B2B drives market demand, with B2B spending representing 99.3% of total demand in 2021. Larsen & Toubro Ltd is the largest company in India, generating 10.3% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 19.8% of total production value in 2021. The total number of companies increases in 2021, to 46,980 units. The costs of the industry increase by 17% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.9% of turnover in 2021, the 15th highest regionally. With turnover of USD1.6 billion, India accounts for 0.2% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Architectural and Engineering Services in India: ISIC 7421. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Architectural and Engineering Services in India: ISIC 7421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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