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The Construction Industry in India - April 2007
India's infrastructure industry is currently going through unprecedented boom phase, largely due to the growth of the economy which is pegged to rise by 8- 9% annually. India needs to invest substantially to support such a growth in the infrastructure sector - Roads, Airports, Ports, Power and Transport Systems.
The infrastructure sector has seen major developments in the last 4 years but there is still a long way to go. India requires a total investment of £170 Bn - £185 Bn by 2012. With over £105 Bn investments promised by various private players in the next 5 years, India's infrastructure is set to improve rapidly with an estimated CAGR of 15%. India needs investments £37 Bn (Source: FICCIWorld Bank Report) every year for the next 5 years to support the planned infrastructure enhancement activities.
Source: UK Trade & Investment
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Overview of the Engineering Sector In India - April 2007
Mechanical engineering industry in India is showing rapid advancements in every sphere of the economy with Indian companies forging ahead in making of defense equipments, aircrafts, sleekly designed cars, vehicles and various industrial devices.
The name technology is now closely associated with mechanical engineering because of its vital contribution to this. Urban development with building of bridges and flyovers, dams etc all requires the contribution of Indian Mechanical Engineering Industry.
Source: INDO-ITALIAN Chamber of Commerce and Industry
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Construction Sector: Business Plan - 2007/08 - December 2006
The remit of the Construction Sector Team within the Sector Group (SG) of UK Trade & Investment (UKTI), covers roads, bridges, tunnels; dams; architecture; residential, commercial and industrial buildings; regeneration; building products; and building services.
The team is also responsible for maintaining relationships with key construction trade associations and institutes that have a significant focus on export. Other sector teams within ISG are responsible for infrastructure such as mass transport (rail, ports, airports), power and water. The Construction Sector Team works closely with these other units where there is a cross-over of interests.
Source: UK Trade & Investment
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Construction Report - February 2006
The size of the construction industry in India is worth over USD 25 billion (£15 billion) and accounts for more than 6% of GDP. It is also the largest employer in the country after agriculture sector, employing approximately 18 million people. This number would be far larger if the numbers employed by industries such as steel and cement were also included.
India is the second most populous country in the world with over 1 billion people and constitutes 16% of the world's population. There has been a significant growth of the urban population over the past decade. For example, there are:
6 cities with over 4 million (Delhi, Mumbai, Chennai, Kolkata, Bangalore and Hyderabad);
23 metro cities with over 1million; and
300 towns with up to 0.1 million
India is also the 7th largest country in the world and the second largest in Asia with a landmass of 3.29 million square km. The need for adequate transport infrastructure is therefore vital. The Indian government has attached a high priority to building and investing in the transport infrastructure sector, particularly in roads, ports, railways and airports.
Source: UK Trade & Investment
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Indian Construction Sector - January 2006
Infrastructure sector pegged to grow at 15 per cent p.a
Infrastructure development in India has set off in a major way in the last two years and is witnessing impressive growth across various segments. A recent study indicates that India would be merely scratching the surface of the potential infrastructure opportunity with US$ 191.51 billion of investments committed over the next five years. The sector is estimated to grow at a CAGR of 15 per cent over the next few years.
Source: India Brand Equity Foundation (IBEF)
Indian Construction: on a roll - October 2005
Construction of several world-class malls, offices and residential buildings in Gurgaon, Bangalore and Hyderabad have proved that Indian firms are capable of achieving global quality norms in construction.
What is also working in the favour of Indian construction companies is the nature of the business: projects are intensely labour intensive, and wages (especially white collar wages) form a substantial proportion of costs. This is where Indian firms have an edge.
Source: India Brand Equity Foundation (IBEF)
INFRASTRUCTURE, Bangalore: Retaining its cutting edge - August 2005
A year back there were concerns that the word 'Bangalored' was going to acquire another meaning besides referring to workers in the west, particularly the US, being laid off because their jobs have moved to the southern Indian city. The new meaning proposed was that of a city's infrastructure, unable to cope with the growth in population and business, caving in. The concerns were but natural.
Bangalore's economic output has grown by 11.7% a year over the last decade, making it one of India's fastest growing cities. More than 100 companies, including 50 of the world's top Information Technology (IT) firms, outsource work from the city.
Source: India Brand Equity Foundation (IBEF)
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The Indian Cement Industry - December 2004
The Indian cement industry with a total capacity of 151.2 million tonnes (including mini plants) in March 2003 has emerged as the second largest market after China, surpassing developed nations like the USA and Japan. Per capita consumption has increased from 28 kg in 1980-81 to 110 kg in 2003-04. In relative terms, India's average consumption is still low and the process of catching up with international averages will drive future growth.
Source: India Brand Equity Foundation (IBEF)
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