Largest and most profitable construction company- L&T
Real Estate

Largest and most profitable construction company- L&T

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.

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.

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