The Govt to provide much-required support to the construction sector
ECONOMY & POLICY

The Govt to provide much-required support to the construction sector

Infrastructure is a key driver for the economy, responsible for the overall development and growth of the Indian construction industry. It broadly consists of two major segments: real estate and urban development. While the real-estate segment includes residential buildings, commercial and retail spaces, hotels and so on, the urban development segment pertains to infrastructure development of water supply, transportation, educational complexes, solid waste management, etc. As per a global survey, the construction industry in India is expected to grow steadily and the growth momentum is expected to continue to rise, thereby recording a compound annual growth rate (CAGR) of 11.7 per cent during 2021-2025. The survey further envisaged an output of $ 842,535.2 million by 2025.

Click here to read more…

Infrastructure is a key driver for the economy, responsible for the overall development and growth of the Indian construction industry. It broadly consists of two major segments: real estate and urban development. While the real-estate segment includes residential buildings, commercial and retail spaces, hotels and so on, the urban development segment pertains to infrastructure development of water supply, transportation, educational complexes, solid waste management, etc. As per a global survey, the construction industry in India is expected to grow steadily and the growth momentum is expected to continue to rise, thereby recording a compound annual growth rate (CAGR) of 11.7 per cent during 2021-2025. The survey further envisaged an output of $ 842,535.2 million by 2025.Click here to read more…

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?