The Indian construction sector records a 7% contraction in 2020, owing to the economic downturn caused by COVID-19 and declines in consumer and business confidence. Booming infrastructure spending will act as a key driver of the construction industry’s recovery and further growth. Recovering consumer and business confidence, alongside rebounding disposable incomes, the re-opening of the services sector and the roll-out of vaccinations, are projected to provide solid ground for residential and non-residential construction expansion. The industry is projected to see a swift recovery over 2020-2025, at an 11% CAGR, supported by expanding infrastructure expenditure, and rebounding commercial, industrial and residential construction.
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This Euromonitor industrial report provides unique information on Construction and Real Estate in India. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction and Real Estate in India report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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