Largest and most profitable construction company- L&T

03 Nov 2023 CW Team

The construction market in India is one of the top five largest construction markets in the world. Valued at $ 639 billion, the industry is anticipated to grow by a CAGR of 6 per cent during 2023-2028. It is expected to reach $ 1.4 trillion by 2025 as activities in the private and public sectors continue to receive a massive boost. The Indian construction industry ranks 3rd among the 13 major economic sectors and is the second-largest job creator after agriculture. It employs more than 51 million people and makes up 9 per cent of India’s GDP.

Consisting of industrial construction, residential construction, commercial construction, infrastructural construction, institutional construction, and energy and utilities construction, the market is largely spurred by real-estate and infrastructural projects. There is substantial opportunity to undertake complex and complicated projects, wherein the competing factor for construction majors will not only be cost-efficiency but also technological competence and efficiency.

To read the full story, CLICK HERE.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..