One of the largest industry sectors in the country, construction is the second largest employment creator in India right after agriculture. The Union budget of 2020 focuses on economic development and around 6,500 construction projects across various sectors under the NIP (National Infrastructure Pipeline).
The construction sector accounts for the second-highest flow of FDI and employs more than 35 million people. Its contribution to the country’s GDP stands at 8%. We have brought you the top construction companies in India that have a potential future for civil engineering professionals.
Here’s a look at them:
- Shapoorji Pallonji & Co Ltd, Mumbai, Maharashtra
- Tata Projects Ltd, Mumbai, Maharashtra
- IVRCL, Hyderabad, Telangana
- J.M.C Projects, Mumbai, Maharashtra
- Afcons Infrastructure Limited, Mumbai, Maharashtra
- Hindustan Construction Company (HCC), Mumbai, Maharashtra
- L&T Engineering & Construction Division (L&T ECC), Chennai, Tamil Nadu
- Gammon India Ltd, Mumbai, Maharashtra
- GMR Group, Mumbai, Maharashtra
- J Kumar Infra, Mumbai, Maharashtra
Top Construction Companies In India
1. L&T Engineering & Construction Division (L&T ECC), Chennai
L&T Construction is the largest construction company in India since its inception 8 decades ago and the world’s top 30. They are part of Larsen & Toubro (L&T) and address needs in the key sectors of power, hydrocarbons, and infrastructure.
Larsen & Toubro was established in 1938 in Mumbai (then Bombay) by two Danish engineers, Soren Kristian Toubro (1906 – 1982) and Henning Holck – Larsen (1907 – 2003) who landed on the Indian shores on behalf of FL Smidth & Co A/S, Copenhagen, Denmark. Initially, the company ran with only an oral agreement till the end of the 1940s.
They have offered grand landscapes and cityscapes over the past 7 decades. Their expertise spans the entire realm of construction: instrumentation, electrical, and civil engineering. All the infrastructure-related projects and core sector industries adhere to their services.
2. Tata Projects Ltd, Mumbai
Tata is a household name in India and is rightfully the fastest growing construction company in India. By ranking at the top amongst all the construction companies in the country, it has its expertise in industrial infrastructure projects and complex and large urban projects. The company offers turnkey solutions for:
- Metal purification systems
- Mining systems
- Waste and water management systems
- Chemical process plants
- Power distribution and transmission systems
- Setting up power generation plants
- Commercial buildings and airports
- Rail and metro systems
- Roads and bridges
3. Shapoorji Pallonji & Co Ltd, Mumbai
Shapoorji Pallonji & Co. Ltd. (SPCL) is one of the best construction companies in India with clients from over 60 countries. They have been delivering complex and challenging construction projects for over 150 years, making them a veteran in the construction industry. SPCL has operations in 6 major business areas with a strong team of over 60,000 people from more than 40 countries. They are a group of 13 companies related to construction. The 6 business segments are:
- Financial services
- Energy services
- Water services
- Real estate services
- Infrastructure services
- Construction and engineering services
4. GMR Group, Mumbai
In 1978, GM Rao started a small jute mill that grew into one of the leading construction companies in India 3 decades later. Headquartered in New Delhi, the GMR Group is a global player in the construction field with its impact, vision, and businesses. It has made its mark as one of the leaders in the construction industry by creating an institution in perpetuity that leads the country in the areas of urban infrastructure, transportation, energy and airports.
5. Hindustan Construction Company (HCC), Mumbai
Since 1926, HCC is a group that offers world-class construction and engineering services and has pioneered the country in the infrastructure field. It is one of the top construction companies in India. Several landmark projects under HCC have defined India’s progress as a construction giant. With a long history of innovation and endeavours, HCC has achieved a revolution in all the construction projects they have handled. HCC has its proficiencies in:
- Transportation: Marine structures, ports, MRTS (metro rails), railways, elevated corridors, bridges, expressways, highways, and roads.
- Hydroelectric power projects: Shafts, powerhouses, tunnels, barrages, dams, and all types of underground works.
- Nuclear power projects: Control buildings, safety pump houses, spent fuel buildings, auxiliary buildings, and reactors.
- Water solutions: Aqueducts, sewage treatment plants, water treatment plants, irrigation, barrages, dams, bulk water transmission, and integrated water supply systems.
- Industrial and buildings: station buildings, institutional buildings, commercial and residential buildings, metal and process factories and plants, and hydrocarbons.
6. Afcons Infrastructure Limited, Mumbai
Afcons began its journey as a constitution company in 1959 as a partnership between Hazarat and Company, India, and Rodio Foundation Engineering, Switzerland. In 1976, it changed its name to Asia Foundations and ConstructionLtd. They took the name Afcons Infrastructure Limited in 1997.
Afcons Infrastructure Limited became a part of Shapoorji Pallonji Group which is the second-largest construction and engineering group in India in the year 2000. Afcons stands proudly as one of the best construction companies in India. Afcon specialises in:
- Hydro and underground
- Oil and gas
- Urban infrastructure
- Surface transport
- Marine and industrial
7. J.M.C Projects, Mumbai
JMC is yet another top construction company in India that is under the Kalpataru group. For over 3 decades JMC projects have succeeded as a technical power with a strong driving force to provide quality customer service. Recapitulating the expertise of past knowledge, JMC performs faster and better. Collaborative engagement helps in the procreation of innovation that ultimately leads to a sustainable future. This is the secret of JMC’s success and excellence. Here are the services that they offer:
- Power plants
- Industrial units
- Tall buildings
JMC is driven by a strong workforce of over 3000 professionals who take stringent actions to ensure safety and sustainability for all future stakeholders. It is also one of the few companies under BS OHSAS 45001:2018 (occupational health & safety), ISO 14001:2015 (environmental management), and ISO 9001:2015 (quality management).
8. Gammon India Ltd, Mumbai
One of the largest civil engineering companies and the best construction companies in India, Gammon India Limited is headquartered in Mumbai. It was founded by John C. Gammon in 1922 and has become one of the top construction companies in the country. Gammon’s track record spans several significant landmarks that include ‘The Gateway of India’, the civil and piling foundation work for which was completed by Gammon in 1919 as its maiden project.
With a strong team of over 3350 employees and over 5500 staff and officers, Gammon has a dominant position in the field of thermal, nuclear, and hydropower sectors. The company’s association with the nuclear sector dates back to 1959 when it successfully executed the Pre-stressed Concrete (PSC) Ball Tank of India’s first atomic reactor plant in Trombay. Gammon covers projects on:
- Marine structures
- Environmental structures
- Public utilities
- The operation, construction, financing, and design of modern bridges
- Metro rails
9. IVRCL, Hyderabad
Founded over 25 years ago, IVRCL is one of India’s renowned infrastructure companies that has made its mark as one of the best construction companies in India. It has been certified OHSAS 18001:2007 (safety assured company), ISO 14001:2015 (environmental management system), and ISO 9001:2015 (quality assured company). The company undertakes projects on:
- Power transmission and distribution
- Industrial infrastructure
- Transportation projects
- Water and environment projects
- Irrigation projects
- Building and industrial structures
- Operations and maintenance
They are a leading company in the infrastructure and EPC domain listed on BSE and NSE stock exchanges in India. With around 3000 qualified professional technocrats, managers, and engineers across the country, they led India’s first desalination plant at Minjur, Chennai with a capacity of 100 MLD. They have their offices in metropolitan cities such as Guwahati, Ahmedabad, Bangalore, Pune, Hyderabad, Kolkata, Chennai, Mumbai, and New Delhi (NCR).
10. J Kumar Infra, Mumbai
Founded in 1980, J Kumar Infra provides superior service to their clients all the while putting safety and quality first and creating employment opportunities for people. J Kumar Infra swears by its mantra: Dream Big & Work Harder. They deliver exceptional work that manifests in their journey to the top construction companies in India. They have businesses in:
On Feb 12, 2008, J Kumar INfra Projects Limited listed on NSE and BSE stock exchanges by raising 715 million. They crossed revenue of 10,000 million in 2013. They have led projects such as the Mumbai metro, Ahmedabad metro, DMRC, and UPRNNL.
The Bottom Line: Top Construction Companies in India
The construction companies in India account for 40% of the development investment in the last 50 years. 16% of the country’s working crowd depends on the construction industry to thrive. With over 30 million people dependent on the construction industry for their livelihood, it has created assets worth over ₹200 billion.
The main reason for the growth of the construction industry in India is the development brought by public and private partnerships and the build-operate-transfer (BOT) mechanism. In 2011 – 2012, with a share of 8.2%, the construction industry contributed an estimate of ₹670,778 crores to India’s GDP at factor cost.