The Construction industry in India consists of the Real estate as well as the Urban development segment. The Real estate segment covers residential, office, retail, hotels and leisure parks, among others. While Urban development segment broadly consists of sub-segments such as Water supply, Sanitation, Urban transport, Schools, and Healthcare.
The Construction industry in value terms is expected to record a CAGR of 15.7% to reach US $738.5 bn by 2022. This can be credited with the leading construction companies.
The following are the top construction companies in India
Larsen and Turbo
Headquartered in Mumbai, Larsen & Toubro Limited is one of the largest and most respected companies in India’s private sector. With over 80 years of a strong, customer focused approach and a continuous quest for world-class quality, L&T has unmatched capabilities across Technology, Engineering, Construction and Manufacturing, and maintains a leadership in all its major lines of business.
The company has a strong heritage of professionalism that places the highest value on merit and integrity. L&T’s technology strength constitutes a strategic mix of in-house Research & Development and the expertise of its joint venture partners.
Tata Projects Ltd
Tata Projects is one of the fastest growing and most admired infrastructure companies in India. It has expertise in executing large and complex urban and industrial infrastructure projects.
The company provides turnkey solutions for the construction of roads, bridges, fully integrated rail & metro systems, commercial building & airports and setting up power generation plants, power transmission & distribution systems, chemical process plants, water and waste management and complete mining and metal purification systems.
The company is driven to deliver projects on time using world-class management techniques and has uncompromising standards of safety and sustainability. Over the years, Tata Projects has grown from a turnover of INR 34,440 million in FY 2015 to INR 1,30,000 million in FY 19 (Projected).
Ircon International Limited (IRCON)
Ircon International Limited is a government company incorporated by the central government. It is a specialized construction organization covering the entire spectrum of construction activities and services.
It is a public-sector turnkey infrastructure company based in New Delhi; claims to be the third-largest construction company in India; areas of activity: railways, railway electrification, roads, residential complexes, airport runways, leasing locomotives.
The Jaypee Group is a crore well diversified infrastructural industrial conglomerate in India. Over the decades it has maintained its salience with leadership in its chosen line of businesses
Transforming challenges into opportunities has been the hallmark of the Jaypee Group, ever since its inception five decades ago. The Group is a diversified infrastructure conglomerate with business interests in Engineering & Construction, Cement, Power, Real Estate, Expressways, Fertilizer, Hospitality, Healthcare, Sports, Information Technology and Education (not-for-profit).