Construction Market in India Outlook 2021: Big Things are Happening

HTF Market Intelligence released a new research report of 44 pages on title 'Construction in India - Key Trends and Opportunities to 2025’ with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia. The market Study is segmented by key regions that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

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Summary
Construction in India - Key Trends and Opportunities to 2025
Prior to the Coronavirus (COVID-19) outbreak, the Indian construction industry had posted growth of 3.4% for 2019 in real terms. However, with the disruptions caused by the COVID-19 outbreak and the subsequent lockdown measures, the industry has been severely impacted in 2020. According to the Ministry of Statistics and Programme Implementation (MOSPI), the Indian construction industry contracted by 8.6% year on year (YoY) in the third quarter of 2020 (the latest data available at the time of writing), following YoY declines of 50.3% in Q2 and 2.2% in Q1 2020.

Reflecting the disruptions caused by the pandemic, private investment in new commercial buildings, such as hotels, shopping malls and offices, and educational buildings is expected to suffer in the short term as these sectors have been heavily affected by the COVID-19 crisis. Also, with higher unemployment and uncertain economic conditions, the residential market will be weak, as demand for new properties will be heavily impacted.

HTF forecasts the construction industry to contract by 14.9% in 2020. However, assuming there will not be a repeat to the severe nationwide lockdowns in 2021 and the industry returns to normal operating conditions, there will be a sharp recovery in 2021, and during the remaining part of forecast period, the industry is expected to post an annual average growth of 6% in real terms, driven by the government efforts to boost the industry. The industry’s output will be supported by government’s focus on boosting infrastructure investments in particular. In August 2020, the Prime Minister announced that INR111 trillion (US$1.5 trillion) will be invested on 7,000 projects across various sectors during FY2020-2025, which will enable the faster revival of the economy and aid in boosting employment. The industry’s growth will also be supported by the government’s focus on boosting local manufacturing sector to become self-reliant and reduce dependency on imports. In addition, the government’s targets to construct 10 million affordable houses by 2022 and increase the share of renewable energy in total installed power capacity to 60% by 2030 will support the industry’s growth over the medium and long term.

This report provides detailed market analysis, information, and insights into the Indian construction industry, including -
- The Indian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in India. It provides -
- Historical (2015-2019) and forecast (2020-2024) valuations of the construction industry in India, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

- Identify and evaluate market opportunities using HTF's 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 HTF's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.

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Table of Contents
1 Executive Summary
2 Construction Industry: At-a-glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
4 Construction Outlook
4.1 All Construction
4.2 Commercial Construction
4.3 Industrial Construction
4.4 Infrastructure Construction
4.5 Energy and Utilities Construction
4.6 Institutional Construction
4.7 Residential Construction
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
....Continued

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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