With construction as India’s largest industrial sector and second-largest employment source after agriculture, we bring to you a comprehensive list of the best construction companies in India.
As per projections, the construction industry will be growing at a CAGR of 11.7 percent between the years 2021 and 2025. It is anticipated that the country’s building production will reach an estimated US$ 842535.2 million by 2025.
With all this in mind, let’s take a look at the top contributors in the construction industry below.
Hindustan Construction Co. Ltd.
Founded in the year 1926, Hindustan Construction is one of the top companies in the country, with its segments in engineering, construction, real estate, urban development, and infrastructure. It provides solutions across various projects within these segments such as water, power, management, and transportation among others.
Larsen & Toubro
Founded in 1938 by Henning Holck-Larsen and Kristian Toubro, Larsen & Toubro is headquartered in Mumbai, Maharashtra, India. It deals in power, shipbuilding, heavy equipment, and electrical equipment. The company’s major services lie in construction, IT, financial services, and real estate. It has also formed a joint venture with Sapuracrest, Malaysia to provide offshore construction services.
Shapoorji Pallonji Group
Headquartered in Mumbai, India, Shapoorji Pallonji offers a wide variety of services including real estate, infrastructure, security systems, industrial engineering, appliances, and power. It has a strong workforce of 70,000+ individuals who are guided by the slogan of “Either Safe Work or Refusal’. With their 150-year long journey, SPRE has built a reputation by building some of the most iconic buildings in India that have stood the test of time. They are also one of the top construction companies internationally, with their sub-verticals, SP International and Oman Shapoorji Co. They are a mix of thoughtful design, long-lasting construction, and the best of engineering that speaks of strength and stability.
Macrotech Developers Pvt. Ltd. (Lodha Group)
Popularly known as the Lodha Group, Macrotech is a real estate giant based out of Mumbai, India, and started in 1980. The company deals in both residential and commercial projects and has partnered with different companies across Interior Design, Architecture, Services, Finance, and more.
Dilip Buildcon Pvt. Ltd.
One of the top 10 construction companies in India, Dilip Buildcon, based out of Bhopal, has its presence across 17 different states. It has worked across various different sectors including roads and bridges, urban development, mining, water sanitation, sewage dams, and more. It employs around 400-500 people and has a YoY growth rate of 17 percent with its revenue standing at INR 29,292 million.
Jaiprakash Associates Ltd.
Famously known as the Jaypee Group, the company was founded in 1979 and is based out of Noida, India. The company has various segments including engineering, construction, real estate, and cement. As one of the leading companies in construction and infrastructure, Jaypee aims to excel in every sector they operate in.
Other honorable mentions in this list would be of NCC Ltd., Simplex Infrastructure, and GMR Infrastructure, all of which have been setting benchmarks in construction in India.
Originally published at http://realestateandepc.wordpress.com on November 23, 2021.
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