DUBLIN--(BUSINESS WIRE)--The "Construction in India - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

The Indian construction industry is expected to register an annual growth of 15.9% in real terms in 2021, following a decline of 12.3% in 2020.

Despite the outbreak of the second wave of the Coronavirus (COVID-19) pandemic, the construction industry in India registered a year-on-year (Y-o-Y) growth of 68.3% in real terms in Q2 2021, according to the Ministry of Statistics and Programme Implementation (MoSPI).

The industry's growth in Q2 2021 can be attributed to the very low base effect of Q2 2020, when the industry registered an unprecedented decline of 49.5% YoY during that quarter, owing to the nation-wide lockdown and restrictions on travel. Additionally, the industry's output in Q2 2021 was supported by an improvement in manufacturing activity, coupled with strong construction activity in the road and highways sector.

In the second half of 2021, the industry's output will be supported by the reopening of the economy and an expected improvement in investor and consumer confidence. Additionally, the government's preparations to tackle the possible emergence of the third wave of COVID-19 during the current festival season will drive investment on healthcare buildings in H2 2021.

In June 2021, the government approved the INR500 billion (US$6.5 billion) Loan Guarantee Scheme for COVID Affected Sectors (LGSCAS), to provide financial guarantees for building new healthcare projects and upgrading existing facilities. A project can be awarded a maximum loan of up to INR1 billion (US$13 million), with interest rates capped at 7.95%.

The publisher expects the Indian construction industry to register an average annual growth of 6.4% between 2022 and 2025, supported by investments on the INR111 trillion (US$1.5 trillion) National Infrastructure Pipeline (NIP) during Fiscal Year (FY) 2020-2025 (April 2019 to March 2025).

To raise additional financing to implement infrastructure projects, the government launched the National Monetisation Pipeline (NMP) in August 2021. The plan focuses on raising financing from the private sector by leasing out state-owned infrastructure assets between FY2021/2022 and FY2024/2025 and investing the revenue generated through this transfer on new infrastructure projects.

According to the MoSPI, India had a pipeline of 1,781 projects, worth INR27.3 trillion (US$355.3 billion), as of 1st August, 2021, with the sectors having the highest number of projects including the road transport and highway, railways, petroleum, coal, power and water resources sectors.

Scope

• Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in India, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
• Listings of major projects, in addition to details of leading contractors and consultants

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 COVID-19 Status

3.5 Risk Profile

4 Construction Outlook

4.1 All Construction

• Outlook
• Latest news and developments
• Construction Projects Momentum Index

4.2 Commercial Construction

• Outlook
• Project analytics
• Latest news and developments

4.3 Industrial Construction

• Outlook
• Project analytics
• Latest news and developments

4.4 Infrastructure Construction

• Outlook
• Project analytics
• Latest news and developments

4.5 Energy and Utilities Construction

• Outlook
• Project analytics
• Latest news and developments

4.6 Institutional Construction

• Outlook
• Project analytics
• Latest news and developments

4.7 Residential Construction

• Outlook
• Project analytics
• Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

For more information about this report visit https://www.researchandmarkets.com/r/rm23pp

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