Product Code: 1752-5403
BMI View: Despite demonetisation causing a contraction in Q4 2016-17, we expect that robust growth will
return to India's construction sector through 2017 and past 2018. Construction activity is supported by
government initiatives in developing infrastructure and affordable housing, as well as private investment in
residential, commercial and industrial buildings.
Forecast & Industry Developments
- We have adjusted down our forecast for India's construction industry and expect growth to reach 4.9% in real terms in 2017. This downgrade comes on the back of a slight contraction in Q4 2016-17 linked to demonetisation, but we expect that robust growth will return toward the end of 2017 and beyond 2018.
- Strong demand for construction in the residential and non-residential building segments will help support the sector over the next five years. The residential market is recovering after demonetisation, with longterm support coming from India's sizable housing shortage, while non-residential construction will be supported by rising investment in industrial and commercial real estate.
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: India - Construction And Infrastructure Industry Forecasts (India 2016-2026)
- Structural Trends
- Transport Infrastructure - Outlook And Overview
- Table: India - Transport Infrastructure Industry Forecasts (2016-2026)
- Structural Trends
- Table: India - Major Transport Infrastructure Projects by Value (USDmn)
- Energy And Utilities Infrastructure - Outlook And Overview
- Latest Updates
- Table: India - Energy And Utilities Infrastructure Forecasts (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: India - Residential and Non-Residential Building Forecasts (2016-2026)
- Structural Trends
- Table: Indai - Major Residential/Non-residential Construction Projects by Value (USDmn)
Industry Risk Reward Ratings
- India - Sizable But Diminishing Risks In High-Reward Market
- Asia 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
- Infrastructure Forecast Methodology
- Industry Forecast Methodology
- Sector-Specific Methodology
- Infrastructure Risk/Reward Index
