According to ICRA, the Indian construction industry is expected to rise by 12 to 15 percent in FY2025 due to steady order books and government infrastructure investment.
The global construction aggregates market
The construction aggregates market is growing steadily, fueled by a thriving construction industry and worldwide infrastructure initiatives.
Construction equipment rental market
The construction equipment rental market is expanding rapidly, driven by rising demand for cost-effective equipment solutions, increased construction activity, and a shift to rental models for equipment acquisition.
Indian construction sector estimation by ICRA
After a remarkable 18–20 percent revenue rise in FY2024e, ICRA projects that the Indian construction sector will continue to develop at a robust rate in FY2025, with a forecast YoY growth of 12–15 percent.
Domestic mining and construction equipment industry report
According to ICRA, the domestic MCE industry would see a fall in volume in FY2025 after two years of robust growth—26 percent in FY2023 and 24 percent in FY2024e.
Construction composites market report
With cutting-edge materials that improve structural performance, durability, and sustainability in building applications, the construction composites market leads innovation in the construction sector.
Cement prices decline in Q4FY24
Due to a relative slowdown in demand and larger competitors vying for market share, the average cement prices across India saw a 1.5–2 percent MoM decline on February 24.