016 GDP from construction industry in India increased to 2285.27 IND Billion in the first quarter of 2016 from 2213.23 IND Billion in the fourth quarter of 2015. GDP from Construction in India averaged 1975.65 IND Billion from 2011 until 2016, reaching an all time high of 2377.80 IND Billion in the second quarter of 2015.
Increasing investments in residential construction and transport infrastructure will drive growth in India’s construction industry over the period (2016–2020), according to a study by Timetric’s Construction Intelligence Centre (CIC). Consequently, the average annual growth in real terms is expected to improve from of 2.95% in 2011–2015 to 5.65% during the coming five years.
Infrastructure construction accounted for 23.0% of the total industry’s value in 2015. Infrastructure construction is anticipated to be fast-growing with a CAGR of 9.94% in nominal terms, to value INR9.5 trillion (US$140.1 billion) in 2020.
Residential construction was the largest market in the Indian construction industry during 2011-2015, and is anticipated to remain relatively sizeable over the next five years, with a 30.6% share of the industry’s total value in 2020.
