India's mega projects - India upcoming project
India spend billions of dollars upgrading housing and infrastructure, its construction sector is expected to grow up at eight per cent every year for the next decade.
Construction activity is around 10 per cent of the country's GDP and employs more than 30 million people. It also accounts for more than 60 per cent in total infrastructure investment.
India will soon cement its place as one of the world’s biggest construction powerhouses. The Global Construction 2030 report predicts that India will become the third largest construction market, behind the USA and China, by 2021. What is powering this expansion? Rapidly growing urbanisation, a growing economy and a government dedicated to massively boosting the nation’s infrastructure.
With a market valuation in excess of $126 billion (2013 estimates), and $1 trillion infrastructure spending pledged by the government from 2012 to 2017, construction is big business in South Asia. Here are five mega-projects that embody India’s burgeoning building ambition to look out for in 2016.
The mega projects in India & India upcoming projects are :
Chenab River Railway Bridge
Smart City Kochi
National Highways Development Project NHDP
Gujarat International Finance Tec City GIFT
Narmada Valley Development Project
Delhi Mumbai Industrial Corridor
biggest construction in India
Indian project , infrastructure projects , amazing India
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