By FMTeam We can’t even begin to stress the importance of infrastructure companies, especially in a country like India which is growing super fast. That’s how important such companies are. And thankfully, there literally are dozens of infrastructure or construction companies in India that are doing really well. So, let’s say you just want to know about such companies for educational purposes, or you maybe have an intent to invest in such companies, then you shouldn’t be skipping out on this post today. Why? Well, here we will be listing the top 10 leading infrastructure companies in India as of 2024, that’s why. Here we go.
1. Larsen & Toubro Ltd (L&T)
For sure, when we talk about infrastructure in India, the name L&T is the first one that pops up in our minds, and why’s that? Well, this company was established several decades ago, and the way they have built a reputation as an engineering powerhouse is through the successful delivery of high-profile projects like Delhi Metro and Mumbai’s Bandra-Worli Sea Link. The area of operation of L&T goes well beyond India and expands to the Middle East, Africa, and Southeast Asia. Because of the massive order book of ₹4,75,809 crore as of March 2024, L&T’s commitment to innovation and sustainable development makes it the leader in India’s infrastructure sector.
2. Reliance Infrastructure Ltd
Then, with the revolution it has brought to urban transit and power infrastructure, Reliance Infrastructure has created its own niche through iconic projects, we must say that at least. They are known for completing the Mumbai Metro. This company, which earned ₹19,132.55 crore, is credited with the use of effective project management as a means of building a reliable reputation in the country, you know? All in all, it is also responsible for the development of airports and inspection of power distribution, making it the ideal choice for urban developers.
3. IRB Infrastructure Developers
IRB Infrastructure Developers, which was introduced in the year 1998, has established itself as a key part of India’s highway development, but why? Well, one of the known projects performed, which the firm completed, is the Mumbai-Pune Expressway. IRB has an order book that runs into the hundreds and is made up of mostly toll projects in the country, worth ₹34,800 crore. The company has become an important element of the country’s connectivity chain by using the Build-Operate-Transfer (BOT) model as well as road projects so much so that it has now reached the status of a nation-building partner, and that’s a fact right there.
4. Rail Vikas Nigam Ltd (RVNL)
You might not have expected to see this one on the list, right? Well, as the important arm of the Railway Ministry, RVNL has contributed to the development of the Indian rail network since 2003. Just so you know though, it is primarily focused on the construction of new lines and the electrification of railways. Rail Vikas Nigam Ltd is a major player in the expansion of the Indian rail industry, having an order book of ₹85,000 crore with projects extending to Maldives, did you know that?
5. Tata Projects
Next on the list, as part of the Tata Group, which is a globally recognized name, Tata Projects is involved in all aspects of infrastructure from the construction of power plants to the raising of smart cities. As you may already know like it has a reputation for employing sustainable construction techniques which, in this context, includes a stable urban footprint. Its revenues stood at ₹18,045 crore, while its goal of environmental responsibility, quality construction, and offering jobs to many people in the country.
6. Macrotech Developers (Lodha Group)
Sure, in the luxury real estate sector, the Lodha group gets all the attention because of the many world-class buildings it built in places like Mumbai and Pune, not to mention projects like the World One Tower. Like, from luxury housing, the company has progressed to lower-cost housing thus making it adaptable but via entering into very specific and loyal production activities, a more sustainable and ethical design approach, isn’t that? Reportedly, with huge numbers like a revenue of ₹9,230 crore, Lodha Group surely combines aesthetic design with functionality, and that’s why we have given them a spot here.
7. Hindustan Construction Company (HCC)
Next up, as one of the oldest in the field of construction in India, HCC has always been a leading company in the area of building roads, railways, airports, and other infrastructure, don’t you think? Like, the Bandra-Worli Sea Link, the Banihal Tunnel, and the hydroelectric projects of Narmada and Tata Power have been some of the most important inventions that have made HCC a world-renowned brand in the field of sophisticated engineering.
8. NBCC India Ltd
Then, NBCC India Ltd is a well-respected company that manages public infrastructure projects including hospitals and residential complexes, and is part of the Ministry of Housing and Urban Affairs. Talking about financials, yes, with an order book numbering over ₹64,000 crore, NBCC has been extremely successful in both domestic and foreign markets.
9. GMR Airports Infrastructure Ltd
GMR Airports Infrastructure Ltd has built a name for itself as an industry leader in the management of airport infrastructure, having developed the major airports of Delhi and Hyderabad. Like, citing the International Airport of Operation in the Philippines and Greece, together with GMR’s growth and expansion is also one of the successful projects that it has had on its balance sheet. All in all, the increase in share price of 74% shows the result of the excellent work done by the company and its promising future
10. Engineers India Limited (EIL)
Last on the list, Engineers India Limited (EIL) has been an engineering consultancy leader around the world in the oil and gas space since 1965. Though, currently, it has extended its services to include high-speed rail and smart city projects, and that’s why we have given them a spot. Not just that though, having an incredible order book worth ₹96,581 crores, EIL is among the major players in India as of 2024.
Conclusion
All in all, the scale on which these companies work is kinda unmatched, and that’s why they have been able to be super successful among all the other names in the same sector. So, if you are investing in such companies, why not go for the best ones?