Top 10 Construction Companies In India 2024

Top 10 Construction Companies In India- In recent years, India’s construction sector has experienced significant growth and progress due to the country’s emphasis on infrastructure development, urbanization, and economic advancement. Reliable and experienced construction companies have become crucial in this context. During the CREDAI National Investiture Ceremony, Union Minister of Commerce and Industry Piyush Goyal mentioned that India is poised to become the third-largest construction market within the next 2 to 3 years.

Goyal highlighted the important role of the Real Estate Regulatory Authority (RERA) in formalizing the sector. Additionally, the simplification of the Goods and Services Tax (GST) has made the real estate industry safer and more straightforward to operate in. The implementation of the Insolvency and Bankruptcy Code has contributed to cleaning up the industry and promoting transparency. Moreover, the efficient resolution of housing complaints has significantly bolstered the sector.

Top 10 Construction Companies In India

Construction is the largest industry in India and the second-largest employer after agriculture. It is expected that India’s construction industry will experience gradual growth over the next four quarters. The growth is projected to continue with a compound annual growth rate (CAGR) of 11.7 percent from 2024 to 2025. By 2025, the total building production in the country is expected to reach $842,535.2 million. Today, we will provide a list of the top 10 construction companies in India for the years 2021-2024.Top 10 Construction Companies In India 2023-24

Top 10 Construction Companies in 2024 Overview

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Top Construction Companies In India

In 2024, India’s construction industry continues to thrive, and several top construction companies have established themselves as key players in this dynamic sector. These companies have not only contributed significantly to the nation’s infrastructure development but have also played a pivotal role in generating employment opportunities and fostering economic growth. Among the top construction companies in India for 2024, some familiar names such as Larsen & Toubro (L&T), Tata Projects, and Shapoorji Pallonji Group continue to dominate the market with their extensive experience and diversified portfolios.

These companies are renowned for their commitment to quality, innovation, and sustainability, making them trusted partners in the country’s ambitious infrastructure projects. Additionally, emerging firms with specialized expertise in various construction segments, such as residential, commercial, and infrastructure, are making their mark and contributing to the sector’s overall growth. In this dynamic landscape, these top construction companies in India 2024 are poised to play a pivotal role in shaping the nation’s built environment and advancing its economic prospects.

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Larsen & Toubro Limited

  • Founder: Henning Holck-Larsen and Soren Kristian Turbo

  • Year of Establishment: 1938

  • Headquarters: Mumbai, Maharashtra

  • Subsidiaries: L&T Realty, L and T Metro Rail (Hyderabad) Limited, L&T Infrastructure Development Projects Limited and more

  • Website: https://www.larsentoubro.com

Top 10 Construction Companies In India 2023-24

Larsen & Toubro Limited, commonly known as L&T and based in Mumbai, is a renowned global construction company. It was founded in 1938 by two Danish engineers, Henning Holck Larsen and Soren Kristian Toubro. L&T boasts a workforce of over 50,000 highly skilled professionals worldwide and is ranked among the world’s top five construction companies, making it one of India’s best.

L&T operates internationally and has a strong presence in major Indian cities like Ahmedabad, Chandigarh, Faridabad, New Delhi, Hyderabad, Nagpur, Mumbai, Bangalore, Chennai, and Kolkata. The company offers a wide range of services, including heavy engineering, mining, metro rail, information technology, real estate, financial services, and more. L&T primarily specializes in the premium real estate market, focusing on delivering ultra-modern projects equipped with top-notch amenities. Whether it’s standalone houses, tall apartment buildings, or office and retail complexes, L&T is committed to providing quality and excellence in its projects.

Few Notable Projects by Larsen & Toubro Ltd 

Project 

Location

Samakhiali-Gandhidham

Gujarat

Pimpalgaon-Nashik-Gonde

Maharashtra

Ahmedabad-Viramgam-Maliya

Gujarat

Samakhiali-Gandhidham

Gujarat

Chennai-Tada

Tamil Nadu

Rajkot-Jamnagar-Vadinar

Gujarat

Pimpalgaon-Nashik-Gonde

Maharashtra

Panipat Elevated Corridor

Haryana

Sambalpur Rourkela

Odisha

Sangareddy to KNT / MH border

Andhra Pradesh – Karnataka

Centrona

Ghatkopar East, Mumbai

Elixir Reserve

Powai, Mumbai

L and T Realty Seawoods West Square

Seawoods, Navi Mumbai

Olivia at Raintree Boulevard

Hebbal, Bangalore

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Reliance Infrastructure Limited

  • Founder: Anil Dhirubhai Ambani

  • Year of Establishment: 1929

  • Headquarters: Mumbai, Maharashtra

  • Subsidiaries: Reliance Power Limited, Reliance Aerostructure Limited, Reliance Defence Limited, BSES Yamuna Power Limited and more 

  • Website: https://www.rinfra.com/

Top 10 Construction Companies In India 2023-24

Reliance Infrastructure Limited, founded by Anil Dhirubhai Ambani in 1929, is a prominent construction company in India and a part of the Reliance Group. It is known for its significant involvement in 11 road projects spanning 970 km with a total value of Rs 11,500 crore. Reliance Infrastructure is the largest NHAI concessionaire operating under the Build-Operate-Transfer (BOT) system.

These projects are active in key cities like Delhi, Bangalore, Jaipur, Gurgaon, Agra, and Pune, where there is robust traffic growth. In 2019, the company expanded its scope to include the real estate sector. By 2023, RInfra also ventured into commercial real estate, albeit with a limited number of projects in its portfolio.

Few Notable Projects by Reliance Infrastructure Limited

Project

Location 

Coal based Thermal Power Station

Dahanu, Maharashtra

Delhi Airport Expressway

Delhi

Nanded Airport

Maharashtra

Mumbai Metro

Mumbai

Versova–Bandra Sea Link

Mumbai

Uppur Thermal Power Project

Ramanathapuram District, Tamil Nadu

Rosa Power Plant

Near Shahjahanpur, Uttar Pradesh

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Punj Lloyd Ltd

  • Founder: Atul Punj

  • Year of Establishment: 1982

  • Headquarters: Gurugram, India

  • Subsidiaries: PL Engineering Limited, Spectra Punj Lloyd Limited, Dayim Punj Lloyd Construction Contracting Company Limited, Punj Lloyd Upstream Ltd., and more 

  • Website: http://www.punjlloydgroup.com/

Top 10 Construction Companies In India 2023-24

Established in 1982, the Punj Lloyd Group is a renowned global conglomerate. It operates through twenty-four international subsidiaries across regions such as the Middle East, Caspian area, Asia Pacific, Africa, South Asia, China, and Europe.

Punj Lloyd Ltd offers comprehensive EPC (Engineering, Procurement, and Construction) solutions in various sectors. Their projects include constructing pipelines, tanks, and terminals, working on refineries and power plants, developing renewable energy projects, as well as building airports, rail transit systems, and highways.

Few Notable Projects by Punj Lloyd Ltd 

Project

Location 

Dabhol Power Plant

Anjanwel, Ratnagiri District, Maharashtra

Eastern Dedicated Freight Corridor, India

West Bengal, Punjab, Haryana and Uttar Pradesh

Jamnagar Export Refinery Project

Gujarat

Sikkim’s Greenfield Airport

Sikkim

Bangalore Metro Rail Project

Bangalore

Hyderabad – Vijayawada Road Project

Hyderabad

Shapoorji Pallonji Group

  • Founder: Shapoorji Pallonji Group

  • Year of Establishment: 1865

  • Headquarters: Mumbai, India 

  • Subsidiaries: Afcons Infrastructure, Shapoorji Pallonji & Company Limited, Forbes & Company Limited, Sterling and Wilson Solar Limited, Shapoorji Pallonji Real Estate, Shapoorji Pallonji Oil & Gas, and more.

  • Website: https://www.shapoorjipallonji.com/

Top 10 Construction Companies In India 2023-24

Shapoorji Pallonji & Company Private Limited is a renowned Indian construction company with operations in six business sectors: engineering & construction, infrastructure, real estate, water, energy, and financial services. The company has a global presence, with significant operations in Europe, Australia, the Middle East, Africa, and America.

In India, the Shapoorji Pallonji Group is primarily active in Pune, Mumbai, and Chennai. They also provide residential apartments and commercial properties, focusing on the luxury premium market segment, offering upscale homes in moderately premium locations.

Few Notable Projects by Shapoorji Pallonji Group

Project 

Location 

Mahatma Gandhi Setu

Bihar, India

Nagpur Metro Project

Maharashtra, India

Kanpur Metro

Uttar Pradesh, India

Chenab Railway Bridge

Jammu and Kashmir, India

ITC Narmada Hotel

Ahmedabad, India

IKEA Retail Store

Bangalore, India

Shapoorji Joyville Sensorium

Hinjewadi, Pune

Shapoorji Pallonji Vicinia

Powai, Mumbai

Sarova Epsilon

Kandivali East, Mumbai

SP Residency

Hadapsar, Pune

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GMR Group

  • Founder: Grandhi Mallikarjuna Rao

  • Year of Establishment: 1978

  • Headquarters: New Delhi, India

  • Subsidiaries: GMR Power Infra Limited, GMR Energy Trading Limited, GMR Aviation Private Limited, GMR Airports Limited and more.

  • Website: https://www.gmrgroup.in

Top 10 Construction Companies In India 2023-24

Founded in 1978, the GMR Group is a leading Indian construction company known for its top-quality projects. It also has a global presence spanning the Middle East, Africa, South Asia, Europe, and Asia Pacific.

The company specializes in high-growth sectors such as airports, energy, transportation, and urban infrastructure. GMR Group is active in Chennai, Ghaziabad, and Bangalore. Moreover, it co-owns the IPL team Delhi Capitals in partnership with the JSW Group.

Few Notable Projects by GMR Group

Project 

Location 

Delhi International Airport Limited

Delhi

Hyderabad International Airport Limited

Hyderabad

Bidar Airport

Karnataka

Ambala – Chandigarh on NH-22 and 21

Haryana, Punjab

Kamalanga Thermal Power Plant

Odisha

GMR Warora Energy Power Plant

Maharashtra

GMR Grand

Ramamurthy Nagar, Bangalore

Gammon India Limited

  • Founder: John C. Gammon

  • Year of Establishment: 1922

  • Headquarters: Mumbai, India

  • Subsidiaries: Gammon Power Limited, ATSL Infrastructure Projects Limited, Gammon Real Estate Developers Private Limited, Deepmala Infrastructure Private Limited and more 

  • Website: http://www.gammonindia.com/

Top 10 Construction Companies In India 2023-24

Gammon India is a prominent civil construction company in India known for iconic projects like the Gateway of India and India’s first indigenous fast breeder reactor. They specialize in building bridges, ports, power plants, dams, airports, pipelines, roads, chemical complexes, and environmental infrastructure. Gammon India Limited operates in multiple Indian cities, including Mumbai, Delhi, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Pune, Jaipur, and Lucknow.

Few Notable Projects by Gammon India Limited

Project

Location

Mahatma Gandhi Setu

Terasiya, Bihar

Longest railway tunnel for Konkan Railway

Ratnagiri, Maharashtra

Thermal Power Station

Trombay, Maharashtra

Cable-stayed bridge

Akkar, Sikkim

Delhi Metro Rail Project

Delhi

Hebbal Flyover

Bangalore

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HCC (Hindustan Construction Company) Limited

  • Founder: Seth Walchand Hirachand

  • Year of Establishment: 1926

  • Headquarters: Mumbai, Maharashtra

  • Subsidiaries: HCC Infrastructure Company Limited, HCC Real Estate Ltd, HCC Infrastructure Company Limited, and more

  • Website: https://www.hccindia.com/

Top 10 Construction Companies In India 2023-24

HCC (Hindustan Construction Company) Limited, founded in 1926, excels in various sectors like engineering, infrastructure development, real estate, expressways, bridges, tunnels, power plants, and more. The company operates in major Indian cities such as Mumbai, Delhi, and Chennai.

Few Notable Projects by HCC (Hindustan Construction Company) Limited

Project 

Location

Ramban Banihal Road Project

Jammu & Kashmir

Coastal Road Project

Mumbai

Bandra-Worli Sea Link

Mumbai

East-West Corridor Project

Rajasthan

Naini Cable Stayed Bridge

Uttar Pradesh

Delhi Faridabad Elevated Expressway

Delhi – Faridabad

Chennai Bypass

Tamil Nadu

Jaypee Group

  • Founder: Shri. Jaiprakash Gaur

  • Year of Establishment: 1979

  • Headquarters: Noida, Uttar Pradesh 

  • Subsidiaries: Jaypee Infratech Limited (JIL), Jaiprakash Power Ventures Ltd, Jaypee Infratech Ltd, and more 

  • Website: http://jalindia.com/

Top 10 Construction Companies In India 2023-24

The Jaypee Group is a leading construction company in India, known for its diverse businesses in real estate, highways, hospitality, cement, engineering, construction, and energy. They operate in various Indian cities like Noida, Greater Noida, Agra, and Lucknow. The company’s primary focus is on building upscale residential apartments, townships, and high-end commercial properties.

Few Notable Projects by Jaypee Group

Project 

Location 

Yamuna Expressway Project

NCR-Agra

Sardar Sarovar Project

Gujarat

Biju Para – Kuru Section of Highway

Jharkhand

Varanasi- Gorakhpur Road Project

Uttar Pradesh

Pakal Dul Hydroelectric Project

Jammu & Kashmir

Jaypee Greens Star Court

Surajpur, Greater Noida

Jaypee Greens Moon Court

Pari Chowk, Greater Noida

Jaypee Wish Town Klassic

Sector 129 , Noida

Jaypee Greens Garden Isles

Sector 133 , Noida

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TATA Group

Founded in 1868, the TATA Group is renowned as one of India’s premier construction companies. The company excels in various sectors, including refineries, petrochemicals, and real estate. It offers comprehensive solutions for various construction projects such as highways, bridges, railways, and airports.

Top 10 Construction Companies In India 2023-24

TATA Group operates in several Indian cities, including Mumbai, Gurgaon, Bangalore, Pune, Kolkata, Thane, Chennai, Bhubaneswar, Goa, Noida, Ahmedabad, and New Delhi. Their residential developments mainly target medium and luxury segments, with a focus on providing high-end apartments and flats.

Few Notable Projects by Tata Group

Project 

Location 

Krishnapatnam Power Project – Phase II

Nellore, Andhra Pradesh

HRRL Refinery

Rajasthan

EPC of the Blast Furnace for NMDC

Nagarnar, Odisha–Chhattisgarh Border

Dravyavati River Rejuvenation Project

Jaipur

New Parliament Building

Delhi

Noida International Airport

Noida

Tata Primanti

Sector 72 , Gurgaon

Tata Eden Court

New Town, Kolkata

TATA Inora Park

Undri, Pune

Tata Promont

Banashankari, Bangalore

TATA Santorini Phase IB

Kuthambakkam, Chennai

FAQ’S

Which is the No 1 construction company in India?

Larsen & Toubro, or L&T, is India's largest construction company and operates in more than 50 countries worldwide.

Which is the fastest growing construction company in India?

Tata Projects is a rapidly growing and highly respected infrastructure company in India. It is among the top construction companies in the country and specializes in handling large and intricate urban and industrial infrastructure projects.

What is the future of construction industry in India?

The construction industry in India is projected to reach $1.4 trillion by 2025. Urban areas will be the main drivers, contributing to 75% of the GDP (compared to the current 63%). Additionally, 68 cities are expected to have a population exceeding 1 million. The construction industry in India encompasses 250 sub-sectors with interconnected operations across various sectors.

What is the richest construction company?

Bechtel is the largest construction company in the United States, employing 55,000 people and generating $17.6 billion in annual revenue.

Who is best civil engineer?

Sir Mokshagundam Visvesvaraya. Isambard Kingdom Brunel. Beatrice Shilling. Elon Musk. John Smeaton. Nora Stanton Barney.

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