The infrastructure sector stands as a pivotal force in propelling the Indian economy, playing an essential role in the nation's comprehensive economic growth and development. It is poised to significantly contribute to India's ambition of reaching a USD 5-trillion economy.

The sector is forecasted to witness a compound annual growth rate (CAGR) of 8.2% by 2027. In line with these growth prospects, the Indian Government has committed substantial investments towards revitalizing the nation's aging infrastructure. These efforts are aimed at steering India towards self-sufficiency and expanding its share in the global export market.

The construction market in India is projected to attain a value of US$ 1.42 trillion by 2027. This growth trajectory is marked by an expected CAGR of 17.26% over the forecast period from 2022 to 2027.