Recap 2022 December 2022

2022 has been an interesting year for the construction industry, with many changes to supply routes and technology. With the continuing growth and evolution of the construction industry, companies must stay up-to-date if they want to remain competitive. This edition of eMag focuses on looking back to the year 2022. The Indian Construction Market is segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, and Energy and Utility Construction).

The construction sector witnessed a growth of 16.8 percent in the April-June quarter of FY2023, according to the Ministry of Statistics and Programme Implementation. The growth was possible on account of the government’s focus on infrastructure projects this year. The financial, real estate and professional services sector also showed a growth trajectory in the first quarter of 2022-2023 at 9.2 percent.

As we are nearing 2023, it’s time to take a look at construction industry trends over the past years and keep up with new and emerging trends in the industry. We have focused on trending news, innovation, bridges, building, structures and much more.

Articles in Emag are exclusive and will not be published in the portal