Market Reports on India presents the latest report on “Market Report on Construction in India to 2020”. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-3896/construction-india.html . Due to industrialization, urbanization, a rise in disposable income and population growth the demand for construction services is set to rise.
26th Feb 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “Market Report on Construction in India to 2020”. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 5.65% over the forecast period; up from 2.95% during the review period (2011–2015).
Synopsis
India’s construction industry will continue to expand over the forecast period (2016–2020), with investments in residential, infrastructure and energy projects continuing to drive growth. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-3896/construction-india.html
Various government flagship programs – including 100 Smart Cities Mission, Housing for All, Atal Mission for Urban Rejuvenation and Transformation (AMRUT), Make in India and Power for All – will be the growth drivers.
The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 5.65% over the forecast period; up from 2.95% during the review period (2011–2015).
There are certain challenges associated with India’s construction industry outlook. Limited funding, slow policy reforms and a weak currency are factors that will continue to limit the growth potential during the early part of the forecast period.
Due to industrialization, urbanization, a rise in disposable income and population growth the demand for construction services is set to rise. Government efforts to improve the country’s residential and transport infrastructure will also support growth.
Summary
Construction in India – Key Trends and Opportunities to 2020 report...