[2028] India Construction Market Update, Overview, Data, Forecast
India construction market is anticipated to grow with an impressive CAGR in the forecast period, 2024-2028, on the account of increasing investment in the sector. Expansion of the construction industry is also dependent on the growing need for the housing and accommodations for the population. Rising population of the country and growing demand for government-aided accommodations, further drive the growth of the India construction market in the upcoming five years. With rising concerns over availability of the construction materials and price inflation due to COVID-19, the industry was drastically affected that is expected to reinstate its growth in the next five years along with the government funding through Union Budget 2022. Growing Demand For Building Infrastructure Promises Market Growth Rapidly increasing demands for the residential buildings and other infrastructure is majorly responsible for the growth of the India construction market in the upcoming five years. R...