Top 10 Companies Leading the Way in India’s Construction Industry in 2023
The construction industry in India is booming! With new infrastructure projects underway and a growing economy, there is a lot of opportunity for construction companies to make a name for themselves. But with so many options to choose from, it can be hard to know which construction company is the best fit for your needs.
These companies are all leaders in their field, with a proven track record of delivering quality projects on time and within budget. So if you’re looking for a construction company that can help you make your dream project a reality, look no further than this list!
To help you out, we’ve compiled a list of The Top 10 Construction Companies in India:
1. HCC Limited:
HCC Limited is one of the largest construction companies in India. Founded in 1926, the company has over 90 years of experience in the industry. HCC operates in a variety of sectors, including power, infrastructure, and real estate.
As of October 2022, HCC had a market capitalization of Rs. 5,309 crores (US$ 748 million). The company has an annual revenue of over Rs. 50 billion and employs more than 10,000 people. In recent years, HCC has been involved in some of the biggest construction projects in India, including the Mumbai Metro and the Delhi-Noida Expressway.
Looking to the future, HCC is well-positioned to take advantage of the growing demand for infrastructure development in India. The company has an ambitious growth plan for the next five years, which includes expanding its operations into new markets and increasing its revenues. With its strong track record and experienced team, HCC is poised for continued success in the years to come.
2. L&T Construction:
L&T Construction is one of the leading construction companies in India with a revenue of over Rs 30,000 crore in 2019-20. The company has a workforce of around 85,000 employees and has a presence in more than 30 countries. L&T Construction has been involved in some of the most prestigious construction projects in India, such as the Mumbai International Airport and the Delhi Metro.
The company is also working on several high-profile projects overseas, such as the King Abdullah Economic City in Saudi Arabia and the Singapore Sports Hub. With a strong order book and a diversified portfolio, L&T Construction is well-positioned to continue its growth trajectory in the coming years.
L&T Construction is one of the largest engineering and construction companies in India with over 60 years of experience in the industry. They have worked on some of the most iconic projects in India, such as the Mumbai International Airport and the Bandra-Worli Sea Link. L&T Construction is the perfect choice if you’re looking for a company that has the experience and expertise to handle your project.
3. Punj Lloyd:
Punj Lloyd is an Indian conglomerate and one of the largest Construction companies in India by revenue. It was founded in 1982 and has since grown to over 10,000 employees. The company has been involved in some of India’s most iconic construction projects, including the Mumbai International Airport and the Delhi Metro. These are only a few examples of our many contributions to modernizing India.
Punj Lloyd has also been expanding its operations internationally, with a presence in over 50 countries. In 2022, the company is aiming to achieve a revenue of $5 billion. To achieve this, Punj Lloyd plans to continue its aggressive expansion into new markets and sectors. The company is also focusing on increasing its share of the infrastructure market, which is estimated to grow to $1 trillion by 2025.
4. Sadbhav Engineering Ltd:
Sadbhav engineering is one of the Construction Companies in India. It was founded in the year 1994 to be a premier infrastructure development company in India. The company has a strong presence in various segments of the infrastructure sector, including highways, roads, bridges, irrigation, power, structures, and mining.
The company’s topline has grown at a CAGR of over 27% between FY09 and FY19. Between FY15 and FY19, Sadbhav’s PAT has grown at a CAGR of 22%. The order book as of March 31st, 2019 stood at Rs 33,880 crores which provides revenue visibility for the next 2-3 years.
As on June 30th, 2019, the employee count stood at 3491 people. The company’s focus on quality and safety has helped it win several awards and recognition from various bodies such as the National Safety Council of India (NSCI), the Indian Construction Industry (ICI) etc.
Looking forward, Construction Companies in India like Sadbhav Engineering will continue to play an important role in the country’s development. Given the government’s increasing focus on infrastructure development, Sadbhav is well-positioned to capitalize on opportunities in the sector.
5. Gammon India Limited:
Gammon India Limited is one of India’s leading engineering contractors with over 50 years of experience in the industry. They have completed major projects such as power plants, and dams,. If you’re looking for an experienced company that has worked on large-scale infrastructure projects, then Gammon India Limited is a great choice.
Gammon India Limited is one of the largest Construction Companies in India with a revenue of Rs 6 Crores. It was founded in 1922 by two British entrepreneurs, J. W. Gammon and A. H. Faber. The company has a workforce of over 12,000 employees. Gammon India has been involved in some of the biggest infrastructure projects in India including the Delhi Metro, Mumbai International Airport, and the Kolkata Metro.
The company is also currently working on the Delhi-Lucknow Tejas Express. Gammon India is a publicly listed company with a market capitalization of Rs 7 Crores as of March 2021. The company’s shares are traded on the Bombay Stock Exchange and the National Stock Exchange of India.
6. Shapoorji Pallonji & Co. Ltd.:
Shapoorji Pallonji is another leading construction company in India with over 150 years of experience in the industry. They have completed projects all over the world, including the Burj Khalifa in Dubai and the Palace of Westminster in London. Shapoorji Pallonji is the ideal company for anyone in search of a dependable and comprehensive service.
Shapoorji Pallonji & Co. Ltd. is one of the leading construction companies in India. Founded in 1865, the company has a rich history of executing large and complex projects. Today, Shapoorji Pallonji & Co. Ltd. is a publicly listed company with a strong presence in India and across the globe. The company reported revenue of INR 45.6 billion (US$ 624 million) in FY 2020-21 and has a workforce of over 12,000 employees.
Some of the notable projects undertaken by Shapoorji Pallonji & Co. Ltd. include the Mumbai Airport Terminal 2, the BSE International Exchange Tower, and the JW Marriott hotel in Mumbai. With a strong track record of delivering quality projects on time and within budget, Shapoorji Pallonji & Co. Ltd. is well-positioned to continue its growth trajectory in the coming years.
7. GMR Group:
The GMR Group is one of the leading construction companies in India. It was founded in 1978 by Grandhi Mallikarjuna Rao. Today, the GMR Group has a revenue of over Rs 30,000 crore and employs over 2 lakh people. The Group has a strong presence in sectors such as airport construction, power generation, roads and bridges, and SEZ development.
In addition to its many Construction Projects in India, the GMR Group has also been involved in several high-profile projects overseas, such as the $1.2 billion Delhi International Airport expansion project. With a track record of executing complex projects on time and within budget, the GMR Group is well-positioned to continue its growth trajectory in the coming years.
8. Tata Projects Limited:
Tata Projects Limited is a subsidiary of the Tata Group, one of India’s largest conglomerates. Founded in 1979, Tata Projects Limited is one of the leading engineering and construction companies in India. It has a workforce of over 12,000 employees and has completed projects in over 50 countries.
Tata Projects Limited has been involved in some of the biggest infrastructure projects in India, such as the Delhi Metro, Mumbai International Airport, and the Kolkata Metro. The company is also currently working on the Delhi-Lucknow Tejas Express. With its strong track record of delivering quality projects on time and within budget, Tata Projects Limited is well-positioned to continue its growth trajectory in the coming years.
9. Afcons Infrastructure Limited:
Afcons Infrastructure Limited is a subsidiary of Shapoorji Pallonji & Co. Ltd., so they have access to all of the same resources and expertise. They have worked on some of the largest infrastructure projects in India, such as the Mumbai Metro Rail Project and the Chennai Metro Rail Project. If you need a company to help with your infrastructure projects, then look no further than Afcons Infrastructure Limited.
Afcons Infrastructure Limited is one of the leading Construction Companies in India with a strong foundation in the Construction Industry. The company was founded in the year 1947 and has been providing world-class Construction services to its clients. Afcons Infrastructure Limited has a revenue of Rs. 6,999 crores and employs around 10,500 employees. The company has completed many prestigious projects such as the Mumbai International Airport, the Kolkata Metro, and the Delhi Metro.
Afcons Infrastructure Limited is a publicly listed company and its shares are traded on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company’s shares are also listed on the London Stock Exchange (LSE). Afcons Infrastructure Limited is one of the Construction Companies in India that is an active member of the Confederation of Indian Industry (CII) and Society for Indian Infrastructure Companies (SIIC). The company is headquartered in Mumbai, Maharashtra, and has its registered office in Kolkata, West Bengal.
Also Read:Â Top 10 Real Estate Companies in India
10. JMC Projects (India) Limited:
JMC Projects is one of India’s leading engineering and construction companies with over 30 years of experience in the industry. They have worked on some major projects such as hospitals, airports, and SEZs (special economic zones). JMC Projects has completed numerous complex projects and is therefore a great choice for your next project.
JMC Projects (India) Limited is a leading Construction Company in India with a strong presence in the infrastructure sector. The company was founded in 1986 and has since then completed many prestigious projects. JMC has an annual turnover of Rs 3500 crores and a workforce of over 10,000 employees. JMC has a wide range of expertise which includes roads, bridges, power plants, airports, and urban infrastructure.
The company has also been involved in the development of residential and commercial complexes. JMC has a strong commitment to quality and safety and has ISO 9001:2000 certification. The company has won many awards and accolades over the years, and it is well-positioned to continue its growth in the coming years.
Conclusion:
The above listed are the top 10 construction companies in India that you should consider for your next project. These companies have a proven track record of delivering quality projects on time and within budget. They also have the necessary experience and expertise to handle large-scale projects. So, if you are looking for a construction company that can get the job done right, then look no further than these 10 companies.
