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The Indian construction industry is a vital engine of the country’s growth, contributing significantly to its GDP. It is the second largest contributor to the GDP after the agricultural sector. As the industry surges towards a value of INR 2.48 trillion in India, it’s imperative to recognize the leading companies shaping this landscape. Among these, a few stand out as industry giants, renowned for their expertise, project execution, and overall impact.
In this blog, we unveil the top 10 construction companies in India, based on factors like reliability, completed projects, revenue, and industry impact.
1. L&T Construction Ltd.
L&T Construction, the construction arm of the L&T Ltd, was founded on 7 February 1938 by two engineers from Denmark, Henning Holck Larsen and Soren Kristian Toubro. Headquartered in Mumbai, It is an Indian multinational company involved in Construction, EPC projects, Hi-Tech Manufacturing and Services. The company operates in over 50 countries worldwide.
L&T construction holds the top position in the list of top 10 construction companies in India. The company is listed in BSE and NSE and it has a super impressive track record in every dimension. The company is dedicated to delivering quality and excellence whether it’s public infrastructure, high rise buildings, or complex and giant developments.
Some of the notable projects of L&T construction are Ahmedabad metro, Statue of Unity, Kochi Metro, Delhi Metro, Underground Chennai metro, high-speed rail, rapid transit, Hyderabad metro, Kakrapar nuclear power plant, Kalpakkam nuclear power plant, one hydro project in bhutan etc.
| Company | L&T Construction |
| Parent Company | Larsen & Toubro (L&T) Ltd. |
| Founded In | February 7, 1938 |
| Headquarter | Chennai, Tamil Nadu |
| CEO | S N Subrahmanyan |
| Revenue | 2.25 lakh crores INR |
| Website | L&T Construction Website |
2. Shapoorji Pallonji Group
Shapoorji Pallonji Group has a trusted legacy in engineering and construction excellence. It is one of the oldest and reputed construction companies in India. It was founded in 1865 by Pallonji Mistry. The group has 15 major companies contributing end-to-end in 6 business segments. With over 35000 workforce, the company has delivered many megastructures and iconic landmarks. Shapoorji Pallonji is regarded as one of the most valuable private enterprises.
The group’s exceptional work and extensive portfolio have propelled it into a strong position among India’s top 10 construction companies. Their portfolio involves:
- 190+ marine work,
- 150+ bridges, flyovers,
- 120+ Kilometres of elevated/underground Metro,
- 20+ data centre projects,
- 4500+ Km of road lanes,
- 9 turnkey data centres,
- 9 tunnels & hydro works,
- 9 general infrastructure
- 45+ projects overseas
Some of prominent megastructures of SPCL group are:
- Reserve Bank of India, Mumbai
- Madhya Pradesh Secretariat
- Telangana Secretariat
- Bombay Stock Exchange
- Atal Tunnel
- Chenab River Bridge
- Varanasi Smart City
- Kartavya Path
- IKEA Bengaluru
- Amazon IT Services Campus
- Delhi, Chennai, Kanpur, Nagpur, Kolkata, Pune Metro
- Agra–Lucknow Expressway
- Udhampur–Jammu Expressway
| Company | Shapoorji Pallonji Group |
| Founded In | 1865 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Shapoor Pallonji Mistry |
| Revenue | 33,375 Crore INR |
| Website | shapoorjipallonji.com |
3. GMR Group
Based in New Delhi, GMR Group is one of the top 10 construction companies in India. The group was founded by Grandhi Mallikarjuna Rao in 1978. The diverse portfolio of the group includes airports, energy, transportation, urban infrastructure, services business, sports and foundation.
GMR is the 2nd largest private airport operator in the world operating 6 airports (Delhi, Goa, Hyderabad, Bidar, Delhi Airport Cargo, Hyderabad Air Cargo, Mactan Cebu in Philippines, Kualanamu in Indonesia) worldwide. Furthermore, 2 airports (Visakhapatnam, Crete in Greece) are under development.
GMR Group operates in divorce sectors through its subsidiaries like GMR Airports, GMR Energy, GMR Power and Infrastructure etc.
| Company | GMR Group (Grandhi Mallikarjuna Rao) Group |
| Founded In | 1978 |
| Headquarter | New Delhi |
| CEO | G Subba Rao |
| Revenue | $1.05 Billion |
| Website | gmrgroup.in |
4. Reliance Infrastructure Ltd.
Reliance Infrastructure is a big name when talking about top 10 construction companies in India. Part of the Reliance Anil Dhirubhai Ambani Group, the company was founded in 1929 by Anil Dhirubhai Ambani. It has built many important things like roads, power stations, and even parts of the Mumbai Metro.
One of their biggest projects is the Mumbai Metro. They also helped build ways to send electricity and made roads better in many parts of India.
Because of how good they are at finishing projects on time and without wasting money, Reliance Infrastructure is one of the top 10 construction companies in India. They started as a small company called Reliance Energy Limited but have grown really fast to become a very important player in the country’s power sector.
Now, they do many things like making electricity, building things, and even helping with defense. This company is led by Anil Ambani and Lalit Jalan. They have offices in Mumbai and are known for being very good at what they do.
Reliance Infrastructure is more than just a construction company; it’s helping to shape India’s future. They are one of the top 10 construction companies in India and are making a big difference.
| Company | Reliance Infrastructure Ltd. |
| Founded In | 1929 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Punit Garg |
| Revenue | 19,132.55 crores INR |
| Website | Reliance Infrastructure Website |
5. Tata Projects
Headquartered in Mumbai, Tata projects was founded by J R D Tata in 1979. It is an Indian technology led – engineering, procurement and construction (EPC) company with more than 6500 employees worldwide. Being a subsidiary of Tata Sons, the company has made a good reputation in the construction field.
In FY24, Tata Projects touched revenue of 18045 crore INR, making it one of the top 10 construction companies in India. With a strong foundation in refineries, petrochemicals, and real estate, the company offers end-to-end solutions for complex infrastructure projects. Our expertise spans the construction of highways, bridges, railways, and airports.
To name a few, HRRL refinery, new parliament building, Noida International airport, Dravyavati river Rejuvenation project, Tata Eden court, Tata Inora Park are some of the big projects of the company.
Tata projects also deals with residential properties focusing on medium and luxury categories. Their concentration is to supply high end apartments and flats.
| Company | Tata Projects |
| Parent Company | Tata Sons |
| Founded In | 1979 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Vinayak Pai |
| Revenue | 18,045 crores INR |
| Website | Tata Projects Website |
6. Macrotech Developers
Macrotech Developers (formerly known as Lodha Group) is a prominent player in the Indian real estate and construction industry. The group was founded by Mr. Mangal Prabhat Lodha in 1980. The company is mainly involved in the residential projects with the focus in creating high-quality, luxurious apartments.
The Lodha Group has a reputation for innovation and attention to detail. They have played a significant role in transforming skylines across major cities like Mumbai, Thane, Hyderabad, and Pune. Their commitment to sustainability and use of modern technology sets them apart.
A testament to their expertise is the World One tower, which once held the title of the world’s tallest residential building. This iconic structure exemplifies their dedication to pushing boundaries and creating architectural marvels.
| Company | Macrotech Developers (Lodha Group) |
| Founded In | 1980 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Abhishek Lodha |
| Revenue | 9,230 crores INR |
| Website | lodhagroup.in/home |
7. Punj Lloyd
An internationally recognized EPC (Engineering, Procurement, Construction) company, Punj Lloyd offers integrated design, engineering, procurement, construction, and project management services for infrastructure projects within the energy sector. Established in 1982, Punj Lloyd has a strong track record of delivering major projects, including the Salalah LPG Extraction Project in Oman and the Dabhol Power Project in India.
Founded in 1982 by Atul Punj, the company has grown from strength to strength, expanding its operations globally. With a revenue of INR 5,585.77 crores, Punj Lloyd has established itself as a major player in the construction arena. Its expertise lies in engineering, procurement, and construction (EPC) services, making it a preferred choice for complex projects.
From building highways and bridges to developing metro systems and power plants, Punj Lloyd’s portfolio is diverse and impressive. The company’s commitment to quality, safety, and sustainability has earned it a reputation for excellence.
| Company | Punj Lloyd |
| Founded In | 1982 |
| Headquarter | Gurugram, Haryana |
| CEO | J P Chalasani |
| Revenue | 4412 Crore INR |
| Website | punjlloydgroup.com |
8. Gammon India Ltd
Founded in 1922 by John C. Gammon, Gammon India Ltd. is one of the largest civil construction companies in India. The company is headquartered in Mumbai, Maharashtra. The company specializes in infrastructure, development, transportation, power and water. Gammon India has built many big and important things, like the Bandra-Worli Sea Link and the Mumbai-Pune Expressway, Konkan Railways, etc.
| Company | Gammon India Ltd. |
| Founded In | 1922 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Ajit Balubhai Desai |
| Revenue | 52.84 crores INR |
| Website | gammonindia.com |
9. IRB Infrastructure Developers Ltd.
IRB Infra is India’s leading and the largest integrated multinational transport infrastructure developer in the Highways sector, making them one of the top 10 construction companies in India.
The company has executed the country’s first build-operate-transfer (BOT) road project. It is also the leader in that segment. At present, 3404 lane Km is operational and about 2330 lane Km under development.
Some of the major projects of one of the best construction companies, IRB infrastructure developers are Mumbai–Pune Expressway, Ahmedabad–Vadodara Expressway, Ganga Expressway, etc.
| Company | IRB Infrastructure Developers Ltd. |
| Parent Company | IRB Group |
| Founded In | 1998 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Ajay Deshmukh |
| Revenue | 2,750.27 crores INR |
| Website | irb.co.in/home |
10. Hindustan Construction Company (HCC)
Hindustan Construction Company (HCC) was founded by Seth Walchand Hirachand in 1926. The company specalizes in transportation, hydroelectric power projects, nuclear power projects, water solutions, buildings and industries.
Some of the major projects of HCC include Bandra–Worli Sea link, Mumbai–Pune Expressway, Bogibeel Rail-cum-Road bridge, Kudankulam Nuclear Power Plant, Nimoo Bazgo Hydro Power Project, etc.
The company has contributed 60% of India’s installed nuclear power capacity and 26% of India’s installed hydro power capacity.
| Company | Hindustan Construction Company (HCC) |
| Founded In | 1926 |
| Headquarter | Mumbai, Maharashtra |
| CEO | Arjun Dhawan |
| Revenue | 11,152 crores INR |
| Website | hccindia.com |
Final Words
As the construction sector is the second largest contributor to the GDP, the top 10 construction companies in India are at the forefront for the future of the country. Their projects not only enhance quality of life but also lay the foundation for a stronger, more prosperous India.
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