Mumbai :  The construction industry in India is the second largest in the country, after agriculture. It has been an integral part of the Indian economy and has been consistently contributing around 8% to the country’s GDP since FY 2005. From being dominated by a handful of players in the 90s, the industry is seeing an expanding base of developers, investors and global stakeholders, Backed by a buoyancy in orders that is expected in FY 2014 as a result of higher impetus on investments in infrastructure and government initiatives, the construction sector is anticipated to see a CAGR of 10% in future.

The report released on Opportunity in the Construction Sector in India – 2013 aims to go beyond the obvious information available in the secondary domain. It provides information through extensive secondary and primary research, coupled with analytics, to clear all ambiguity in the minds of the market stakeholders. The findings will be of particular interest to builders and developers, consultants and infrastructure firms, among others.

This research report will provide an insight into the construction industry in India, the current scenario, industry structure and practices. In depth scenario includes detailed analysis of the different types of construction – residential construction, commercial construction, which includes office complexes, hotels, retail and hospitals and industrial construction. The report also outlines the market forecasts, the anticipated growth rates, the key drivers and factors that are likely to affect growth.