India is one of the fastest growing economies in the world. Consequently, the need for infrastructure facilities is ever growing, across sectors. The development of adequate infrastructure has been identified as the most critical prerequisite for sustaining the current growth momentum of the economy and to ensure inclusiveness of the growth process. One of the key priorities of India’s growth is infrastructure.
India is on the verge of witnessing a sustained growth in infrastructure build up. The construction industry has been a witness to a strong growth wave powered by large spends in housing, road, ports, water supply and airport development. The construction sector has registered double digit growth during the last few years and its share as a percentage of GDP has increased considerably as compared to the last decade.
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