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Construction in India Market Outlook, Research, Trends and Forecast 2017

Construction in India 2017 Market – Opportunities, Challenges, Strategies and Forecasts

PUNE, INDIA, October 12, 2017 /EINPresswire.com/ -- Synopsis
In real terms, the Indian construction industry registered an average annual growth rate of 3.5% during the review period (2012–2016). This growth was supported by the 12th Five-Year Plan 2012–2017, under which the government invested heavily in infrastructure, industrial parks and residential buildings. In addition, government flagship programs such as the Jawaharlal Nehru National Urban Renewal Mission, the National Rural Health Mission (NRHM) and Indira Awas Yojana supported review-period growth.

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The industry is expected to continue to expand over the forecast period (2017–2021), driven by investments in residential, infrastructure and energy projects under flagship programs such as the 100 Smart Cities Mission, Housing for All 2022, the Atal Mission for Urban Rejuvenation and Transformation (AMRUT), the National Skill Development Mission (NMSD), Pradhan Mantri Gram Sadak Yojana (PMGSY), Make in India, and Power for All (PFA) by various governments.

In 2015, the government launched the Smart City Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme. Under the Smart City Mission, the government plans to develop the infrastructure of 100 selected cities with an investment of INR480 billion (US$7.2 billion), whereas under the AMRUT scheme it plans to spend INR500 billion (US$7.4 billion) to develop 500 cities by 2022.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.16% over the forecast period; up from 3.95% during the review period.

Summary
'Construction in India, Key Trends and Opportunities to 2021' report provides detailed market analysis, information and insights into Indian construction industry including:

• The Indian construction industry's growth prospects by market, project type and construction activity
• Analysis of equipment, material and service costs for each project type in India
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Indian construction industry
• Profiles of the leading operators in the Indian construction industry
• Data highlights of the largest construction projects in India

Scope
This report provides a comprehensive analysis of the construction industry in India. It provides:
• Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in India using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
• Analysis of key construction industry issues, including regulation, cost management, funding and pricing
• Detailed profiles of the leading construction companies in India

Reasons to Buy
• Identify and evaluate market opportunities using standardized valuation and forecasting methodologies.
• Assess market growth potential at a micro-level with over 600 time-series data forecasts.
• Understand the latest industry and market trends.
• Formulate and validate strategy using critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.

Key Highlights
• To meet the rising housing demand from lower- and middle-income groups, the government plans to develop affordable housing projects across the country under the social housing program. Accordingly, it plans to build 20 million low-cost affordable houses in urban and semi-urban areas under the PMAY program in a bid to ensure housing for all residents by 2022.

• The government is focusing on the construction of power plants and transmission grids to provide electricity to every part of the country by 2022. Accordingly, under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) program, the government plans to invest INR760.0 billion (US$11.8 billion) to build transmission grids and other related infrastructure by 2022.

• The Indian government is focusing on infrastructure development through robust and modern infrastructure that is vital for economic growth and competitiveness. Accordingly, in the 2017 budget the government announced plans to increase total spending on transport infrastructure by 9.0%, rising from INR22.1 trillion (US$329.9 billion) in the 2016 budget to INR24.1 trillion (US$349.9 billion) in the 2017 budget.

• Rapid urbanization and the growing working population have elevated demand for a fast and convenient transport system in the country. The government plans to build 27 four-lane highways across the country. Accordingly, it plans to build a straight road between Porbandar to Kolkata, Kanyakumari to Srinagar, Rameswaram to Dehradun, Surat to Paradip Port, and Mangalore Port to Chennai Port.

• In 2016, the government launched the Bharatmala program, the Setu Bharatam program, the National Highways Interconnectivity Improvement Project and the Logistic Efficiency Enhancement Program (LEEP). Under the Bharatmala program, the government plans to build 7,000km of road to connect eastern parts of the country with the west, with an investment of INR900.0 billion (US$13.0 billion).

Table of Content: Key Points
1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
…Continued

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