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Top 10 Construction companies in India for 2024

Last Updated on February 25, 2024 by Admin

The construction industry in India is rapidly growing and transforming. To stay ahead of the competition, it’s essential to know who the top players are and what they offer. In this article, we will be discussing the Top 10 Construction companies in India for 2024.

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Construction in India is divided into two segments, Real estate, and urban development. The real estate segment includes residential, commercial, retail, hotels, and leisure parks. The Urban Development segment has sub-segments like Water Supply, Sanitation, Urban Transport, Schools, and Healthcare.

Indian Construction Industry Scenario

As mentioned by the Investindia website, the construction Industry in India is expected to reach $1.4 Tn by 2025

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  • Cities Driving Growth – Urban population to contribute 75% of GDP (63% present), and 68 cities will have a population of more than one mn.
  • The construction industry market in India works across 250 sub-sectors with linkages across sectors.
  • The Real Estate Industry in India is expected to reach $1 Tn by 2030 and will contribute 13% to India’s GDP
  • Residential– By 2030, more than 40% of the population is expected to live in urban India (33% today), creating a demand for 25 Mn additional mid-end and affordable units.
  • Under NIP, India has an investment budget of $1.4 Tn on infrastructure – 24% on renewable energy, 19% on roads & highways, 16% on urban infrastructure, and 13% on railways.
  • Schemes such as the revolutionary Smart City Mission (target 100 cities) are expected to improve quality of life through modernized/technology-driven urban planning.
  • The Industrial & Logistics sector has attracted about $144 mn of investment across greenfield and brownfield assets led by global investors, with a major share of 63% followed by domestic players during January-September 2022.

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Factors Driving the Growth

Following are some factors driving the growth in the construction sector in India.

Need for Affordable Housing

By 2030, more than 40% of the Indian population is expected to live in urban India (34% today), which will likely create a demand for 25 million additional affordable units.

Adoption of Green Building Solutions

As cities grow, their energy demand for powering buildings will increase, making measures such as the Energy Conservation Building Code (ECBC) extremely important. Green building materials, energy-efficient HVAC, and lighting systems are at the forefront of the new paradigm.

Technology/AI Shaping the Industry

Cost efficiencies, faster construction, and higher quality are driving the implementation of techniques such as aluminum formwork, prefabricated buildings, building information modeling (BIM), etc.

Top 10 Construction companies in India

It’s no secret that the construction industry is one of India’s most important sectors. From roads and bridges to skyscrapers and housing, the construction sector contributes significantly to the country’s economic development.

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So, who are the top construction companies in India leading the way in this space? Read on as we take a closer look at these top 10 construction companies in India.

*Note: This is not a ranking. This list is not based on any selection criteria. The list is only for information purposes. We have collected this data from the internet.

1. L&T Engineering & Construction Division (L&T ECC), Chennai

Over the past seven decades, L&T Construction, India’s largest construction organization and ranked among the world’s top 30 contractors, has transformed cityscapes and landscapes over structures of immense size and grandeur.

L&T ECC is one of the leading construction company names in India. Its capabilities span the entire gamut of construction – civil, mechanical, electrical, and instrumentation engineering – and its services extend to all core sector industries and infrastructure projects.

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2. Tata Projects Ltd, Mumbai

Tata Projects is one of India’s fastest-growing and most admired infrastructure companies. It is one of the top construction company names in India. It has expertise in executing large and complex urban and industrial infrastructure projects.

The Company provides turnkey solutions for constructing roads, bridges, fully integrated rail & metro systems, commercial buildings & airports, setting up power generation plants, power transmission & distribution systems, chemical process plants, water and waste management, and complete mining and metal purification systems.

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  • Address: One Boulevard. Lake Boulevard Road, Hiranandani Business Park, 2nd, 3rd, 4th floors, Hiranandani Gardens, MHADA Colony 19, Powai, Mumbai, Maharashtra 400076
  • Phone: 022 6625 5600
  • Website: http://www.tataprojects.com/
  • Career Page: Click here

3. Shapoorji Pallonji Engineering & Construction (SP E&C), Mumbai

SPCL is a well-diversified business house with clients in over 60 countries, delivering complex and challenging projects for over 150 years. SPCL operates in 6 major business areas with 13 group companies and a team member base of over 60,000 people from 40+ nationalities.

  • Address: Shapoorji Pallonji And Company  Private Limited S.P. Centre, 41/44,  Minoo Desai Marg,  Colaba, Mumbai – 400005  Maharashtra, India.
  • Phone:  +91-22-67490000
  • Website: https://www.shapoorjipallonji.com/
  • Career Page: Click here

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4. GMR Group, Mumbai

Explore GMR Group, its businesses, vision, impact, and more. GMR Group is a top global player committed to creating an institution in perpetuity. It is one of the leading construction company names in India.

  • Address: 7th Floor, Naman Centre, Plot No C-31, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra 400051
  • Phone: 022 4202 8000
  • Website: http://www.gmrgroup.in/
  • Career Page: Click here

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5. Hindustan Construction Company (HCC), Mumbai

H.C.C. Group delivers world-class engineering & construction services. H.C.C. is the pioneer in the Indian infrastructure industry. It is one of the top construction company names in India.

H.C.C. is responsible for landmark projects that have defined the country’s progress. With the continuing legacy of innovation, H.C.C. achieves new milestones with every endeavor. Surging ahead with presence in multiple sectors and involvement in revolutionary projects, H.C.C. creates opportunities for everyone.

  • Address: Hindustan Construction Co. Ltd. Hincon House, L.B.S. Marg,  Vikhroli (W), Mumbai – 400083
  • Email: contactus@hccindia.com
  • Phone: +91 22 2575 1000
  • Fax: +91 22 25775732
  • Website: http://www.hccindia.com/
  • Career Page: Click here

6. Afcons Infrastructure Limited, Mumbai

Today, Afcons Infrastructure Limited is part of the Shapoorji Pallonji Group, India’s second-largest Engineering & Construction group. It stands proudly as one of India’s top infrastructure development companies, with its presence in various parts of the world.

  • Address: Afcons House, 16, Veera Desai Road, Azad Nagar, Andheri West, Mumbai, Maharashtra 400053
  • Phone: 022 6719 1000
  • Website: https://www.afcons.com/
  • Career Page: Click here

7. J.M.C. Projects, Mumbai

J.M.C. Projects thrives on its technical capabilities, built over the last several years, and strong willpower to provide value to customers. This is the premise for establishing a culture of engagement in J.M.C.’s credo.

Perfecting past knowledge and recapitulating this expertise makes us perform better & faster. Collaborative engagement pro-creates innovation, which ultimately creates a better & sustainable future. This underlines that J.M.C.’s pursuit of excellence is just a manifestation of achieving customer delight.

  • Address: 6th Floor, Kalpataru Synergy, Opp. Grand Hyatt, Santacruz (East), Mumbai 400 055
  • Phone.: +91 22 3005 1500;   Fax: +91 22 3005 1555
  • Email: mumbai@jmcprojects.com
  • Website: https://www.jmcprojects.com/
  • Career Page: Click here

8. NCC Limited.

Nagarjuna Construction Company (NCC) Ltd was founded in 1978 as a partnership firm by Padma Sri Awardee Dr. AVS Raju (Founder and Chairman Emeritus). NCC became a limited company in 1990, and was listed on National Stock Exchange in 1992. The Company today stands number two among listed construction companies in India with an annual turnover of Rs. 12,896 crores (FY 18-19).

The Company has a well-diversified business portfolio with a foothold in every segment of the construction sector with the following Business Verticals: Buildings & Housings / Roads / Electrical / Water & Environment / Irrigation / Railways / Power / Metals / Mining.

  • Address: ‘NCC House’ Madhapur Hyderabad 500 081 INDIA
  • Phone.:
  • Email: info@nccltd.in
  • Website: http://www.ncclimited.com
  • Career Page: Click here

Read About;

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9. J Kumar Infra, Mumbai

J Kumar Infra company was founded over a hundred years ago: providing superior service to our clients, putting safety first, creating opportunities for our people, delivering exceptional work. It is one of the top construction company names in India.  Their businesses are in Transportation engineering, Civil construction, Irrigation, and Piling.

  • Address: 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (West), Mumbai Maharashtra 400053
  • Phone: 022-67743555 022-26730291
  • Email: info@jkumar.com
  • Website: http://www.jkumar.com/
  • Career Page: Click here

Read About 12 Innovations in Green Construction Technology Happening Today

10. Ashoka Buildcon, Nashik

Ashoka Buildcon Ltd. is one of India’s leading road and highway developers. The Company is an integrated E.P.C. and B.O.T. player. It has a  portfolio of 36 P.P.P. projects, the largest by any private player in India. Besides constructing highways and bridges, the Company is also engaged in Power Transmission and Distribution on an E.P.C. basis.

  • Address: S.No – 861, Ashoka House, Ashoka Marg, Ashoka Nagar, Nashik, Maharashtra 422011.
  • Phone: 022 67399700
  • Email: hrd@ashokabuildcon.com
  • Website: https://ashokabuildcon.com/
  • Career Page: Click here

Conclusion

The construction industry in India has seen substantial growth, and in 2024, discerning the top 10 and top 20 construction companies has become a topic of interest for many. The list of the top 10 construction companies in India in 2024 highlights firms that have excelled in infrastructure development, both domestically and internationally. This list is closely followed by the broader list of the top 20 construction companies in India in 2024, showcasing firms that have significantly contributed to the country’s development.

Expanding the scope, the top 100 construction companies in India encompass a wide range of enterprises known for their remarkable projects and consistent quality. These companies are often the go-to choices for aspiring professionals, as many of these firms are recognized as the top construction companies in India for freshers, offering excellent career opportunities.

Globally, the top 10 construction companies in the world demonstrate exceptional engineering feats and innovative construction techniques. This global perspective provides an interesting comparison with the top 50 construction companies in India, a list that includes both well-established players and emerging leaders in the sector.

Among these, the Hindustan Construction Company stands out as a prominent name, known for its diverse portfolio and significant contributions to India’s infrastructure.

For those seeking comprehensive information, resources such as the list of construction companies in India in PDF format are invaluable. These documents offer detailed insights and are particularly useful for industry analysis. Similarly, the top 10 construction companies in India PDF provides a concise and accessible overview of the industry leaders.

Focusing on regional strengths, the top 10 construction companies in Pune exemplify the city’s growth and the role of these firms in shaping its skyline.

Overall, the top construction companies in India represent a blend of expertise, innovation, and commitment to quality, playing a pivotal role in shaping the country’s infrastructure landscape.

India’s construction industry is booming, and the top 10 construction companies are leading the way. These ten companies represent a wide range of services, from large-scale infrastructure projects to smaller residential projects. Each company has strengths that stand out from the rest – its experience, expertise, or cutting-edge technology. With so much potential for growth in this sector, these top 10 construction companies will continue to be at the forefront of India’s development for many years.

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FAQs

Who is the No 1 construction company in India?

As of 2024, Larsen & Toubro is widely regarded as the number one construction company in India. Known for its diverse portfolio and significant contributions to major infrastructure projects, Larsen & Toubro has established itself as a leader in the construction sector in India through its innovation, quality, and scale of operations.

What is the most profitable construction company?

Globally, the title of the most profitable construction company often fluctuates between major international firms. Companies like Vinci (France), Bechtel (USA), and China State Construction Engineering Corporation have been recognized for their high profitability, driven by their extensive global projects and strategic operations.

How many construction companies are there in India?

India has a vast and varied construction industry, with estimates suggesting that there are over thousands of registered construction companies. This includes a mix of large-scale corporations, mid-sized companies, and numerous small and local firms, reflecting the diversity and breadth of the construction sector in India.

What is the world’s largest construction company?

The title of the world’s largest construction company is often subject to current market dynamics and project portfolios. As of the latest data, China State Construction Engineering Corporation (CSCEC) is frequently cited as the largest based on revenue and global reach. CSCEC has been involved in numerous large-scale infrastructure projects around the world.

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