India's precast industry is entering a new phase

An inside look by Varun Gupta, Director of BRHCInfra

India has overtaken the United States as the world's second-largest contributor to construction growth by volume, behind only China. Foundamental's State of the Project Economy 2026 report puts India's share of global construction growth between 2020 and 2030 at 14.1 percent, against 11.1 percent for the United States and 26.1 percent for China. Infrastructure is the fastest-growing segment of construction worldwide, at roughly 5.1 percent annual growth through 2025, and India's infrastructure market is expected to outpace that, at close to 8 percent a year through the decade.

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