India’s 2027 construction output to exceed $1 trillion ...Middle East

The 2026-27 financial year’s capital expenditure allocation is 3.1% of India’s GDP, an 11.5% increase compared to the previous year’s budget.

The construction sector has been buoyed by spending from the 2026-27 budget on infrastructure, energy and domestic manufacturing, growing by 6.4%.

Dhananjay Sharma, Globaldata construction analyst, said: “While all six construction sectors, commercial, industrial, institutional, residential, infrastructure and energy & utilities, are showing sustained growth momentum, growth in infrastructure, energy and utilities and industrial … will help drive construction output.

“The government’s sustained focus on renewable energy, roads and railways and ‘Make in India’ initiatives will boost the construction industry and have a multiplier effect on the economy, helping it to achieve the mark of $5 trillion economy.”

Further Reading:

India’s 2027 construction output to exceed $1 trillion Global Construction Review.

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