India Building Tenders

India's construction industry is a significant sector of the economy, contributing approximately 11% to the country's GDP. In 2022, the market was valued at ₹13.9 trillion (US$180 billion). The industry is expected to experience strong growth in the coming years, with a projected CAGR of 7.5% from 2023 to 2027. This growth will be driven by factors such as rapid urbanization, infrastructure investment, government initiatives, and increasing demand for residential and commercial properties.

India Building Government Procurement
The Indian government is a major procurer of construction products and services. In 2021-22, the government spent ₹8.28 trillion (US$105 billion) on construction procurement. The government is committed to sustainable procurement practices and is promoting the use of energy-efficient and environmentally friendly construction products.

The main building products and services procured by the India:
Clay bricks
fly ash bricks
steel bars
cement
locally sourced stone.
Construction site management
logistics and transportation
labor recruitment
project financing
post-construction maintenance.

Top Authorities for India Building Procurement
The Ministry of Housing and Urban Affairs (MoHUA) is the lead authority for construction procurement in India. Other key authorities include the Ministry of Road Transport and Highways (MoRTH), the Ministry of Railways (MoR), and the Ministry of Defence (MoD).

Top Winners of India Building Procurement
The top winners of construction procurement contracts in India are a mix of local and international construction companies. The top 10 companies account for over 60% of the total value of procurement contracts. The top winners include Larsen & Toubro (L&T), National Buildings Construction Corporation (NBCC), Afcons Infrastructure, Shapoorji Pallonji, and GMR Infrastructure.


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