The construction industry is rapidly growing and creating employment in India. If we talk about top players in this industry then they need to be ahead of the competition. It’s necessary to add new features and quality to their products so that customers stay with the company. Construction is divided into two segments: urban development and second one is real estate. In urban development, the section includes the sub-segments like Sanitation, Schools, Healthcare, and water supply. Real estate includes leisure parks, retail, commercial, and residential areas. Let’s dive into the top 10 construction companies in India.
Top construction companies in India
- L & T Engineering and Construction Division (L&T ECC) in Chennai
It is an Indian conglomerate that deals in technology, information technology, construction, military, financial services, and engineering. The headquarters of the company is present in Chennai. The company was founded by engineer Soren Kristian Toubro and Henning Holck-Larsen in 1938 and the company was legally incorporated in 1946. In 1939 the World War took place and that created a blockade in trade so in 1946 the company focused on construction projects and also manufacturing products like hydrogenated oils, biscuits, glass, and shops.
- Jaypee Group
The company is Jaiprakash Associates Limited popularly known for its name as Jaypee Group. The company whose headquarters is present, Noida in Uttar Pradesh. The group is interested in sports, education, construction, and engineering. Jaiprakash Gaur’s elder son is Manoj Gaur who is chairman of Jaiprakash Associates Limited. Jaypee is a cement production company which is also a hydropower company with 1,700 MW. This group constructed and engineered the Yamuna Expressway which was opened on 9 August 2012. The company was founded by Jaiprakash Gaur in 1979. Revenue as of 2021 was Rs.6, 612.88 Crore.
- Reliance Infrastructure Limited
It is a private-sector organization that is involved in defence, construction, power generation, and infrastructure. The company chairman is Anil Ambani and Punit Narendra is chief executive officer. The headquarters of the company is present in Navi Mumbai. It’s an expert in the fields of bridges, toll roads, metro rail, power plants, airports, and defence. Reliance infrastructure came into existence when it took over the Bombay Suburban Electric Supply (BSES) IN 2002 it was an 83-year old government company and was founded in 1929. In 2008, Reliance Energy Limited became Reliance Infrastructure Limited after changing its name.
- GMR Group
The group was founded by Grandhi Mallikarjuna Rao in 1978. The headquarters of the group is present in New Delhi. The services offered by the company are Urban Infrastructure development, highways, energy, and airports. The net asset base of the company is US$6 billion. The company was started as agro agro-based industry like Breweries, Sugar, and Jute. Then it moved slowly toward the infrastructure space. The company is operating Indira Gandhi International Airport, Rajiv Gandhi International Airport, and Manohar International Airport. In 2021, the company announced the launch of GMR Hyderabad Airport City which is spread over an area of 1,500 acres and this group will invest Rs.519.52 Crore in connectivity of the metro with the airport.
- Lodha Group
The company headquarters are present in Mumbai. The company was founded by Mangal Lodha in 1980. It is helpful in the development of commercial and residential properties in London, Hyderabad, Thane, and Mumbai. Its notable projects are The World Tower, Lodha Bellissimo, Lodha Park, Trump Tower, and Lodha Altamount. The company changed its name and became Macrotech Developer. Deutsche Bank has invested Rs.1640 Crore. In 2007. The company was the highest bidder for a 22.5-acre area plot which was present in Mumbai at the amount of Rs. 4,053 Crore In 2010,.
- Punj Lloyd Limited
It is an Indian EPC (Engineering Procurement and Construction) company that serves the defence sector, energy, and infrastructure. The company headquarters is present in Gurgaon, Haryana, India. In 1982, Atul Punj started his family business one step ahead, company name was Punj Sons Private Limited but later on, he changed company to Punj Lloyd Engineering Private Limited.
- HCC – Hindustan Construction Company
It is one of the Top construction companies in India which headquarter in Mumbai, Maharashtra, India. The company was founded in 1926 by Walchand Hirachand. Subsidiaries of the company are HCC Infrastructure Co. Ltd. and Steiner AG. This company got a contract on the Mumbai railway line the Bhor Ghat Tunnel. Vaitarna Dam was built by this company in 1954. In 1954, the company made the first bridge of India in Assam then the same year a water treatment plant was also built for the first time in India.
- Gammon India
It is a civil engineering construction firm in India. The company was founded by John C. Gammon in 1922. The headquarters is present in Mumbai, Maharashtra, India. In 1919, the company was involved in the construction of the foundation of the Gateway of India. In the Commonwealth region, it also builds up the largest number of bridges.in Sikkim, this company created a cable-stayed bridge. The railway tunnel was constructed as Konkan Railway in Ratnagiri, Maharashtra. The terminal building of Sharjah International Airport in UAE was finished by Gammon. Viaducts for the metro Rail Corporation in Delhi were also constructed by the company.
- Tata Group
The Tata group was established in 1868 and its headquarters are present in Mumbai. It offers various products and services in over 150 countries. The founder of the group is Jamsetji Tata. The company offers products like Steel, Cement, Tea, salt, Home Appliances, FMCG, Jewelers, Defense, Chemicals, Automotive, and Electronics. The services provided by the group are electric power, Consultancy, Finance, Hospitality, Hotels, Information Technology, Retail, E-Commerce, Real Estate, Telecommunication, Aerospace, and Airlines. As of 2023, a total of 1,028000 employees are working with this group.
- Shapoorji Pallonji & Company Private Limited
It is a conglomerate whose headquarters is in Mumbai. It deals in home appliances, textiles, engineering goods, home appliances, biotechnology, construction, and shipping. The founder of the company was Pallonji Mistry in 1865. In 2012, Shapoor Mistry announced that the group invested in a deep sea port for the construction of roads, hydroelectricity, and night shelters in West Bengal. In 2016, the group invested in housing brand Joyville Homes.
Conclusion
There is much potential in the construction sector. These Top construction companies in India are serving India day and night. This industry would be touching $1.4 trillion in 2025. If you are reading this article as an investor then it’s a big opportunity to study these top 10 companies and invest in the one that suits your interest. Put your hard–earned money in a better way that earns back you more money with less risk.
