The Construction industry of India Today, India is the second fastest growing economy in the world.

The Indian construction industry is an integral part of the economy and a conduit for a substantial part of its development investment, is poised for growth on account of industrialization, urbanization, economic development and people's rising expectations for improved quality of living. In India, construction is the second largest economic activity after agriculture. Construction accounts for nearly 65 per cent of the total investment in infrastructure and is expected to be the biggest beneficiary of the surge in infrastructure investment over the next five years.

The Construction industry of India is an important indicator of the development as it creates investment opportunities across various related sectors. The construction industry has contributed an estimated 3,84,282 crore to the national GDP in 2010-11 (a share of around 8.The sector is labor-intensive and, including indirect jobs, provides employment to more than 35 million people Indias construction sector is also the second largest employer in the country following agriculture, having 18 million workers directly and 14 million indirectly. Exports constitute about 5% of the size of domestic market that include construction materials, services and cheap labor. The sector is labour intensive and, includingindirect jobs, provides employment to around 33 million people. It is estimated that about 70 per cent of these are employed in the infrastructure segment and the remaining 30 per cent in the real estate segment. The country's main international trading partners in this sector are the Middle East, Africa, and Malaysia.

Investment in the infrastructure as a percentage of GDP has increased from 4.5% in FY04 to 7.9% in FY11. According to industry estimates, the industry is expected to generate additional employment of 47 million, with the total number of persons employed in the sector reaching 83 million persons by 2022.

Industry Segments

REAL ESTATE Residential (Housing & Development) Industrial (Industrial Parks, Factories, Plants, etc.) Corporate (Office, Research Centres) Commercial (Retail: Malls, Shops, Showrooms; Hotels; etc. ) INFRASTRUCTURE Roads Railways Urban infrastructure (improved housing, water supply, sanitation, schools, universities, health & security, etc.) Ports Airports Power

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