India’s construction output to exceed $1tn by 2027

The Indian construction industry will see its output exceed US$1 trillion in nominal terms in 2027, according to GlobalData, an intelligence and productivity platform.

According to GlobalData, the capital expenditure allocation in FY2026-27 is equivalent to 3.1% of Gross Domestic Product (GDP) and marks an increase of 11.5% compared to the expenditure of INR10.9 trillion ($121.6 billion) in the revised estimates for the FY2025-26 Budget.

The continued focus on infrastructure and domestic manufacturing…

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