The India road construction market size reached USD 142.40 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 341.31 Billion by 2033, exhibiting a growth rate (CAGR) of 10.20% during 2025-2033. The market is witnessing steady growth due to government-supported infrastructure programs, increased private sector participation, and additional emphasis placed on rural and border connectivity. Additionally, enhanced execution models, digital monitoring tools, and corridor-focused planning are collectively improving project delivery, quality standards, and logistical efficiency.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 142.40 Billion |
Market Forecast in 2033 | USD 341.31 Billion |
Market Growth Rate 2025-2033 | 10.20% |
Acceleration of Highway Development Through Flagship Infrastructure Programs
Highway development in India is gaining steady traction, supported by comprehensive national programs aimed at modernizing transport corridors and enhancing logistics efficiency. Initiatives led by the central government are reshaping the landscape of long-distance connectivity by streamlining approvals, encouraging private participation, and focusing on economic corridor development. For instance, as per the statements of a senior government official, the Ministry of Road Transport and Highways completed the construction of 12,349 kilometers of national highways in 2023–24, representing its second-largest accomplishment to date. This push is promoting multimodal integration and enabling smoother freight movement between key industrial and agricultural zones. In response to the need for faster execution and transparency, new models of public-private partnerships are becoming more prevalent. Moreover, these developments are addressing network gaps, easing congestion, and improving the efficiency of the road transport system. As a result, the market is seeing increasing demand for large-scale projects with faster turnaround times and strict performance benchmarks.
Strategic Shift Toward Rural and Border Road Development
In India, road construction is shifting focus from urban and intercity corridors to rural access and strategic border regions. Rural road programs are improving mobility in previously disconnected areas, supporting agricultural trade, access to services, and rural employment generation. Concurrently, strategic road building near sensitive borders is receiving greater attention to ensure secure and rapid troop movement, especially in high-altitude or terrain-challenged zones. For instance, in July 2024, the Border Roads Organisation announced the commencement of Phase III of the India-China Border Roads project, in partnership with CPWD and NPCC. This collaboration aims to enhance connectivity in eastern Ladakh, with five new roads planned under this phase. These developments are reshaping the contractor landscape, requiring specialized equipment, localized project management skills, and familiarity with difficult geographies. In addition to improving defense preparedness, these projects are also unlocking new economic potential in underdeveloped regions by facilitating tourism, local commerce, and regional trade. However, the shift towards rural and border infrastructure is broadening the scope of the road construction market, pushing it beyond mainstream highways and metro-driven projects, and creating a more balanced and inclusive development approach.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes earthworks, paving construction, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes expressways, national highways, state highways, major district road, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Earthworks, Paving Construction, Others |
Applications Covered | Expressways, National Highways, State Highways, Major District Road, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: