Top 10 Construction Companies in India
Construction companies in India employ approximately 51 million people, making them the second-largest employment provider after agriculture.
The Indian construction industry is classified into six categories: commercial, residential, industrial, transportation, building, energy and utility constructions. The report states that construction contributed INR 2.7 trillion to the GDP in January 2021.
By 2025, the value of commercial building construction is anticipated to grow at a CAGR of 16.1%. Between 2015 and 2019, the residential construction market saw value growth at a CAGR of 11.1%. By 2024, it is anticipated that India’s building construction market would grow at a 15% CAGR to reach INR 29,782.2 billion.
The country’s construction market is anticipated to become the third largest in the world by 2025, and construction output is anticipated to increase by an average of 7.1% annually.
The Indian government has approved 100% FDI through the automatic route for the country’s real estate market and construction development sector.
Over 170,000 construction companies operate in India, and there are over 100,000 of them internationally. So, choosing an industry that can meet the needs of the client is therefore difficult. To choose the best construction agency, consider these five essential factors.
- Local search is the most important thing. One must look up precise information, such as the company’s reachable address or whether it offers services in the appropriate places.
- The second step is to check over portfolios after choosing a possible building company to carry out the development procedure. Knowing this aids in selecting the ideal building firm.
- Third, keep an eye out for client testimonials. The process of gathering consumer feedback has become so easier in the transparent world of the internet era.
- A business ought to have a website. In addition to what the website’s owner asserts, one can obtain accurate information by examining customer reviews.
- There are implicit levels of specialisation in any business. One must determine whether the company’s current services satisfy their needs.
- Consideration of the company’s skill set when weighing choices ensures that the contractor can fulfil the requirements.
- Additionally, the clients are given a comprehensive understanding of any area of work in which the contractor specialises and which might be pertinent to the project.
- The last and most important factor for the clients is the proposal’s clarity. The client must carefully examine the proposal before choosing the service.
- Some of the provisions in the proposal might not apply to the clients. For this reason, clients must always ask any questions they may have before signing an agreement to avoid any misunderstandings later on.
Top 10 Construction Firms in India:
PBPL is a turnkey-based construction company that has been consistently working in PAN India for 18 years. PBPL has finished all civil construction and interior projects well ahead of schedule and with the highest calibre of work. It is the only company in PAN India that provides full services i.e. Civil, Interior, PEB(Pre-engineered Buildings), LGSF (Light Gauge Steel Frames), PUF Panels, Tensile, Solar Panels, Decking Sheet and related works (electrical, plumbing, fire fighting, HVAC). PBPL makes a plan for your needs and it does not give you a gimmick but a truthful reality.
The company is registered with CPWD (Central Public Works Department), DDA (Delhi Development Authority), NDMC (New Delhi Municipal Council), MES (Military Engineering Services), NDA (Noida Development Authority), Ircon ISL (Ircon Infrastructure & Services Limited) and UPSIDC (Uttar Pradesh State Industrial Development Corporation). The Chief Ministers of Uttarakhand, Delhi, and Haryana launched three projects in 2012, 2013 and 2019 respectively. With clear intentions for further brisk growth in the upcoming years, PBPL is already a powerful brand in construction and unquestionably one of the biggest. In order to meet the needs of its clients, PBPL stops at nothing. It takes great care to ensure the safety of its workers and staff. PBPL has completed more than 200 prestigious projects such as Sri Vishwakarma Skill University, Everest Industries Ltd., DTTDC, Central University of Kashmir, Pant Hospital, Greater Noida Industry, SD Biosensor New Factory and many more.
2. Larsen and Toubro Limited:
With interests in engineering, construction, manufacturing, technology and financial services, Larsen & Toubro Ltd. also known as L&T is a multinational company based in Mumbai. Two Danish engineers invented it and brought it to India. Over the previous seven decades, they have delivered beautiful cities and landscapes. Instrumentation, electrical and civil engineering are all areas in which they are experts. The core sector industries and all infrastructure-related projects conform to their services.
3. Reliance Infrastructure Limited:
An Indian private sector corporation with expertise in infrastructure, building and defence is Reliance Infrastructure Limited, formerly known as Reliance Energy Limited and Bombay Suburban Electric Supply. It is owned by the Anil Dhirubhai Ambani Group of Reliance. Known for its work in the generation, transmission, distribution and trading of power, Reliance Infrastructure Ltd. is a well-known utility company. In 1995-1996 the company experienced a period of significant growth following the completion of two 250 MW projects at Dahanu.
4. Shapoorji Pallonji & Co. Limited:
Frequently referred to as the Shapoorji Pallonji Group, Shapoorji Pallonji is an Indian Company with headquarters in Mumbai. A workforce of more than 70,000 people that prioritise safety under the leadership of more than 400 safety champions and the motto “Either Safe Work or Refusal” is the reason Shapoorji Pallonji has been successful in sustainable engineering.
Construction, home appliances, shipping, biotechnology and power generation are just a few of the industries the corporation works. The Company was started by Pallonji Mistry in 1857.
5. Hindustan Construction Co. Limited:
Hindustan Construction Firm Limited (HCC Limited) is an Indian Building firm with operations in management, real estate, infrastructure, urban development, engineering and construction.
Seth Walchand Hirachand formed HCC Ltd. a significant civil engineering and infrastructure company in 1926. HCC Ltd. carries out work on nuclear and hydroelectric power plants, motorways, highways, tunnels and bridges. At the moment, HCC provides services to the infrastructure sectors for transportation, power and water.
6. NCC Limited:
NCC is a civil construction business that works in industries like mining, railroads, metals, irrigation, buildings, water, highways, and electrical. It is also present in the Middle East, where it is currently engaged in construction projects involving water, structures, and roadways.
A division of NCC, NCC Urban is responsible for infrastructure projects such as the construction of integrated townships, serviced apartments, commercial and residential complexes. The business’s headquarters are in India, where AVS Raju launched it in 1978.
7. Dilip Buildcon Limited:
Dilip Buildcon Limited (DBL), based in Bhopal, is a large full-service infrastructure company with a presence in more than 17 states. Mr Dilip Suryavanshi established the company’s headquarters in Madhya Pradesh in 1987. Additionally, on July 12, 2006, the business was admitted to the Ministry of Corporate Affairs. It provides a sizable full-service infrastructure industry with expertise in building roads and bridges, sewage dams, irrigation systems, industrial and commercial buildings, mines and water sanitation systems. Due to its increasing revenues, the business is now among India’s top 10 civil construction firms.
8. Simplex Infrastructures Limited:
One of the most intriguing multinational businesses working on significant industrial and public infrastructure development is Simplex Infrastructures Limited (SIL). H.P. Lancaster of the United Kingdom founded the business on December 19, 1924, and the Mundra family of Kolkata eventually took it after India attained independence.
Urban Utilities, Ground Engineering, Power, and Industrial Homes & Buildings SIL offers a variety of services, including marine, roads, railroads, and bridges. Both domestically and abroad, the company has a wide geographic reach.
A multifaceted business, Simplex Infrastructures Limited was founded in 1924 and currently works on projects in many industries, including transportation, energy and power, mining, buildings, marine, real estate, and many more.
9. Sadbhav Engineering Limited:
Sadbhav Engineering Limited is an Indian Company that specialises in civil engineering and building. Gujarat’s Ahmedabad serves as the location of the corporate headquarters. Mr Vishnu Bhai M. Patel established the business in 1998. Construction of bridges, roads and highways, mines, and irrigation infrastructure support are among the projects that Sadhav has finished. The company’s sectors include EPC contracts and BOT. The company also specialises in the construction of earthen dams, syphons, canal rehabilitation and enhancement.
10. GMR Infrastructure Limited:
With its headquarters in New Delhi, the GMR group is a multinational company in India. GMR Infrastructure is one of many subsidiaries that make up the business, which was created by GM Rao in 1978. The team has completed several constructions in India. The organisation is active in many nations including Nepal, Singapore, the Philippines, Greece and Indonesia. Power, water supply, sewerage, effluent treatment, solid waste management, street lighting and landscaping are all aspects of the company’s vision for a top-notch infrastructure.