India’s Top 10 Construction Companies for 2024
There is no doubt that Indian construction companies are a major contributor to the country’s GDP. However, several companies are playing a wider role in the construction.
But there are only a few of those who can make themselves towards the Top 10 Construction Companies in India in 2024. In turn, before going with uncovering the Top 10 Construction Companies in India 2024 let us give you the stats.
The market size and growth
It has been found that the Indian construction industry is massive, valued at around USD 639 billion and it is projected in the coming years.
Employment
It has been found that Indian construction companies are also rolling up jobs. This means it can go over 70 million people as of 2023 and is even expected to reach a higher number.
What is the future outlook?
When it comes to industry reach a staggering $1.4 trillion by 2025, this indicates sustainable growth. But this growth is driven by multiple factors urbanization, infrastructural development etc.
Hence by considering all of these factors, now it is time for you to determine the Top 10 Construction Companies in India in 2024.
Determining the Top 10 Construction Companies in India 2024
Different companies are ruling construction companies in India in 2024. But as we stated above only a few of those can take themselves on top.
Hence, here is the complete list of the top 10 construction companies in India.
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Larsen & Toubro (L&T) Construction
The top name among the top 10 construction companies in India is Larsen & Toubro (L&T) Construction. They are determined to be one of the giants in the construction industry.
They were established in 1947 and from then till today they are recognized as the top constructors.
Mainly they are known for their expertise and even executing large to complex infrastructure projects.
It has been found that they have been determined to shape the construction industry.
They make use of the latest and advanced technologies and even sustainable practices to work and deliver effective results.
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Tata Projects Ltd
Tata Projects Ltd is another major player in Indian engineering and is determined to be the top construction company. They are known to be a subsidiary of Tata Group.
Mainly Tata Projects Ltd was founded in 1979 and from then has been playing a vital role in shaping up the industry.
They have years of experience and they have also completed numerous projects- on a large scale (India and globally).
Further, they are also committed to sustainable practices as well. They are known to incorporate innovative technologies that can help construction to become successful and for longer years.
In turn, they are determined to be the top 10 construction companies in India
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Shapoorji Pallonji Group
The construction industry is shaping and this is because of the new players, but even with the older players too. Among these, Shapoorji Pallonji Group is one of the top leaders established in 1865.
They have their headquarters in Mumbai. In turn, they have diversified business interests across various sectors.
The group operated in more than 60 countries and with a strong workforce i.e. around 60,000.
Shapoorji Pallonji Group’s expertise has made them deliver the finest projects that are executing complex infrastructure and construction projects.
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GMR Group
The top 10 construction companies in India have contributed to shaping the country and delivering ease to individuals.
Among the top 10, GMR Group has also maintained their position. GMR Group was founded in 1978 and the group has established itself as the top player within the construction industry.
In addition, GMR Group even comprised of several subsidiaries as well and has a global presence too.
They are known to manage global projects as well as beyond Indian borders.
No doubt, GMR Group have played a vital role in shaping up country’s infrastructure.
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Hindustan Construction Company (HCC)
HCC is found to be one of the leading construction companies in India with its headquarters in Mumbai.
Founded in 1926, by industrialist Seth Walchand Hirachand and he made HCC to be the major player among the top 10 contenders.
They specialize in a wide range of engineering and construction services like dams, tunnels, bridges and more.
Upon research, it was found that HCC has contributed a major contribution towards building some impressive infrastructure projects.
HCC therefore is one of the reputed names in the Indian construction industry.
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Gammon India
When you are looking to determine the top 10 construction companies in India then you cannot miss out on finding about Gammon India.
Founded in 1922 by John C. Gammon, they have been following up the rich history of building Indian infrastructure.
They have years of experience in delivering something good and this has led to being on top.
In addition, we have found out that they are a leading player in civil engineering construction.
Since then, Gammon has been known for their finest quality and this also includes timely delivery. Along with other top 10 construction companies in India, Gammon is playing a significant role in shaping Indian infrastructure.
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Punj Lloyd
Punj Lloyd has a strong presence in the engineering and construction sector. They are known to be the major player because of their delivery and finest result as per requirements.
Apart from other construction abilities, they hold efficiency in the defence sector as well.
Majorly, Punj Lloyd operates across the Middle East, Africa, Asia, South Asia and even Europe. This indicates they have a network across 50 countries.
The company has its headquarters in Gurugram, Haryana, India. In turn they have contributed their infrastructure skills in India and internationally as well.
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IVRCL
IVRCL is one of the top companies operating since 1987 as they undertake different projects that mainly include water, transport, construction and more.
With their extensive service, they are determined to be among the top 10 construction companies in India.
As they have a long history of completing various infrastructure projects as well. What makes them to be the best is that they were not limited to one project but many.
The company has also received numerous awards for their work that majorly includes safety, environmentally friendly practices and even growth.
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Simplex Infrastructure Ltd.
Simplex Infrastructure Ltd. Is indeed one of the top construction companies in India. They were established in 1924 and have their headquarters in Kolkata, India.
They specialise in various infrastructure projects like transport, energy, power, building, real estate and more.
Simplex Infrastructure Ltd. has been in the market for many years now. They have served different projects and with a proven track record. However, their experience in multiple sectors is what makes them to be one of the most proficient construction companies in India. furthermore, they are known for their quality and innovation as well as work on latest trends and technologies.
Jaypee Group
Jaypee Group is also another top construction company in India in 2024. The company was founded in 1979 and has a long history of construction.
They are also one of those taken under different projects as hold expertise in delivering the best project across.
Jaypee Group has been recognized as among the top 10 construction companies in India. in addition, it has been found that they have a strong legacy in Indian construction as well.
This makes them to be on top and ranking within the top 10 companies.
Conclusion
Choosing the right construction companies has become difficult these days. You have to struggle a lot to find the best one, but if you have been struggling for quite long struggling, to find the best and top 10 construction companies in India 2024 then here we are to solve the problem.
Also Read: Top 10 Construction Companies in UK in 2024
