Construction sector gross value added
Construction GVA estimate (FY2024-25)
₹17.7 lakh crore
What the data says
MoSPI's first advance estimate for FY2024-25 places construction sector GVA at constant prices at approximately ₹17.7 lakh crore, reflecting 8.6% year-on-year growth from FY24's ₹16.3 lakh crore. Growth is driven by public infrastructure capex: roads, railways, and irrigation, rather than private residential construction. MoSPI releases final national accounts data 18 months after year-end; the advance estimate is the figure most market participants and MoRTH use for sector sizing.
Other market data
India construction market size and 5-year CAGR
Mordor Intelligence · 2024 Report
Construction sector contribution to GDP and employment
IBEF: India Brand Equity Foundation · 2024 Sector Note
Highway construction capacity and EPC contract share
CRISIL Infrastructure Advisory · FY23 Annual
National Master Plan for multimodal infrastructure and NIP successor framework
PM GatiShakti / NITI Aayog · Active (launched 2021, ongoing)
Market data sets the stage. Tender data wins the bid.
Macro figures from MoSPI, IBEF, and CRISIL frame the opportunity. CivilBolt's Tender Award Data shows you exactly which contractors won which packages, at what rate, in your sector and geography.