Construction is the biggest sector in India and the second largest job generator after agriculture. Based on the union budget 2020, around 6500 projects are expected to bring employment and economic stability across the country. The construction sector contributes 8% of the Indian GDP and employs 35 million people. About 50% of the demand for construction activity in our country comes from the infrastructure sector and the rest from the industrial, residential and commercial sectors. The construction industry in India is valued more than USD 126 Billion. Major Indian cities contribute significantly to the GDP and the urban share of GDP is expected to increase further to 70%-75% in 2030. In the next five years, 100 Smart Cities will be invited for the investment of 2 Trillion Rupees.
Infrastructure investment is indispensable for the prosperity and economic development of our country. India, being a highly populated country, there is a lot of scope for development in the infrastructure sector. In many big cities, we find wonderful buildings but have anyone noticed the construction behind it, who constructed these structures? Keeping all these things in mind the companies are ranked based on research and analysis.
Here are given the list of top 13 construction companies based on the overall business performance of every company.
Table of Contents
1. Larsen and Toubro
Larsen and Toubro are ranked 1st and the topmost construction company in India. The company was established in 1938 in Mumbai by Henning Holck-Larsen and Soren Kristian Toubro, both were Danish engineers. L&T provides services in various sectors like real estate, construction, financial and IT. Some of their product includes heavy and electrical equipment, power and shipbuilding. The group holds an important place in the Indian E&C space as a leading engineering player with exposure in the area of power, defense, and nuclear equipment. L&T has now joined partnership with Sapura Crest Petroleum Berhad of Malaysia providing service to offshore construction areas. Some of the top projects of L&T are Panipat elevated corridor, Kakinada NFCL, Gujarat IOCL, Krishnagiri Bypass, and Coimbatore Bypass.
2. Tata Projects Ltd
Tata is already controlling the steel and iron sector of India. Tata project is the second topmost construction company in India. They have expertise in elevating huge infrastructure projects for the urban and industrial sectors. They are one of the fast-growing companies providing turnkey solutions for the construction of bridges, road, rail, metro, commercial building, and airport. The company plays a major role in setting up power generation plants, chemical process plants, waste management, complete mining, and metal purification system. A few successful projects of Tata remains BDD Chawl, Mumbai Trans Harbor Link Bridge, Lucknow Metro tunnel and merchandized track laying machine.
3. Hindustan Construction Co. Ltd
Hindustan Construction was established in 1926 and the company is headquartered in Mumbai, Maharashtra. They are one of the top construction companies in India that emerged into various segments including engineering and construction, real estate, infrastructure, urban development, and management. They are pioneers in the India infrastructure industry and continue the legacy of innovation. The company is the winner of the Global Sustainability Leadership Award. The company provides a solution to the nuclear power plant sector. HCC takes projects in power, transportation, water, and industrial projects. Some of their top projects include Bandra-Worli Sea link, Mumbai Pune Expressway, Kudankulam Power plant.
4. Simplex Infrastructure Ltd
Simplex infrastructure is a company established in 1924 and it has executed projects in various sectors like transport, mining, building, marine, and real estate. They are also handling various business sectors such as roads, railways, and bridges, buildings, industry, power and transmission, marine. Simplex company is the largest civil construction and engineering sector who completed more than 2400 projects in India and abroad. They have shown their presence across various other sectors like piling, power plant, industrial plant, urban infrastructure, and utilities. Some top projects of simplex infrastructure include IGI airport Delhi, Goa shipyard, Udaipur airport, IIM Indore, multi-purpose bulk cargo berth Goa.
5. Gammon India Ltd
Gammon India Ltd is the largest civil engineering construction company in India headquartered in Mumbai, Maharashtra. The company was founded by John C Gammon in 1922. The company seems to be confident facing all challenges and they have stimulated ongoing infrastructure projects worth INR 95,369 Cr in the road, port, and energy sector. Some of their top projects include the tallest cooling tower at Bhusawal, Sharjah International Airport, and the first 500 MW thermal power stations at Trombay, the longest urban flyover at Hebbal, DMRC, and India’s first cable-stayed bridge at Sikkim and the longest river bridge across the Ganges, Patna.
6. Nagarjuna Construction Company Ltd
The company established in 1978 as a public sector and they have contributed to India’s progress through landmark infrastructure projects. The company has involved in various projects related to power, railways, mining, road, and irrigation. Some of the prominent projects they have completed include Delhi metro railway line, construction of Oberoi resort in Kuwait, construction of blast furnace at SAIL – ISP, and Kalina-Vakoa flyover in Mumbai.
7. Jaiprakash Associates Ltd
Jaiprakash Associates comes under the famous Jaypee group established in the year 1979 and is headquartered in Noida. The diversified infrastructure company has operations in Haryana, Madhya Pradesh, Gujarat, and Jharkhand. They are one of the leading companies in infrastructure and construction segments including engineering, cement, and real estate. The company has undertaken various infrastructure projects like power, road, hospitality, real estate, and sports. Some of their top projects include Yamuna Expressway, cement blending and grinding unit in Agheri, Sardar Sarovar dam, Karcham dam on river Satluj.
8. Shapoorji Pallonji & Co Ltd
Shapoorji Pallonji established in the year 1865 is headquartered in Mumbai. The company offers a wide range of services including real estate, security systems, textiles, infrastructure, appliances, industrial engineering, and power. They are one of the top 10 construction companies in India that have clients in and around 60 countries. They have completed various projects for more than 150 years now. The group has been completing projects in various sectors like home appliances, shipping, publications, power, real estate, construction, textiles, and biotechnology. A few prominent projects of the company remain the imperial in Mumbai, renovation of the Taj Mahal Palace after the 2008 Mumbai attack, Jumeirah Lake tower Dubai and Ebene Cyber City in Mauritius.
9. Reliance Infrastructure Ltd
Reliance Infrastructure is a part of the Reliance group and they are one of the biggest construction companies in India. The company was founded in India in 1929 and they have sternly handled various projects in power generation, real estate, roads and highways, construction, airport, and defense. RIL is headed by Anil Ambani and CEO is Lalit Jalan. The company based in Mumbai, Maharashtra is also responsible for the distribution of power in the suburban areas of the state. Reliance Infrastructure won the national award for Excellence in Energy Management. Some of the top projects handled by RIL include Delhi Airport Express, Coal based thermal power station in Dahanu and Nanded airport in Maharashtra.
10. Lanco Infratech
Lanco Infratech is a group that earns 90% of its revenue from the captive business thermal and solar power. They stand 10th place among the top 10 infrastructure companies in India. The company is located in New Delhi and they are mainly engaged in various projects related to road, power, expressway and construction projects. The group was the first to handle metro projects for engineering, procurement, and construction of the Chennai metro rail. Some other projects the company has completed include Devihalli Highways, Udupi Power Corporation Ltd, solar thermal projects in Gujarat and Rajasthan, and the recently inaugurated solar photovoltaic power plant built at the Indian parliament complex.
11. GMR Infrastructure
GMR group is a company founded in 1996 and headquartered in New Delhi. The company plays a vital role in the power sector of India but they also undertake construction projects. The company is involved in various projects related to energy, real estate, highways, and airports. Apart from India, GMR Infrastructure also handles key projects in Turkey, Maldives, Singapore, Indonesia, and the Philippines. The company has completed 2 major projects and they are Indira Gandhi International Airport, New Delhi and Rajiv Gandhi International Airport, Hyderabad.
12. Punj Lloyd
Punj Llyod Infrastructure was founded in 1982 and the company is a part of the Punj Llyod group. They primarily provide service to Infrastructure and thermal power sectors. They also handle construction projects. Apart from India, the company operates in South Asia, the Middle East, and the Asia Pacific and many more. Some of the popular projects completed by the company include Solar Power Plant at Rajasthan, Chhabra Thermal Power Project, Bangalore Metro Rail, Heera field redevelopment for ONGC.
13. GVK Power and Infrastructure Ltd
GVK Infrastructure is a public sector founded in 1994 and the company has handled various projects related to power, hospitality, road, and mining. The company got several awards and recognitions. The company provides excellent service to clients and few of their notable projects include Deoli-Kota Expressway, Hydroelectric project in J&K, Kempegowda International Airport, Bengaluru.