Construction and infrastructure are the most important aspects of the development of a country. In India, it is the largest industry sector and the second largest source of employment after agriculture. The construction sector contributes to around 8% of the Indian GDP (at constant prices). The government of India has laid a lot of emphasis on the development of the infrastructure and housing sector which has led to a rise in investment by the best engineering, procurement and construction companies. Check out the names of the top 10 construction companies in India which are transforming the urban and rural sectors.
Contents
- 1 List of top 10 construction companies in India
- 2 Overview of the construction industry in India
- 3 Top construction companies in India #1 – Larsen and Toubro Limited
- 4 Best construction companies in India #2 – Reliance Infrastructure Limited
- 5 Top construction companies in India #3 – Tata Projects Limited
- 6 Best construction companies in India #4 – Shapoorji Pallonji and Company Private Limited
- 7 Top construction companies in India #5 – Macrotech Developers Private Limited (Lodha Group)
- 8 Best construction companies in India #6 – Punj Lloyd Limited
- 9 Top construction companies in India #7 – Essar Group
- 10 Best construction companies in India #8 – Hindustan Construction Company Limited (HCC)
- 11 Top construction companies in India #9 – Jaypee Group
- 12 Best construction companies in India #10 – NCC Limited
- 13 Leading names of construction companies in India
- 14 FAQs
- 14.1 Which is the biggest construction company in India?
- 14.2 How many construction companies are there in India?
- 14.3 What is expected of the construction industry in India?
- 14.4 What is the market size of the construction industry in India?
- 14.5 How many buildings are constructed each year in India?
- 14.6 What are engineering procurement and construction companies in India?
- 14.7 Which are the most prominent ongoing construction projects in India?
- 14.8 Which is the fastest-growing construction company in India?
- 14.9 Which is the biggest road construction company in India?
- 14.10 What are the top 10 road construction companies in India?
- 15 Conclusion
List of top 10 construction companies in India
| 1 | Larsen and Toubro Limited |
| 2 | Reliance Infrastructure Limited |
| 3 | Tata Projects Limited |
| 4 | Shapoorji Pallonji and Company Private Limited |
| 5 | Macrotech Developers Private Limited (Lodha Group) |
| 6 | Punj Lloyd Limited |
| 7 | Essar Group |
| 8 | Hindustan Construction Company Limited (HCC) |
| 9 | Jaypee Group |
| 10 | NCC Limited (Nagarjuna Construction Corporation Limited) |
Overview of the construction industry in India
The construction industry in India has experienced significant growth and transformation over the years, making it one of the key sectors of the nation’s economy. With a rapidly urbanizing population and a surge in infrastructure development projects, the construction industry has become a cornerstone of economic progress.
India’s construction sector encompasses a wide range of activities, including residential, commercial, industrial, and infrastructure projects. It is a significant contributor to the country’s GDP and employment, offering livelihoods to millions of people across various skill levels.
The government’s initiatives, such as “Make in India” and “Smart Cities,” have further catalyzed the construction sector’s growth. These programs have led to increased foreign investments, technological advancements, and a focus on sustainable and eco-friendly construction practices.
The real estate market in India has witnessed both booms and corrections, reflecting the dynamic nature of the industry. Factors such as urbanization, rising disposable incomes, and a young demographic have fueled demand for housing and commercial spaces, resulting in a flurry of construction activities.
However, the industry also faces challenges, including regulatory hurdles, land acquisition issues, and fluctuating raw material costs. Nonetheless, it continues to adapt and evolve to meet the demands of a fast-growing economy.
In recent years, there has been a growing emphasis on environmentally sustainable construction practices and the adoption of digital technologies such as Building Information Modeling (BIM) and Internet of Things (IoT) for efficient project management.
The construction industry in India is a vital sector that not only contributes significantly to the country’s economic growth but also plays a pivotal role in shaping its urban landscape. With the government’s continued support and industry innovations, it is poised for continued expansion and modernization in the years ahead.
Latest trends
The Indian construction industry is currently witnessing several noteworthy trends that are reshaping the way projects are planned and executed. One of the prominent trends is the growing adoption of sustainable and green building practices, driven by environmental concerns and regulatory incentives. Additionally, there is a rising emphasis on the use of advanced technologies such as Building Information Modeling (BIM), Internet of Things (IoT), and Artificial Intelligence (AI) for improved project management, cost efficiency, and quality control. Modular and pre-fabricated construction techniques are gaining traction, accelerating project timelines and reducing construction waste. Furthermore, the government’s continued focus on infrastructure development, affordable housing, and the “Smart Cities” mission is expected to drive significant growth in the sector. Amid these trends, the construction industry in India is poised for a transformation that not only addresses contemporary challenges but also paves the way for a more sustainable and efficient future.
Major sectors
- Residential construction: Focused on building homes and residential complexes, catering to the housing needs of the population.
- Commercial construction: Involves the construction of office buildings, shopping centers, hotels, and other commercial structures to support businesses and retail.
- Industrial construction: This sector is responsible for creating manufacturing plants, factories, warehouses, and industrial facilities.
- Infrastructure construction: It covers the development of essential infrastructure such as roads, bridges, highways, airports, railways, and ports, facilitating connectivity and transportation.
- Institutional construction: Focused on constructing schools, hospitals, government buildings, and other public institutions to meet societal needs.
- Specialized construction: Includes specialized projects like sports stadiums, cultural centers, and religious buildings that serve specific purposes and contribute to the nation’s cultural and recreational fabric.
Top construction companies in India #1 – Larsen and Toubro Limited
Image Source: Larsen and Toubro Limited
Company Overview
Headquartered in Mumbai, Larsen & Toubro Limited has a presence across more than 30 countries. With over 80 years of customer-first approach, it has become one of the top engineering procurement and construction companies in India. The focus areas of the company are technology, engineering, construction, and manufacturing.
Year of establishment: 1938
Headquarters: Mumbai
Key Projects
- Bangalore International Airport, Karnataka
- Vishakhapatnam Industrial Water Supply Project, Andhra Pradesh
- 335-meter, 2 Laned Watrak Bridge Across The Watrak River In Gujarat
- Jaipur- Kishangarh Expressway, Rajasthan
- 51.6 km Four-Lane Toll Road From Ahmedabad to Mehsana In Gujarat.
Contact Information
- Website: https://www.larsentoubro.com/
- Address: L&T House, N. M. Marg, Ballard Estate, Mumbai- 400001
| Also see: Top 10 builders in Bangalore | Best builders in Bangalore |
Best construction companies in India #2 – Reliance Infrastructure Limited
Image Source: Reliance Infrastructure Limited
Company Overview
Reliance Infrastructure Limited ( RInfra) is a part of the Reliance Anil Dhirubhai Ambani Group. Founded in 1929 it is invested in developing construction projects in the power, metro rail, airport, roads, and the defense sector in India. With an enviable list of upcoming projects, Reliance Infrastructure has cemented its position in the list of top 10 construction companies.
Year of establishment: 1929
Headquarters: Mumbai
Key Projects
- Construction Of The Versova Bandra Sea Link
- Part Design And Construction Of The Mumbai Metro Line 4 Stations
- Rehabilitation And Upgrading Of The Kashedi Ghat Section On NH-17
- Part Construction Of The Access-Controlled Nagpur-Mumbai Super Communication Expressway
- Construction Of Six Laning Of The Bihar-Jharkhand Border From Chordaha To Gorhar Section Of NH-2 In Jharkhand
Contact Information
- Website:https://www.relianceepc.com/
- Address: Reliance Centre, Off Western Express Highway, Santacruz East, Mumbai- 400055
| Also see: Top 10 builders in Chennai | Best builders in Chennai |
Top construction companies in India #3 – Tata Projects Limited
Image Source: Tata Projects Limited
Company Overview
Tata Projects is one of the fastest growing and best construction companies in India. With expertise in executing large urban and industrial construction projects, they do not compromise on sustainability and safety.
Year of establishment: 1979
Headquarters: Mumbai
Key Projects
- Rejuvenation Of 47 Kms Long Dravyavati River
- Food Processing Plant For ITC
- 1200 Bed Super Specialty Hospital For Medanta In Lucknow
- IT Sez Project For Sands Infra At Kochi
- Trade Facilitation Center And Crafts Museum In Varanasi
Contact Information
- Website: https://www.tataprojects.com/
- Address: One Boulevard Street, Powai, Mumbai- 400076
| Also see: Top 10 builders of Mumbai | Best builders of Mumbai |
Best construction companies in India #4 – Shapoorji Pallonji and Company Private Limited
Image Source: Shapoorji Pallonji and Company Private Limited
Company Overview
With a legacy of over 157 years, Shapoorji Pallonji and Company Private Limited specialises in developing megastructures and iconic landmarks. It provides end-to-end solutions across the construction, real estate, water energy, engineering, and infrastructure segments. While the focus is on sustainable development, this top construction company credits its 40,000 people workforce for its success.
Year of establishment: 1865
Headquarters: Mumbai
Key Projects
- Malabar Hill Water Reservoir
- Mumbai Central Station
- Reserve Bank Of India Headquarters, Mumbai
- Mandovi Bridge In Goa
Contact Information
- Website: https://www.shapoorjipallonji.com/
- Address: SP Cente, Minoo Desai Marg, Colaba, Mumbai-400005
| Also see: Top 10 builders in Pune | Best builders in Pune |
Top construction companies in India #5 – Macrotech Developers Private Limited (Lodha Group)
Image Source: Mactrotech Developers Private Limited
Company Overview
Founded in 1980 by Mangal Prabhat Lodha as Lodha Developers the company was renamed in 2021 Macrotech Developers Private Limited. It is a real estate firm with a focus on building large-scale residential and commercial properties. In an endeavour to deliver the highest level of craftsmanship and quality in all their projects, the Lodha Group cares deeply about the long-term environmental impact and the safety of its workforce.
Year of establishment: 1980
Headquarters: Mumbai
Key Projects
- Development of Palava, an integrated smart city near Dombivli in Maharashtra
- Lodha Altamount, a residential luxury skyscraper in the billionaire’s row in Mumbai with a panoramic view of the Arabian Sea
- The World Towers: World One is the tallest building in India with 76 floors
- Lodha Bellissimo is a tall Skyscraper with landscaped terrain in the heart of Mumbai.
- Lodha Park is a 17.5-acre luxury residential project in the upscale Worli area in Mumbai
Contact Information
- Website: https://www.lodhagroup.in/home/
- Address: Lodha Excelus Building, NM Joshi Marg, Mahalaxmi, Mumbai-400011
Best construction companies in India #6 – Punj Lloyd Limited
Image Source: Punj Lloyd Group
Company Overview
Started in 1982, the Punj Lloyd Group is an engineering, procurement, and construction (EPC) company in India with offices in over 24 countries. From pipelines, tanks, and terminals to refineries, power plants, renewables, airports, rail transit systems, and expressways the group offers EPC solutions across a wide spectrum. Social and environmental concerns are closely interwoven into the group’s core practices.
Year of establishment: 1982
Headquarters: Gurugram
Key Projects
- Sikkim’s Greenfield Airport In Pakyong At An Altitude Of 4700ft
- Construction Of 8 Metro Stations In The Bangalore Metro Rail Project
- Heera Field Redevelopment Project
- Hyderabad-Vijayawada Road Project
Contact Information
- Website: http://www.punjlloydgroup.com/
- Address: Group Headquarters, 78 Institutional Area, Sector 32, Gurugram-122001
Top construction companies in India #7 – Essar Group
Image Source: Essar Group
Company Overview
Essar Global Fund Limited (EGFL) was set up in 2005 and is invested in mega projects in the core sectors of energy, infrastructure and logistics, metal and mining, technology, and retail. Since its inception, it has become one of the most renowned engineering, procurement and construction companies in India. EGFL is now focused on transitioning its existing construction assets towards a greener economy and investing in businesses that will transform sector landscapes from carbon to a clean energy ecosystem.
Year of establishment: 2005
Headquarters: Mumbai
Key Projects
- Hazira Terminal Along The Hazira Penisula In The Gulf Of Khambat
- 90 Mwp PV Solar Power Plant In Dhatia, Madhya Pradesh
- 77 MW Refinery Residue Based Multi-Fuel Captive Co-Generation Power Plant, At Vadinar, India, For Nayara Energy Ltd
- Kaladan Multi-Modal Transit Transport Project In Myanmar
Contact Information
- Website: https://www.essar.com/
- Address: Essar House, 11 KK Marg, Mahalaxmi, Mumbai 400034
Best construction companies in India #8 – Hindustan Construction Company Limited (HCC)
Image Source: HCC Limited
Company Overview
A pioneer in the construction and development space since 1926, Hindustan Construction Company Limited has executed several landmark projects contributing to the country’s progress. Therefore, it has become one of the leading engineering, procurement and construction companies in India. With its presence in transportation, hydroelectric power projects, nuclear power projects, water solutions, and building and industrial sectors, HCC has a long-standing commitment to creating sustainable infrastructure.
Year of establishment: 1926
Headquarters: Mumbai
Key Projects
- The First Thermal Power Project In India For Tata Thermal Power Station In Mumbai
- The Impounded Docks At Haldia, West Bengal
- India’s First Nuclear Power Project Of The Rajasthan Atomic Power Project
- Metro Railway Project At Kolkata
Contact Information
- Website: http://www.hccindia.com
- Address: Hincon House, LBS Marg, Vikhroli(West), Mumbai-400083
Top construction companies in India #9 – Jaypee Group
Image Source: Jaypee Group
Company Overview
Founded in 1979 by Jaiprakash Gaur, Jaypee Group is one of the top construction companies in India with diverse interests in Engineering & Construction, Education, Power, Real Estate, Expressways, Fertilizer, Hospitality, Healthcare, Sports, Information Technology, and Cement production sectors. Jaypee Group has undertaken various green initiatives and afforestation drives to ensure sustainable growth.
Year of establishment: 1979
Headquarters: Noida
Key Projects
- 900 MW Baglihar Hydroelectric Project In Jammu & Kashmir
- 400 MW Vishnuprayag Hydropower Station (Uttarakhand)
- Yamuna Expressway project – a 165 km access controlled 6 laned super expressway along the Yamuna river connecting Noida and Agra
- India’s First Wish Town, a premier township spread over 1162 acres in Noida
- 1450 MW Sardar Sarovar Water Resource Project
Contact Information
- Website: http://jalindia.com/
- Address: Jaypee Group, Sector-128 Noida-201304
Best construction companies in India #10 – NCC Limited
Image Source: NCC Limited
Company Overview
Nagarjuna Construction Corporation Limited known as NCC Limited was started in 1978 and has since grown into a construction conglomerate. One of the top 10 construction companies in India, NCC Ltd works across the buildings, water, roads, irrigation, power, railroads, metals, and mining sectors. Employee safety and sustainability are of great importance in the company’s mission.
Year of establishment: 1978
Headquarters: Hyderabad
Key Projects
- 8 Lane Access Controlled Expressway for Outer Ring Road Project in Hyderabad
- Baswapur Reservoir Project, Telangana.
- Construction of Flyover from Gandhi Chowk to Nagarpalika Chowk in Chhapra Town, Bihar.
- Employee State Insurance Corporation Building at Gulbarga & Mandi
- Construction of Cricket Stadium at Saifai, Uttar Pradesh.
Contact Information
- Website: https://ncclimited.com/
- Address: NCC House, Madhapur, Hyderabad 500081
Leading names of construction companies in India
The are many more leading construction companies in India:
- Sadbhav Engineering Limited
- Dilip Buildcon Limited
- Simplex Infrastructure Limited
- IRCON Limited
- Unitech
- Oberoi Realty
- Gammon India Limited
- Afcons Infrastructure Limited
- IL&FS Engineering and Construction Company Limited
- Lanco Infratech Limited
FAQs
Which is the biggest construction company in India?
Larsen & Toubro Limited is the biggest construction company in India based on its turnover and market capital of 2,52,751 crores.
How many construction companies are there in India?
In India, there are more than 200 construction companies in the corporate sector. Also, there are about 1,20,000 contractors registered with various government associations.
What is expected of the construction industry in India?
The Indian construction industry recorded a growth of 17.1% in 2021, which was aided by a continued ease of restrictions and improving construction activity in the road and highways sector. Also, it is further expected that the construction industry will grow at an annual average of 6.2% up to 2026.
What is the market size of the construction industry in India?
The construction industry in India is expected to grow by 16.5% to reach INR 42 billion in 2022. The turnover from the construction industry is expected to reach INR 60 billion by 2026.
How many buildings are constructed each year in India?
About 3 houses are being built per 1,000 people per year compared with the required construction rate of five houses per 1,000 population.
What are engineering procurement and construction companies in India?
Engineering, Procurement, and Construction (EPC) companies in India are organizations that provide comprehensive services for the planning, design, procurement of materials and equipment, construction, and commissioning of various infrastructure and industrial projects. These companies play a pivotal role in the execution of large-scale projects, ensuring their successful completion from inception to final delivery.
Top engineering, procurement, and construction companies in India include –
- Larsen & Toubro Limited
- NCC Limited
- Tata Projects Limited.
- Hindustan Construction Company (HCC)
- Reliance Infrastructure Limited
- KEC International Limited
- Gammon India Limited
- Essar Projects India Limited
- Simplex Infrastructures Limited
- Punj Lloyd Limited
Which are the most prominent ongoing construction projects in India?
- Narmada Valley Development Project
- Navi Mumbai International Airport
- Chenab River Railway Bridge
- The Delhi-Mumbai Industrial Corridor (DMIC)
- Gujarat International Finance Tec-City (GIFT)
Which is the fastest-growing construction company in India?
The biggest and fastest growing construction company in India is Larsen & Toubro Limited (L&T). It is a well-established multinational conglomerate with a strong presence in the construction and infrastructure sectors. The company’s construction division, L&T Construction, has been involved in numerous road and highway construction projects across India.
L&T has a rich history of executing large-scale infrastructure projects, including roads, bridges, tunnels, and expressways, contributing significantly to the development of the country’s transportation network. The company is known for its technological expertise, project management capabilities, and commitment to quality and sustainability.
L&T’s impressive product range includes iconic projects like the Delhi Metro, the Hyderabad Metro, the Chenani-Nashri Tunnel in Jammu and Kashmir, and various highway development projects under the National Highways Authority of India (NHAI). With its vast resources, skilled workforce, and a track record of successful project delivery, L&T continues to be a major player in India’s road construction sector.
Which is the biggest road construction company in India?
The biggest road construction company in India is IRB Infrastructure Developers Limited. IRB Infrastructure is a leading infrastructure development and construction company specializing in the design, construction, and operation of road and highway projects. With a robust presence in the Indian infrastructure sector, the company has played a pivotal role in the development of the country’s road network.
The company boasts an impressive portfolio of road projects, including expressways, national highways, and state highways, spanning various regions of India. Some of its notable projects include the Mumbai-Pune Expressway, one of the country’s first expressways, and the Vadodara-Surat Expressway, among others.
IRB Infrastructure’s success can be attributed to its proficiency in project execution, strong financial capabilities, and commitment to delivering high-quality, safe, and sustainable road infrastructure. The company has also ventured into the operation and maintenance of toll roads, contributing to India’s efforts to improve connectivity and transportation efficiency.
What are the top 10 road construction companies in India?
- IRB Infrastructure Developers Limited
- Larsen & Toubro Limited (L&T)
- Hindustan Construction Company (HCC)
- Reliance Infrastructure Limited
- Ashoka Buildcon Limited
- NCC Limited
- Simplex Infrastructures Limited
- Gammon India Limited
- Dilip Buildcon Limited
- PNC Infratech Limited
Conclusion
The scope of work in the Indian construction industry is limitless as it currently employs over 30 million people. The best construction companies in India are undertaking large-scale projects to contribute to the infrastructure growth of the country.
The top 10 construction companies in India as per their market capital, turnover, and the scale of the ongoing and future projects are contributing immensely to the economy of the country.
We have also curated a list of names of other leading construction companies in India that are emerging as market leaders. Additionally listed above are the most frequently asked questions about construction companies in India. Hopefully, our list of the top 10 companies will provide you with enough information about the infrastructure and construction sector.
* The featured image used in the article is from Construction Executive
