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Infrastructure and Construction Industry are likely to witness decent growth in 2021 on account of demand revival. The Government's spending on big Infrastructure projects and affordable housing schemes such as Pradhan Mantri Awas Yojana with enhanced budgetary allocations would be "primary drivers of growth" for the Construction and Infrastructure Industry.

Civil Construction activity had witnessed a de-growth of 10-12 per cent due to the Covid-related disruptions. The outlook for civil construction in 2021 is robust, with growth estimated at more than 10 per cent Y-o-Y.

Revival of civil construction is likely to be led by the north, east and central regions of India. Thus will create enough work for small contractors in civil construction all over India.

 
The primary drivers of growth will be infrastructure and affordable housing. Highways and roads, metro rail projects and dedicated freight corridors are expected to see increased levels of activity with sharply higher budgetary allocations in the next year.

The continued focus on affordable housing will also ensure healthy demand for civil construction work in the coming year. With growing urbanisation and rural empowerment, the demand from these sectors is expected to accelerate civil construction.