Product Code: 1752-5403
BMI View: India's construction industry will expand steadily over our 10-year forecast period, buoyed by
the government's business-friendly policies and sizable infrastructure investment programmes. We also
expect the risky project environment, which has seen the majority of construction projects fall behind
schedule, to gradually improve over the next five years.
Forecast & Industry Developments
- The construction industry will grow by 5.6% in real terms in 2017 and average 6.2% annually through 2026. An improving business environment and rising government spending will drive investment into the country's construction and infrastructure industries.
- Prime Minister Narendra Modi has initiated a number of programs we believe will guide industry investments over the next five years, including: 'Make in India' to encourage foreign-direct investment; the 100 Smart Cities plan to upgrade urban infrastructure; Industrial Corridors to improve links between manufacturing and trading hubs; and the Atal Mission for Rejuvenation and Urban Transformation to develop low-cost housing.
- We expect the business and project risk environment to gradually improve over the next five years, thereby helping reduce the length and frequency of construction delays. Efforts to streamline the landacquisition process are being undertaken by state governments, even after Modi's effort to introduce reforms on a national level were rejected by Parliament in 2015.
Table of Contents
BMI Industry View
- Forecast & Industry Developments
- Table: Five-Year Forecast Scenario (India 2016-2021)
- Table: Infrastructure Risk Reward Index (India 2017-2017)
SWOT
Industry Forecast
- Construction And Infrastructure Forecast Scenario
- Latest Updates
- Table: Construction And Infrastructure Industry Data (India 2016-2026)
- Structural Trends
- Transport Infrastructure - Outlook And Overview
- Table: Transport Infrastructure Industry Data (India 2016-2026)
- Structural Trends
- Table: India - Major Transport Infrastructure Projects by Value (USDmn)
- Energy And Utilities Infrastructure - Outlook And Overview
- Latest Updates
- Table: Energy And Utilities Infrastructure Data (India 2016-2026)
- Structural Trends
- Coal To Dominate Capacity Growth
- Nuclear To Remain Key Element Of Power Mix
- Water Infrastructure Providing Investment Opportunities
- Table: India - Major Energy & Utilities Infrastructure Projects by Value (USDmn)
- Residential/Non-Residential Construction - Outlook And Overview
- Latest Updates
- Table: Residential and Non-Residential Building Industry Data (India 2016-2026)
- Structural Trends
- Table: Indai - Major Residential/Non-residential Construction Projects by Value (USDmn)
Industry Risk Reward Ratings
- Industry Risk/Reward Index
Market Overview
- Competitive Landscape
- Table: India - Construction Companies With Most Ongoing Projects
- Table: Selected Indian Companies - Key Financial Data
Company Profile
- Larsen & Toubro
- Reliance Infrastructure
- Gammon India
Methodology
- Industry Forecast Methodology
- Sector-Specific Methodology
- Risk/Reward Index Methodology
- Sector-Specific Methodology
- Table: Infrastructure Risk/Reward Index Indicators
- Table: Weighting Of Indicators
