Market challenges in construction industry in India 2023

Published by Sandhya Keelery, Aug 30, 2024
According to a survey conducted in 2023 in India, 39 percent of the respondents describe the level of market challenges of the construction industry in the next 12 months as a normal business cycle and global challenges. 51 percent of the respondents state that market challenges will be difficult but manageable. Results of this survey indicate that there is a positive consumer sentiment despite market challenges. All the respondents of this survey were industry leaders within the construction industry in India.

Market challenges in construction industry in India as of June 2023

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Release date

July 2023

Region

India

Survey time period

June 2023

Number of respondents

119 industry leaders

Supplementary notes

Survey question: From your organization's perspective, which of the following best describes the level of market challenges in the next 12 months?

Respondents included 90 project/infrastructure owner and 29 individuals from engineering/construction sector.

Survey type is not specified by the source.

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