Growth of Construction Equipment Industry in India - Infographic

India stood 10th worldwide with respect to overall quality infrastructure environment in the country.

Advantage India

Robust
Demand

* India is expected to become the world’s third largest construction market by 2022.

* India will require investment worth Rs. 50 trillion (US$ 777.73 billion) across infrastructure by 2022 for a sustainable development in the country.

Attractive
Opportunities

* In November 2021, India, the US, Israel and the UAE established a new quadrilateral economic forum to focus on infrastructure development projects in the region and strengthen bilateral co-operation.

* The initiative ‘Infrastructure for Resilient Island States’ (launched in November 2021) will give India a huge opportunity to contribute to the betterment of other vulnerable countries in the world.

Policy
support

* In Union Budget 2021, to support initiatives such as ‘Housing for All’ and ‘Smart Cities Mission’, the government allocated Rs. 13,750 crore (US$ 1.89 billion) to AMRUT and Smart Cities Mission.

* In March 2021, the Parliament passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India.

Increasing
Investments

* Huge investments in infrastructure (e.g., Reliance Digital Fibre Infrastructure Trust Investment of US$ 1 billion) have provided momentum to overall PE/VC investments in India.

* Prime Minister Mr. Narendra Modi announced a Rs. 100 lakh crore master plan for multi-modal connectivity in October 2021, with the goal of developing infrastructure to lower logistic costs and improve the economy.

Last updated: Apr, 2022

Infrastructure Clusters

  • Coal
  • Crude Oil
  • Natural Gas
  • Refinery Products
  • Fertilizers
  • Steel
  • Cement
  • Electricity
  • Overall
Healthcare Clusters in India

Posters

MORE

Infrastructure Sector India

India has the third largest road network in the world spanning over 3.3 million km.

IBEF Campaigns

MORE
Experience India - Dubai Expo 2020

Experience India - Dubai Expo 2020

From the small towns and districts of India come the big-hearted artists wh...

Geographical Indicators of India

Geographical Indicators of India

The Geographical Indications Registry is set up for administration of the G...

Case Studies

MORE

India's Climate Vision

India's Climate Vision

Climate change and global warming are the biggest threats of the present time and how the world manages to control pollution will define our future. R...

Gati Shakti Programme

Gati Shakti Programme

Infrastructure is crucial to the development of any economy. Roads, railways, airways, and waterways enable connectivity with the outside world, facil...

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

India has a huge potential for digital payments. As of October 2021, the country had around 1.18 billion mobile connections, 700 million Internet user...

IBEF BLOG

MORE
India – Global hub of Therapy
18 May 2022

India – Global hub of Therapy

Introduction India has one of the oldest healthcare systems in the world, ...

India's AR/VR Market
18 May 2022

India's AR/VR Market

Introduction Advanced technology is gaining prominence across the globe, e...

India's Energy Transition and Innovation Collaboration
11 May 2022

India's Energy Transition and Innovation Collaboration

Introduction The global coal power generation nearly doubled during 2005&n...

Loading...