Construction in India is one of the most powerful, thriving, and economically significant sectors in the country, accounting for 13% of the country’s GDP. Demand for hardware and building materials has been rising in recent years, fueled by the nation’s fast-developing social, energy, and commercial infrastructure projects. Meanwhile, artificial intelligence and robots, as well as the trend towards modular construction methods are providing major prospects for the sector. As a result, after growing by 10% in 2022, the Indian building materials market is predicted to rise by 8% in the next years. Consequently, having registered a 10% growth in 2022, the Indian building materials market is expected to exhibit an 8% growth in the coming years.
Nueconomy understands the significance of this thriving sector and its potential impact on economic development. In our ongoing commitment to providing market insights, we’ve identified a curated list of must-attend industry events for economic development organizations seeking to engage with the high-growth building construction industry in India.
Attending these major tradeshows is key for you as an economic development organisation to get a unique vantage point to engage with industry leaders, gain invaluable market intelligence, and foster mutually beneficial relationships in the burgeoning India building materials sector landscape.
Nueconomy assists you in navigating and maximizing opportunities at these major conferences so that you don’t miss the opportunity to tap the best of this robust sector. We partner with leading economic development organisations worldwide, offering comprehensive support for investment attraction, export promotion, and B2B collaboration efforts. Whether you’re looking to forge partnerships, explore investment prospects, or gain deeper insights into this dynamic sector, our expertise and industry connections can help you achieve your goals.
For inquiries and further assistance, please reach out to Nueconomy, your strategic partner in unlocking the potential of the Indian building materials industry.
(India, Building Industry, econdev, Trade support services)