The designing, planning, building, construction, and operations management of infrastructure, such as buildings, facilities, roads, tunnels, bridges, airports, train buildings, dams, utilities, and other projects, is the focus of the professional subfield of civil engineering known as construction engineering.
India’s manufacturing sector for capital goods provides a solid foundation for its involvement in a variety of industries, including consumer goods, infrastructure, engineering, and construction.
In India, the engineering industry is the biggest industrial sector. It is representative of 63% of all foreign collaborations and 27% of all industrial sector factories. Capacity expansion in industries such as infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables is driving demand for services in the engineering sector. India enjoys a competitive edge in a number of engineering subsectors when it comes to manufacturing costs, market knowledge, technology, and innovation. Over the past few years, India’s engineering sector has grown remarkably thanks to increased investment in infrastructure and industrial production. Given its close ties to the manufacturing and infrastructure sectors, the engineering sector holds significant strategic value for the Indian economy.
The policies and initiatives of the Indian government also play a major role in the development of the engineering sector of the economy. The engineering sector is now open to 100% foreign direct investment (FDI) and has been delicensed. It has also become the largest contributor to the country’s total merchandise exports.
In June 2014, India joined the Washington Accord (WA) as a permanent member. It currently belongs to the elite group of 17 nations that have signed the WA permanently, an international agreement on engineering studies and engineer mobility.
List of Top 7 Engineering – Construction Company in India (BSE) based on Net Profit.
| Company Name | Net Profit (Rs. cr) |
| KEC Intl | 180.25 |
| EMS | 103.19 |
| Innovators Faca | 8.45 |
| Paramone | 7.57 |
| Teamo Productio | 2.88 |
| Shree Precoated | -0.53 |
| PBA Infra | -134.48 |
Source: BSE, India, last updated 16 February, 2024
This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:
Reference:
1.Adekunle, S. A., Aigbavboa, C. O., Ejohwomu, O., Adekunle, E. A., & Thwala, W. D. (2024). Digital transformation in the construction industry: A bibliometric review. Journal of Engineering, Design and Technology, 22(1), 130-158.
2. Zandee, D., Zutshi, A., Creed, A., & Nijhof, A. (2024). Aiming for bullseye: a novel gameplan for circular economy in the construction industry. Engineering, Construction and Architectural Management, 31(2), 593-617.
3. Kruesi, L., Gao, S., Anwar, M., Cranefield, J., & Oliver, G. (2024). Digital transformation in the construction industry: Applying a Knowledge Management System lens.
4. Li, N., Han, Y., & Gao, F. (2024). Theory and practice of BIM skills of construction management professional based on conceive–design–implement–operate engineering teaching mode. Computer Applications in Engineering Education, e22719.
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