Business

Top 10 Leading Construction Companies in India

India’s biggest industry is construction, and it’s the second biggest source of jobs after farming. In the next four quarters, India’s construction industry is expected to grow slowly. It helps the economy grow, creates jobs, and adds to the country’s GDP. Invest India predicts that by 2025, the construction industry in India will be worth $1.4 trillion. According to MGI in 2011, cities will generate 70% of India’s GDP by 2030. In India, the construction industry involves 250 smaller sectors that are connected to each other.

Today, we’ll explore top 10 leading construction companies in India.

What are the top 10 leading construction companies in India?

1. Larsen & Toubro Limited

Larsen & Toubro Limited

Larsen & Toubro Limited, known as L&T, is an Indian company. It does many things like engineering, building, making things, technology, and finance. The main office is in Chennai. L&T started in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.

By March 31, 2022, L&T had 93 smaller companies, 5 friend companies, 27 shared businesses, and 35 shared projects. They work in engineering, building, property, making big things, technology, and finance. On October 1, 2023, Shri. S N Subrahmanyan became the new boss of L&T.

2.  Reliance Infrastructure Limited

Reliance Infrastructure Limited, a part of the Reliance Group, started in 1929. It builds things like power plants, roads, and metro railways. It also works on projects for the army and takes care of roads and other important places. They did a big project called the Mumbai Metro line one. They built it and now run it.

Also, they’re a big energy company. They do lots of things related to energy, like making electricity and giving it to people. They do everything from making the energy to delivering it to homes and businesses.

3.  TATA Group

TATA

The TATA Group stands out as one of India’s top construction companies since 1868. It excels in various areas like refineries, petrochemicals, and real estate. The company actively tackles construction projects such as highways, bridges, railways, and airports, offering complete solutions. Operating in Mumbai, Gurgaon, Bangalore, Pune, Kolkata, Thane, Chennai, Bhubaneswar, Goa, Noida, Ahmedabad, and New Delhi, TATA Group focuses on medium to luxury residential developments, especially high-end apartments and flats.

4. Punj Lloyd Ltd

Punj Lloyd Limited, an Indian company, does engineering, procurement, and construction work for energy, infrastructure, and defense. Its turnover is $651 million, with twenty-four offices in different countries like the Middle East, Asia Pacific, and Europe. It has over 50 subsidiaries and has done projects in 60+ countries.

The company’s main office is in Gurgaon, Haryana. Its stocks trade on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Atul Punj, the chairman, started the company in 1982 under the name Punj Sons Private Limited. He later changed it to Punj Lloyd Limited in 1989.

5. Shapoorji Pallonji Group

Shapoorji Pallonji And Company Private Limited is a big company with 15 important companies. They do lots of different things in 6 areas like building and roads. They have over 35,000 workers in more than 40 countries. They work hard to make big buildings and famous places while also caring for the environment.

6. Macrotech Developers Pvt Ltd (Lodha Group)

Lodha or Macrotech Developers, previously called Lodha Developers, is an Indian company in Mumbai, India. Mangal Prabhat Lodha started it in 1980. They build homes and offices in Mumbai, Thane, Hyderabad, Pune, and London. Some famous projects are Lodha Altamount, The World Towers, Lodha Bellissimo, Trump Tower Mumbai, and Lodha Park.

They also made Palava, a smart city near Mumbai. The company’s name changed to Macrotech Developers on 19 April 2021. Its headquarters are still in Mumbai, India.

7. GMR Group

G M Rao began a small jute mill in 1978. Over thirty years later, he formed what is now called GMR Group. GMR is a major player in construction, with top projects in India and abroad. The group’s base is in New Delhi. They focus on growing sectors like Airports, Energy, Transportation, and Urban Infrastructure. GMR has grown quickly over three decades.

They have a wide range of experience. Using the Public Private Partnership model, they’ve completed many important projects in India. GMR is well-positioned to create modern projects that help in development.

8. Gammon India Limited

Gammon India Limited, founded by John C. Gammon in 1922 and headquartered in Mumbai, is among India’s largest civil engineering construction firms. It earned a performance bonus for completing the extradosed flyover before the 2010 Commonwealth Games in Delhi for the Delhi Metro Rail Corporation (DMRC). The company also received the Signature Bridge Project award from the Delhi Tourism and Transportation Development Corporation (DTTDC) for constructing a modern bridge and approach way. Valued at nearly Rs.10,000 million, this project aims to alleviate traffic congestion in Wazirabad, a heavily congested area in North Delhi.

9. Hindustan Construction Company Limited (HCC)

Hindustan Construction Company Limited (HCC) based in Mumbai, Maharashtra, is a leading figure in India’s infrastructure sector. Since 1926, they’ve shaped the nation’s progress through significant projects. Their focus on engineering and construction innovation remains steadfast, continually setting new benchmarks.

Year after year, they contribute to world-class infrastructure development, opening doors for all. HCC spearheads many of India’s key projects, such as 29% of its hydropower and over 65% of its nuclear power. They’ve also constructed 3,800 km of roads, 375 bridges, and 337 km of intricate tunnels, solidifying their reputation as a driving force in India’s infrastructure landscape.

10.  Jaypee Group

Jaypee Group, also called Jaiprakash Associates Limited, is an Indian construction company based in Noida, Uttar Pradesh. It has stayed important for many years by leading in its chosen businesses. Since it started fifty years ago, Jaypee Group has focused on turning challenges into opportunities.

The group has many different types of businesses, including Engineering & Construction, Cement, Power, Real Estate, Expressways, Fertilizer, Hospitality, Healthcare, Sports, Information Technology, and Education (not-for-profit).

Conclusion

The construction industry is booming with many new companies sprouting up nationwide. The “top 10 leading construction companies in India” mentioned are the best in their field. They stand out for their skills, trustworthiness, and commitment to quality. Additionally, The Indian government promotes policies and initiatives to help the construction sector grow. These companies tackle a variety of projects, from fancy homes to major infrastructure like roads and bridges. They play a vital role in pushing the country forward, contributing significantly to its growth and development.

Sumit Kumar Yadav has experience analyzing business and finance of big to small companies. Loan, Insurance, Investment data analysis are his key areas.