Construction Industry Essay

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Construction industry
Construction industry of India is an indicator of the overall development of the country. The construction industry provides various investment as well as employment opportunities in various sectors. The construction industry has contributed to a greater extent in the gross domestic product of the country. So the industry plays a major role in the overall development. The construction activities are divided into various segments where there are major companies, medium sized company involving themselves only in niche activities. Also the contractors who work on contract basis and carry out the work. There are more than 500 companies all over India involved in the construction business. This industry provides employment
The important reason for infrastructure development through public and private mechanisms has not reached the expected levels.
The industry comprises 200 firms in the corporate sector.

The Indian construction industry comprises 200 firms in the corporate sector. In addition to these firms, there are about 120,000 class a contractors registered with various government construction bodies. There are thousands of small contractors, which compete for small jobs or work as sub-contractors of prime or other contractors. Total sales of construction industry have reached ₹ 428854 million in 2004 05 from ₹ 214519 million in 2000-01, almost 20% of which is a large contract for Benson & Hedges.
Future challenges
The Indian economy has tremendous progress in the few decades. Most infrastructure development moved forward, at the growth rate 8 to 10 percent. The requirements of the construction industry has been given by the Union
Creating infrastructure, investment with the present emphasis is planned in the sector. The estimated investment planned by the union for infrastructure on $14500 $320 during the 11th Five Year
And also have plans to expand their business.
PROMOTERS:
• PRAGATI ASSOCIATES
• KIRTHI CONSTRUCTION
• DURGA DEVELOPERS
• REGAL DEVELOPERS & ASSOCIATES
• SHANTHANAND PROPERTIES LTD.

COMPETITORS:
• MANDAVI DEVELOPERS - MANIPAL ARE LOCATED IN MANDAVI RESIDENCY UDUPI • DHARANI ASSOCIATES, BANNANJE, UDUPI ARE ONE OF THE FAMOUS IN CONSTRUCTION INDUSTRY
• ADITYA DEVELOPERS & PROMOTERS
• ARCHANA PROJECTS – THEY ALSO ONE BULIDERS ENGAGED INTO FLATS AND SITES WHERE THE LOCATION IS ANANTH TOWERS, COURT ROAD UDUPI
• KIRTHI CONSTRUCTION – THEY PROVIDE AN EXCELLENT PLATFORM FOR CUSTOMERS TO BUY FLATS. AND SO THEY ARE COMPETITORS FOR SAI RADHA BUILDERS. LOCATED IN MAITHRI COMPLEX UDUPI

• UDUPI DEVELOPERS -- THEY ARE ONE OF THE MASTERS IN CONSTRUCTION FIELD. WITH GREATER YEARS OF EXPERIENCE. LOCATED AT REGAL ENTRY, NEAR KARAVLI JUNCTION, UDUPI

• BALLAL DEVELOPERS PVT. LTD.- BEING ONE OF THE MAJOR PLAYERS ARE COMPTION TO THE SAI RADHA BUILDERS. THEY ARE LOACTED IN HOTEL JANARDHANA COMPLEX UDUPI

• BETHEL CONSTRUCTIONS & REAL ESTATE—SITUATED AT VASUKI TOWERS , MISSION HOSPITAL ROAD, BADAGUBETTU, BANNANJE, UDUPI. THESE ARE ONE OF THE COMPETITORS OF THE SAI RADHA

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