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Global India Construction Materials Tenders

India Construction Materials Tenders

Latest India Construction Materials tenders. Discover new opportunities for Construction Materials tenders daily and win lucrative contracts across India.

How big is the Construction Materials market in India?

The Indian construction materials market is a thriving industry with an estimated value of over $240 billion in 2023. It is driven by factors such as rapid urbanization, increasing infrastructure development, and rising disposable incomes. The market is projected to grow at a CAGR of 7% from 2023 to 2027, reaching a value of over $370 billion by 2027.

Indian government Construction Materials Procurement

The Indian government plays a crucial role in ensuring the availability of high-quality construction materials to support the country's rapid infrastructure development. Through strategic procurement initiatives, the government aims to ensure a steady supply of essential materials, promote standardization, and foster innovation in the construction sector. In 2022-23, the government allocated an estimated ₹2 trillion (approximately US$25 billion) to construction materials procurement, demonstrating its commitment to building a robust and sustainable infrastructure foundation.
Several factors contribute to the substantial growth in India government construction materials procurement:
Surging infrastructure demand: India's infrastructure needs are immense, driven by rapid urbanization, population growth, and economic expansion. The government is investing heavily in infrastructure projects, such as highways, railways, airports, and urban development initiatives.
Ensuring quality and standardization: The government plays a critical role in ensuring the quality and standardization of construction materials to maintain safety and structural integrity in infrastructure projects. Procurement policies are designed to promote the use of certified materials and adherence to national and international standards.
Promoting innovation and local manufacturing: The government is encouraging innovation in the construction materials sector to enhance efficiency, reduce environmental impact, and promote the use of sustainable materials. Procurement initiatives are also focused on supporting local manufacturing and encouraging the development of a robust domestic supply chain.

What Construction Materials does the Indian government buy?

The Indian government is a major procurer of construction materials, with an annual spending of over $60 billion. The key construction materials procured by the government include:
Cement: Cement is a crucial material for infrastructure development, and the government procures large quantities for construction projects such as roads, bridges, and buildings.
Aggregates: Aggregates, such as sand and gravel, are essential components of concrete and are procured by the government for various construction activities.
Steel: Steel is used extensively in construction, and the government procures various types of steel products, including rebar, structural steel, and plates.
Timber: Timber is a versatile material used for construction, furniture, and other applications. The government procures timber for various projects, including rural housing and public infrastructure.
Asphalt: Asphalt is used for road construction and maintenance, and the government procures large quantities of asphalt for its road development initiatives.

Major Construction Materials buyers in Indian government

The top authorities responsible for construction materials procurement in India include:
The Ministry of Housing and Urban Affairs (MoHUA): MoHUA oversees the procurement of construction materials for various urban development projects, including housing, sanitation, and smart cities initiatives.
The National Highways Authority of India (NHAI): NHAI is responsible for the procurement of construction materials for the development and maintenance of national highways across the country.
The Indian Railways: The Indian Railways procures large quantities of construction materials for railway infrastructure projects, including tracks, bridges, and stations.
The Airports Authority of India (AAI): AAI manages and procures construction materials for airport development and maintenance projects across India.
The Public Works Department (PWD): The PWD is responsible for the procurement of construction materials for various infrastructure projects at the state and municipal levels.

Who wins the most Construction Materials contracts from the Indian government?

The top winners of construction materials procurement contracts in India include:
UltraTech Cement: UltraTech Cement is India's largest cement producer and a major supplier to the government.
JSW Steel: JSW Steel is a leading steel producer and a significant supplier of steel products to the government.
ACC Limited: ACC Limited is a major cement producer and a key supplier to the government for various infrastructure projects.
Shree Cement: Shree Cement is a prominent cement manufacturer and a supplier to government projects across India.
Ambuja Cement: Ambuja Cement is a leading cement producer and a major supplier to the government for construction projects.

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1864 Live Notices for India Construction Materials Tenders

Showing 1 to 20

country India
posting date17 Apr 2024
deadline30 Apr 2024
country India
posting date17 Apr 2024
deadline08 May 2024