India is on the verge of witnessing a sustained investment in infrastructure build up. With construction component accounting for 42% of the total investment in infrastructure, the construction industry has been witness to a strong growth wave powered by large spends in housing, road, ports, water supply and airports development. The construction sector has grown at a CAGR of 16.5% during the last seven years and now accounts for 6.9% of India’s GDP compared to 5.7% in FY00. The Planning Commission of India has proposed an investment of around US$ 500 bn in the Eleventh five-year plan (2007-2012), which is nearly 2.3 times more than the previous five-year plan.
