India Engineering Tenders

India's engineering market is a behemoth, valued at a whopping $65.3 billion in 2023. It's expected to reach a staggering $88.77 billion by 2028, growing at an impressive 6.35% annually. This growth is fueled by a surge in infrastructure development, manufacturing, and technological advancements.

The Indian government is a major player in this market, spending heavily on engineering goods and services. This procurement is a golden opportunity for both domestic and international engineering companies.

The government primarily procures:
Defense equipment: fighter jets, missiles, warships
Infrastructure: power plants, bridges, roads
Transportation: locomotives, aircraft, ships
Energy: renewable energy systems, oil & gas pipelines
Telecommunications: network equipment, satellites

Several authorities oversee this massive spending, including:
Ministry of Defence (MoD): responsible for defense procurement
National Highways Authority of India (NHAI): manages highway construction
Power Grid Corporation of India (PGCIL): handles power transmission
Indian Railways: procures locomotives and other railway equipment

Companies like Bharat Heavy Electricals Limited (BHEL), Larsen & Toubro (L&T), and Tata Power consistently bag major government contracts. International giants like Lockheed Martin and Airbus also have a significant presence.

Tags -
India engineering tenders, free India engineering tenders, India civil engineering tenders, India engineering consultancy tenders, global engineering tenders, India feasibility studies tenders, India engineering design tenders, India project design tenders, India infrastructure engineering tenders