Due to the rapid pace of urbanization and significant foreign investments, India’s infrastructure industry is undergoing a massive transformation. The sector is projected to reach $1.4 trillion by 2025, with a compound annual growth rate (CAGR) of approximately 11.7% from 2023 to 2025, underscoring its vital role in the nation’s economic development.
India is actively developing advanced transportation systems, industrial corridors, smart cities, and renewable energy projects—dramatically reshaping its urban and rural landscapes. The country is home to leading construction giants whose work fosters innovation, economic progress, and sustainability.
From building eco-friendly skyscrapers to expansive metro systems used by millions, modernizing India is a collective effort. In this blog, we highlight 10 of the most prominent construction companies in India—firms that are not only shaping skylines but also creating a legacy in infrastructure development.
What Makes a "Top" Construction Company?
The marking factors of a top construction company does not just circle around the company size, but rather their exceptional performance across multiple domains. These firms dominate the industry by melding experience, dependability, and innovation in a manner unmatched by others.
Project Portfolio
The wealth and variety of a construction company’s completed projects, ranging from highways and airports to commercial skyscrapers and smart cities, showcase their impact and quality. A commendable construction company is bound to have a sophisticated and multi-faceted project portfolio because clients tend to evaluate them based on the magnitude and prestige of their accomplished projects.
Timely Delivery
Meeting deadlines is one of the utmost indicators of professionalism in construction. The best construction firms are known to meet timelines without compromising the quality of work. Such reliability is crucial to building trust with clients and government bodies in the long run.
Strong Safety Record
No negotiable can be made when it comes to worker safety protocols for leading companies. This reinforces their commitment to train workers thoroughly and reduce workplace accidents with superior safety measures. In addition to providing credibility, enhanced safety record also aids in getting projects approved.
Innovation and Technology
Constructors now employ drones, BIM, and AI planning to take care of resource management that can push project delivery time. This modern equipment ensures that projects are completed with maximum efficiency and precision.
Sustainability Focus
Leading construction companies incorporate green building practices into the construction process, such as using more eco-friendly materials and lowering waste on site. These acts find alignment with global standards for the environment. More so, sustainability is now a norm, not a passing trend.
Also Read: Direct Selling Companies in India
Comparison Table: Top 10 Construction Companies in India
Top 10 Construction Companies in India
1. Larsen & Toubro Ltd
Larsen & Toubro Ltd. (L&T) holds its first place among construction companies in India with an astonishing revenue of ₹225,271 crore. L&T has earned a remarkable reputation as the most revered engineering and inventive solution deviser. L&T’s construction division is well-regarded as a market leader in India and has considerable expertise in civil infrastructure, power transmission and distribution, transportation, and building construction activities.
They also maintain a proud reputation and extensive experience of having constructed the Delhi Metro and the Bandra-Worli Sea Link, in addition to many other iconic structures. Now, L&T is freely accepting the international challenge as well, having moved to the Middle East, Africa, and Southeast Asia.
Why L&T stands out: The sheer scale and size of the business of L&T, coupled with their vast experience in nearly every area and unwavering engineering excellence make them a true leader. Their involvement in landmark and intricate projects underpins their reliability and expertise.
- Founded In: 1938
- CEO: S.N Subrahmanyan
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹4,837,000 crore
- Industry/Sector: Engineering and Construction
- Number of Employees: Around 54,000 employees
- Revenue (Annual): ₹221,113 crore crore
- Major Projects: Ayodhya Ram Temple, Chandrayaan-3, Navi Mumbai International Airport
- Website: https://www.larsentoubro.com/
2. Reliance Infrastructure Ltd
Reliance Infrastructure Ltd, an integral part of Reliance Anil Dhirubhai Ambani Group, is one of the major construction companies in India and a key player in the development of infrastructure. This company, like many others within the conglomerate, has benefited greatly from the company’s overall success and profitability, evident with the revenue figure of ₹19,132.55 crore. As with their other subsidiaries, there are notable trends observed in Reliance Infrastructure’s growth as per the report from Fortune India 500 in 2019, relaying to their enhanced market reputation, reliable quality, advanced systems in management, and overall business efficiency.
On October 5, 2024, Reliance Infrastructure declared its intention to develop a fully integrated facility for explosives, ammunition, and small arms in Ratnagiri, Maharashtra, investing ₹10,000 crore. This project is part of the Dhirubhai Ambani Defence City concept and represents a major move from the Indian private sector in defense. In an effort to increase the company’s presence in defense manufacturing, Reliance plans to boost exports in this sector, where they have already shipped over ₹1,000 crore worth of defense equipment.
Why Reliance Infrastructure Stands Out: Reliance Infrastructure was a critical player during the early stages of the construction of the Mumbai Metro, which is a landmark infrastructure project. This Move, along with a pivot towards the defense manufacturing industry, highlights the company’s broad contribution towards national development.
- Founded In: 1929
- CEO: Anil D. Ambani
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹11,626.45 crore
- Industry/Sector: Power Generation and Distribution
- Number of Employees: Around 4,604 employees
- Revenue (Annual): ₹218,543 crore
- Major Projects: Power generation in Mumbai, Delhi power distribution
- Website: https://www/rinfra.com/
3. Macrotech Developers Pvt Ltd (Lodha Group)
More popularly known as the Lodha Group, Macrotech Developers stands as a distinguished name among the top-tier construction companies in India, currently reporting an operating revenue of 10.3 billion SPDX currency, previously showing 4 percent growth. With a striking focus on developing distinctive and splendid residential developments as well as changing the skyline of several cities such as Mumbai, Thane, Hyderabad, Pune, and even London, Lodha’s impact has covered a broad range. The World One tower, formerly recognized as the highest residential structure in the world, stands as a testimony to their skills.
Announced on the 8th of May, Macrotech Developers claimed 17 residential projects are going live this fiscal year’s spend strategy that shall be released this fiscal year targeting revenue of around 12 billion SPDX currency. This maneuver seeks to improve or strengthen their sales bookings which saw record setting levels in 2023-24 because of strong demand. The company targets achieving property sales of ₹17,500 crore for the current financial year, which is a year-on-year growth of 21%. In addition, Macrotech aims to increase the number of apartments it plans to deliver in 2024-25 to over 10,000 from approximately 8,200 in the prior fiscal year.
Why Macrotech Developers (Lodha Group) Stands Out: The reasons Lodha have executed some of the most superb residential real estate constructions such as the World One tower skyscraper is because of their strong venture into affordable housing while maintaining high standards of construction and green business practices.
- Founded In: 1980
- CEO: Abhishek Lodha
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹11,734 crore
- Industry/Sector: Real Estate Development
- Number of Employees: Around 2,500 employees
- Revenue (Annual): ₹121,394 crore
- Major Projects: Lodha Altamount, The World Towers, Palava smart city
- Website: https://www.lodhagroup.com/
4. Punj Lloyd Ltd
As one of the construction companies in India, Punjab Lloyd is an internationally established and recognized enterprise. It comes from India and is renowned as an EPC contractor on the world stage. They cover every industry including oil and gas, thermal and hydropower plants, engineering design, and even maintenance. Recently, they reported a revenue of ₹5,585.77 crore. This organization doesn’t specialize only within the energy sector; it also works on various infrastructure and defense projects. Punj Lloyd has global operational reach in places like the Middle East, Africa, Asia Pacific, South Asia, and Europe.
With nine years of construction experience, Punj Lloyd actively participates in large-scale infrastructure projects like highways, bridges, tunnels, and metro systems. Their skills also span well into pipeline fabrication along with full engineering services for oil and LNG. Punj Lloyd has built a strong brand identity and safeguards their image has earned the trust of stakeholders as a dependable partner in the development of crucial transport and related networks due to their commitment to quality and safety along with their vision directed toward sustainability.
Why Punj Lloyd Stands Out: Their global reputation is fortified by Punj Lloyd’s extensive international operations and their focus on quality and safety, not to mention EPC services such as oil & gas pipeline construction and infrastructure development which are coveted specialties.
- Founded In: 1988
- CEO: Atul Punj
- Headquarters: Gurgaon, Haryana
- Market Capitalization: Rs 75.5 Cr
- Industry/Sector: EPC, Infrastructure Development
- Total Employees: Around 5000 employees
- Annual Revenue: ₹3,347.82 Crore
- Major Projects: Panvel-Dabhol Pipeline, East West Gas Pipeline, Uran-Trombay Gas Pipeline
- Website: http://www.punjlloyd.com/
5. Sadbhav Engineering Ltd
This company has a strong reputation for the construction of urban and national highways, marking them as notable players within the construction companies in India. Sadbhav Engineering Ltd has continually been instrumental to the development of connectivity in India by building numerous highways and roads to serve its large population and, most recently, reported revenue of ₹1,623.63 crore.
This company specializes in the design and the construction of roads, bridges, flyovers and tunnels which demonstrates a wide range of roadway infrastructure management. Their greatest strength is construction, maintenance, and keeping the infrastructure assets in an economically favorable condition.
Why Sadbhav Engineering Stands Out: Sadbhav Engineering has carved a niche for itself through a focused approach and has gained immense recognition due to its strong reputation and proven track record. With decades of experience in the development and maintenance of extensive highway and road networks, the company has significantly contributed to improving connectivity across India.
- Founded In: 1988
- CEO: Vishnubhai Patel
- Headquarters: Ahmedabad, Gujarat
- Market Capitalization: ₹275 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: Around 2,500 employees
- Revenue (Annual): ₹1226.24 crore
- Major Projects: National highways, state highways, bridges
- Website: http://www/sadbhaveng.com/
6. Tata Projects
Tata Projects, a subsidiary of the esteemed Tata Group, is one of the leading construction companies in India. Within the nation’s expansive infrastructure landscape, they are well known for undertaking highly sophisticated projects in industrial infrastructure, smart cities, power generation facilities, and metallurgical plants, achieving a remarkable revenue of ₹18,045 crore most recently.
Its reputation, however, precedes it as a company that pays exceptional attention to its corporate social responsibilities, which include environmental protection and community development initiatives. Their construction activities are evident in railway infrastructure and urban infrastructure, among others. The Tata Group publicly pursued the revival of previously shelved plans to merge Tata Realty and Infrastructure (TRIL) with Tata Projects on October 1, 2024.
Why Tata Projects Stands Out: Being part of the larger Tata family, Tata Projects enjoys a long-standing reputation and a commitment towards environmental and social responsibility which is deeply rooted. Their wide range of undertakings, which include participation in national infrastructure like the New Parliament Building and the metro systems of major cities, demonstrates diverse skills.
- Founded In: 1979
- CEO: Vinayak Pai
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: Rs 6,700 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: Around 5,000 employees
- Revenue (Annual): ₹17,247 Crore
- Major Projects: New Parliament Building, Mumbai Metro Line 3
- Website: https://www.tataprojects.com/
7. Hindustan Construction Company (HCC)
For many decades, the Hindustan Construction Company (HCC) has prided itself on being one of the biggest construction companies in India and proudly boasts numerous groundbreaking infrastructure undertakings throughout the country. HCC boasts extensive expertise across sectors such as waterworks, transportation, power generation, and building construction. HCC has been a leading constructor for many of India’s pivotal infrastructure milestones, having contributed to 29% of India’s hydropower capacity, over 65% of India’s nuclear power, and developed 3800 km of roads and highways, 375 bridges, and complex tunnels spanning 337 km. HCC is characterized by its engineering excellence and unwavering dedication to quality, solidifying its position among India’s top construction companies.
They usually are the chosen associates for both public and private sector customers and have recently reported operating revenue of ₹11,152 crores. On October 29, 2024, Hindustan Construction Company (HCC) reported a standalone turnover of ₹1203 crores for the second quarter of FY2025, along with a net profit of ₹50.2 crores. This figure is compared to a turnover of ₹1,138.8 crores and net profit of ₹52.4 crores for the same period FY2024. The company’s order book is at approximately ₹9,973 crores, with another contract from the previous month of October worth nearly ₹1,031.6 crores.
Why Hindustan Construction Company (HCC) Stands Out: HCC’s vast experience and pioneering legacy in India’s infrastructure development, particularly in tackling complex engineering feats like dams, nuclear power facilities, and the iconic Bandra-Worli Sea Link, underscore their profound engineering capabilities and historical significance.
- Founded In: 1926
- CEO: Arjun Dhawan
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹2,000 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: Around 10,000 employees
- Revenue (Annual): ₹5,042.71 crore
- Major Projects: Bandra Worli Sea Link, Farakka Barrage, Kolkata Metro
- Website: http://www.hccindia.com/
8. Nagarjuna Construction Company (NCC)
As one of the major Construction Companies in India, Nagarjuna Construction Company (NCC) has made its mark in the country’s construction and infrastructure development sectors. They have a nationwide presence, executing transportation, water supply, power generation, and building construction projects. NCC has contributed to the construction of many expressways and bridges, which has significantly improved travel efficiency and has expanded water resources in India through the construction of several dams and irrigation systems.
NCC ensures the completion of projects on time and properly due to its in-house engineering and project management capabilities. One of their remarkable achievements includes the challenging engineering solutions provided during the operation of the Konkan Railway project.
Why Nagarjuna Construction Company (NCC) Stands Out: Alongside their internal engineering and project management capabilities, NCC’s achievement of many construction works of key importance, including Works of Water Supply and Transport, demonstrates operational effectiveness and dependability. Their problem-solving skills are showcased through their work on the constraining Konkan Railway project.
- Founded In: 1978
- CEO: A A V Ranga Raju
- Headquarters: Hyderabad, Telangana
- Market Capitalization: ₹11,734 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: Around 11,000 employees
- Revenue (Annual): ₹18,314.41 crore
- Major Projects: Hyderabad Metro Rail, Mumbai Metro Rail, Bangalore Metro Rail
- Website: https://www.ncclimited.com/
9. Gammon India Ltd
Having spent over a century in operation, Gammon India Ltd. is highly regarded among the best construction companies in India. Their work extends from some of the first infrastructure projects in the country, and they continue to tackle modern engineering problems today with a revenue standing at ₹52.84 crore.
In construction, equal attention was paid to the transport and power for the building of tunnels, railways, and roads, which enabled faster trade and communication between communities and nations. An important event in their history includes their contribution to the Konkan Railway project, in which they devised new engineering solutions for intricate landscapes.
Why Gammon India Ltd Stands Out: Being over a century old, Gammon India formed a part of the first foundational structure projects in India. Their enduring impacts alongside constant involvement in complicated engineering work such as the Konkan Railway offers their longtime legacy within this sector.
- Founded In: 1922
- CEO: Anurag Choudhry
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹200 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: 1,500
- Revenue (Annual): ₹88.35 crore
- Major Projects: Mumbai Trans-Harbour Link, Mumbai Metro Line 3
- Website: http://www.gammonindia.com/
10. IRB Infrastructure Developers Ltd
IRB Infrastructure Developers Ltd is a top-rated and leading construction company in India, and also a front-runner integrated multinational transport infrastructure development company in the highways industry. The company has made numerous landmarks, including executing the first-ever Build-Operate-Transfer project and running India’s first expressway project. IRB possesses an asset base of approximately INR 80,000 crores. They manage and operate a huge network of 15,500-lane kilometers across 26 highways in 12 states.
IRB boasts an incredible 38% market share in India’s Toll-Operate-Transfer space, collecting tolls from 1.3 million vehicles every day through their 72 toll plazas and 820 FASTag lanes. Some of the notable projects completed by IRB include 987 lane-kilometers. On October 30, 2024, IRB Infrastructure reported its Q2 figures, reporting a 4% increase in profit to ₹100 crore from ₹96 crore last year. In contrast, total earnings dipped by 7%, totaling ₹1,752 crore. Shareholders will receive a dividend of 10 paise per share.
Why IRB Infrastructure Developers Ltd Stands Out: IRB’s leadership in the highways business, the pioneer in applying the Build-Operate-Transfer model, and operators of India’s first expressway, and their sizeable asset base and extensive network of toll-operated roads conclusively differentiate them in transportation infrastructure development.
- Founded In: 1997
- CEO: Virendra D. Mhaiskar
- Headquarters: Mumbai, Maharashtra
- Market Capitalization: ₹32,586 crore
- Industry/Sector: EPC, Infrastructure Development
- Number of Employees: Around 3,000 employees
- Revenue (Annual): ₹4,826.03 crore
- Major Projects: Mumbai-Nagpur Super Communication Expressways, Delhi-Vadodara Expressways
- Website: https://www.irb.co.in/
Conclusion
India’s construction industry is at the forefront of the nation’s transformation. What they construct is more than just buildings—they are constructing the future of cities, infrastructure, and everyday life. From highway and bridge building to airport and smart city development, these builders bring vision and capability to each project. Their emphasis on quality, innovation, and timely delivery makes them key components of India’s progress.
With every project, they construct not only structures but opportunities for expansion and community progress. Their presence is seen in the new look of urban and rural India. These
companies are the epitome of the vitality, ability, and energy of a rising nation.
Also Read: Manufacturing Companies in India
FAQs:
What criteria are typically used to rank construction companies in India?
Aside from other competitors, revenue and project size is typically how they are ranked. Other considerations are their technology, reputation, and overall market value.
In what ways have the infrastructure development activities in India impacted these construction companies?
The rapid growth in construction has considerably benefitted these companies. The transportation, energy, and urban sectors have brought a multitude of projects, which have given these firms business and expansion opportunities.
What are some of the major issues being experienced by construction companies in India?
Indian construction companies have better productivity and revenues as a result of severe time constraints set by the clients. They also face problems with land acquisition, obtaining the necessary licenses, and negotiating contracts.
In what ways are these construction companies adapting to the challenges of sustainability in the modern world?
Many leading companies are addressing the new world challenges by adopting a greener and more responsible approach to business along with the use of sustainable materials. Plus, their efficiency and quality are further enhanced with the application of modern technologies like BIM and automation.
