Source : Indian Govt Data
There has been a steady growth in construction sector of India since 2004. Though data for 2014 – 2015 is not available yet we strongly see a positive co-relation. The slump of 2013-2014 has worn off.
It is evident from the following signals
- in increase in foreign direct investment in Construction sector
- growth of jobs construction, real estate, roadways etc
- rise in company registrations in India in this sector
- positive growth in real estate prices in India
Source : Recruitment Consultants in India
Here is the data for the financial year of 2013-2014 that show foreign direct investment values in India from different countries(highest). Singapore leads the pack of investors with 33 billion Rs followed by Mauritius at 28 billion Rs in one financial year. UK, Netherland and Japan are on 3rd, 4th and 5th positions respectively.
This year, with the full throttle “Make in India” campaign of PM Narendra Modi around the world these values are supposed to rise and the positions are about to change tool. We hope China will enter the scene; Japan and USA will improve their investment and their positions in the graph.