Construction sector is an industry that is cyclical in nature, which indicates that this sector reflects fluctuation in the national economy rapidly and sensitively. The development of construction industry is mostly similar to the development of construction industry in other countries of the world. The development of construction industry in India can be contributed to the requirement for infrastructural and industrial development after the independence of the country.

Construction is the second largest economic activity in the country, after agriculture. The sector accounts for nearly 65% of the total investment in infrastructure and the sector is expected to be the biggest beneficiary of the surge in infrastructure investment for the next five years. The construction sector investment accounts to nearly 11% of the Gross Domestic Product of the country. The names of the top companies that are dominating the construction industry in India are given below:

Top seven Construction Companies in India:

• Larsen & Toubro

• DLF

• Tata Projects

• Gammon India

• Hindustan Construction Company

• Sobha Developers Limited

• Shapoorji Pallonji & Company

Some of the details regarding these top companies in the construction industry in India are given below:

Larsen & Toubro:

Larsen & Toubro is a biggest name in the construction industry in India and the development of this company in construction sector is supported by equally proficient allied sectors like construction and contracts division and engineering sectors in which the company has developed. The company is known for its timely deliverance and excellence and it has more than 12000 skilled personnel.

DLF:

DLF is primarily engaged in the development of retail, marketable and housing properties. The company has entered into agreement with Delhi Development Authority for development of townships in top cities like Chennai, Mumbai, Gurgaon, Pune and Amritsar. They have developed a number of shopping malls in Chennai, Kochi, Ludhiana, Amritsar, Mumbai, Bangalore, Delhi and Hyderabad.

Tata Projects:

Tata Projects is developed as one of the major players in the EPC Projects and over the past few years the company has attained CAGR of 50%. This company has an employee strength of more than 1500 professionals and it came into existence in the year 1979 as construction contracting, procurement and engineering company in the engineering sector of the Tata Group. The company has been ranked as one among the top ten fast growing construction companies in India.

Gammon India:

Gammon India is popularly called as the Builder of the Nation and it is earning an annual turnover of nearly Rs.7010 crores. The company is the only construction company that has earned ISO 9001 status for its operational sectors in civil engineering. They have carried out various civil engineering operations that include construction of the longest bridge in India across the Jadukata river and longest river bridge in Asia across the Ganges.

Hindustan Construction Company:

Apart from developing hi-tech construction equipments for the construction industry, Hindustan Construction Company has carried out various large scale infrastructural projects. The company has to its credit a number of expensive and challenging projects in different sectors like water supply, irrigation, transportation, urban infrastructure, power, oil and gas pipeline, etc…

Sobha Developers Limited:

Shobha Developers came into existence in the year 1995 and the company owns nearly 3500 acres of land in eight major cities in India namely Hosur, Pune, Kochi, Thrissur, Chennai, Mysore, Bangalore and Coimbatore. The company has some of the top players in different sectors as its clientele and they recommend Sobha Developers as the best construction company.

Shapoorji Pallonji & Company:

Shapoorji Pallonji & Company has a long list of satisfied customers, for the best service offered. They have undertaken some of the major construction projects like HSBC Bank, Mumbai, BARC, Kalpakkam, TELCO Industrial Complex, Pune, etc…

Apart from these construction companies, the sector is also served by other companies like Unitech, Nagarjuna Construction Company and Punj Lloyd.