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Top Construction companies in India in 2023

Posted on July 11, 2023July 12, 2023 By Nupur Chawale No Comments on Top Construction companies in India in 2023

Are you looking for India’s top construction firms? You’ve arrived at the ideal location. We have highlighted the nation’s Top Construction companies in India in 2023 and some of their most significant projects in this article.

India’s construction industry has experienced tremendous expansion and development in recent years. Reliable and skilled construction companies are now crucial, given the nation’s emphasis on infrastructure improvement, urbanization, and economic growth.

India is on track to overtake China as the third-largest construction market in the next two to three years, according to Union Minister of Commerce and Industry Piyush Goyal, who announced during the CREDAI’s National Investiture Ceremony.

Goyal stressed that the Real Estate Regulatory Authority (RERA) is crucial to the sector’s formalization. The Goods and Services Tax (GST) was made more straightforward, making the real estate business safer and easier to work in.

The Insolvency and Bankruptcy Code’s implementation has also contributed to industry openness and cleaning up. Additionally, the quick and efficient resolution of housing issues has dramatically boosted the industry.

Top Construction Companies in India

In this blog, we examine the Top Construction companies in India in 2023 that have significantly contributed to improving the nation’s infrastructure.

1. Larsen & Toubro Limited  

The Mumbai-based Larsen & Toubro Limited, also known as L&T, is a renowned construction firm on a global scale. Two Danish engineers, Henning Holck Larsen, and Soren Kristian Toubro, formed the business in 1938. L&T is one of the top five construction companies in the world and one of the most significant construction companies in India, with over 50,000 highly qualified people working around the globe.

With a significant presence in critical Indian cities, including Ahmedabad, Chandigarh, Faridabad, New Delhi, Hyderabad, Nagpur, Mumbai, Bangalore, Chennai, and Kolkata, L&T conducts business abroad. Heavy engineering, mining, metro rail, information technology, real estate, financial services, and other industries are among the company’s many services.

With its ultra-modern developments, L&T primarily focuses on the upscale real estate market segment. These projects come with a variety of excellent features. L&T is committed to providing quality and perfection, whether the project is independent homes, high-rise flats, or office and retail buildings.

  • Henning Holck-Larsen and Soren Kristian Turbo founded the company.
  • The establishment year was 1938.
  • Office location: Mumbai, Maharashtra
  • L&T Realty, L&T Metro Rail (Hyderabad) Limited, and L&T Infrastructure Development Projects Limited, among others, are subsidiaries.
  • Website: https://www.larsentoubro.com

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
CentronaGhatkopar East, Mumbai
Elixir ReservePowai, Mumbai
L and T Realty Seawoods West SquareSeawoods, Navi Mumbai
Olivia at Raintree BoulevardHebbal, Bangalore

2. Reliance Infrastructure Limited 

Anil Dhirubhai Ambani founded Reliance Infrastructure Limited (RInfra) in 1929. One of India’s top construction firms and a member of the Reliance Group is the corporation. Reliance Infrastructure is the largest NHAI concessionaire under the build, operate, transfer (BOT) system, with 11 road projects worth Rs 11,500 crore comprising 970 km.

The projects are already running in cities with significant traffic growth, including Delhi, Bangalore, Jaipur, Gurgaon, Agra, and Pune. The company entered the real estate market in 2019, and by 2023, it had expanded into the commercial real estate market. Currently, RInfra has a small number of projects in its pipeline.

  • 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/

Few Notable Projects by Reliance Infrastructure Limited

ProjectLocation 
Coal-based Thermal Power Station Dahanu, Maharashtra
Delhi Airport ExpresswayDelhi 
Nanded Airport Maharashtra
Mumbai MetroMumbai
Versova–Bandra Sea LinkMumbai
Uppur Thermal Power ProjectRamanathapuram District, Tamil Nadu
Rosa Power PlantNear Shahjahanpur, Uttar Pradesh

3. Punj Lloyd Ltd

The Punj Lloyd Group is a well-known multinational conglomerate founded in 1982. 24 foreign subsidiaries that are dispersed across the Middle East, the Caspian region, Asia Pacific, Africa, South Asia, China, and Europe make up the company’s operating network.

Punj Lloyd Ltd offers complete EPC solutions for various industries, including the construction of pipelines, tanks, and terminals, as well as projects for refineries, power plants, and renewable energy, as well as the development of airports, rail transport networks, and motorways.

  • 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/

Few Notable Projects by Punj Lloyd Ltd 

ProjectLocation 
Dabhol Power PlantAnjanwel, Ratnagiri District, Maharashtra
Eastern Dedicated Freight Corridor, IndiaWest Bengal, Punjab, Haryana and Uttar Pradesh
Jamnagar Export Refinery Project Gujarat
Sikkim’s Greenfield AirportSikkim 
Bangalore Metro Rail ProjectBangalore
Hyderabad – Vijayawada Road ProjectHyderabad

4. Shapoorji Pallonji Group

One of the renowned building firms in India is Shapoorji Pallonji & Company Private Limited. Engineering and construction, infrastructure, real estate, water, energy, and financial services are the six business sectors in which the corporation is active. The organization has a significant global reach with a strong presence in Europe, Australia, the Middle East, Africa, and America.

The Shapoorji Pallonji Group operates primarily in India in Pune, Mumbai, and Chennai. The business also sells commercial real estate and apartments for rent. With premium residences in premium locales, these developments serve the luxury premium market.

  • 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/

Few Notable Projects by Shapoorji Pallonji Group

Project Location 
Mahatma Gandhi SetuBihar, India 
Nagpur Metro ProjectMaharashtra, India
Kanpur MetroUttar Pradesh, India
Chenab Railway BridgeJammu and Kashmir, India
ITC Narmada HotelAhmedabad, India
IKEA Retail StoreBangalore, India
Shapoorji Joyville SensoriumHinjewadi, Pune
Shapoorji Pallonji ViciniaPowai, Mumbai
Sarova EpsilonKandivali East, Mumbai
SP ResidencyHadapsar, Pune

5. GMR Group

The GMR Group, founded in 1978, is one of India’s top construction firms, working on prestigious projects. Additionally, the business has a global presence in the Asia Pacific, Europe, South Asia, Middle East, and Africa.

The organization concentrates on high-growth industries like transportation, energy, and urban infrastructure. GMR Group has active operations in Bangalore, Ghaziabad, and Chennai. The business also shares IPL side Delhi Capitals ownership with JSW 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/

Few Notable Projects by GMR Group

Project Location 
Delhi International Airport LimitedDelhi
Hyderabad International Airport LimitedHyderabad
Bidar Airport Karnataka
Ambala – Chandigarh on NH-22 and 21 Haryana, Punjab
Kamalanga Thermal Power PlantOdisha
GMR Warora Energy Power PlantMaharashtra
GMR GrandRamamurthy Nagar, Bangalore

6. Gammon India Limited 

Gammon India, one of the country’s top civil construction firms, is renowned for creating landmark buildings like the Gateway of India and the country’s first homegrown fast breeder reactor. The company’s area of expertise is the construction of bridges, ports, power plants, dams, airports, pipelines, highways, chemical complexes, and environmental infrastructure. In different Indian cities, Gammon India Limited conducts business. Mumbai, Delhi, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Pune, Jaipur, and Lucknow are among the cities where they operate.

  • 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/

Few Notable Projects by Gammon India Limited

ProjectLocation
Mahatma Gandhi SetuTerasiya, Bihar
Longest railway tunnel for Konkan RailwayRatnagiri, Maharashtra
Thermal Power Station Trombay, Maharashtra
Cable-stayed bridge Akkar, Sikkim
Delhi Metro Rail ProjectDelhi 
Hebbal FlyoverBangalore

7. HCC (Hindustan Construction Company) Limited

In 1926, HCC (Hindustan Construction Company) Limited was founded. Engineering and construction, infrastructure development, real estate, motorways, bridges, tunnels, power plants, and other fields are among the many areas in which the organization has competence. Mumbai, Delhi, and Chennai are just a few of the top Indian cities where HCC Limited conducts business.

  • 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/

Few Notable Projects by HCC (Hindustan Construction Company) Limited

Project Location
Ramban Banihal Road ProjectJammu & Kashmir
Coastal Road ProjectMumbai 
Bandra-Worli Sea LinkMumbai
East-West Corridor ProjectRajasthan
Naini Cable Stayed BridgeUttar Pradesh 
Delhi Faridabad Elevated Expressway Delhi – Faridabad
Chennai BypassTamil Nadu

8. Jaypee Group

One of India’s top-rated building firms is the Jaypee Group. Cement, engineering & construction, real estate, highways, the hospitality industry, and energy (power, gearbox, oil & gas) are just a few industries where the company enjoys a distinguished reputation. The Jaypee Group is an Indian conglomerate operating in several Indian cities, including Noida, Greater Noida, Agra, and Lucknow. The company’s primary areas of interest include constructing upscale commercial properties, townships, and residential units.

  • 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/

Few Notable Projects by Jaypee Group

Project Location 
Yamuna Expressway Project NCR-Agra 
Sardar Sarovar ProjectGujarat
Biju Para – Kuru Section of HighwayJharkhand
Varanasi- Gorakhpur Road ProjectUttar Pradesh
Pakal Dul Hydroelectric ProjectJammu & Kashmir
Jaypee Greens Star CourtSurajpur, Greater Noida
Jaypee Greens Moon CourtPari Chowk, Greater Noida
Jaypee Wish Town KlassicSector 129, Noida
Jaypee Greens Garden IslesSector 133, Noida

9. TATA Group

Established in 1868, the TATA Group is regarded as one of India’s top construction firms. The organization has experience in several industries, including petrochemicals, real estate, and refineries. Additionally, it offers all-inclusive solutions for completing building projects like roads, bridges, trains, and airports.

Mumbai, Gurgaon, Bangalore, Pune, Kolkata, Thane, Chennai, Bhubaneswar, Goa, Noida, Ahmedabad, and New Delhi are among the cities where TATA Group has operations. The company’s residential developments primarily serve the middle and upscale segments, emphasizing the provision of upscale apartments and flats.

Few Notable Projects by Tata Group

Project Location 
Krishnapatnam Power Project – Phase IINellore, Andhra Pradesh
HRRL RefineryRajasthan
EPC of the Blast Furnace for NMDCNagarnar, Odisha–Chhattisgarh Border
Dravyavati River Rejuvenation ProjectJaipur
New Parliament BuildingDelhi
Noida International AirportNoida
Tata PrimantiSector 72, Gurgaon
Tata Eden CourtNew Town, Kolkata
TATA Inora ParkUndri, Pune
Tata PromontBanashankari, Bangalore
TATA Santorini Phase IBKuthambakkam, Chennai

Other Construction Companies in India 

  1. Afcons Infrastructure Limited
  2. Dilip Buildcon Ltd
  3. NCC Limited
  4. Essar Group
  5. Afcons Infrastructure Limited
  6. Sobha Limited
  7. Godrej Properties Limited
  8. Brigade Group
  9. DLF Limited
  10. Simplex Infrastructures Ltd

Summary of Construction Companies in India 

As evidenced by the rise in construction businesses nationwide, the industry is still expanding quickly. The ten construction firms mentioned above are the best in the business, standing out for their knowledge, reliability, and commitment to quality. These Indian construction firms are leading the way in advancing progress and development in the nation, whether developing luxury residential developments or building motorways and bridges.

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