Construction GVA growth in India FY 2015-2020

In fiscal year 2017, there was a growth in the real gross value added in construction industry across India of about 1.7 percent. This was a decline in the GVA growth compared to the previous year. Poor demand in the real estate sector has affected the country's construction sector. Capital expenditure growths were affected by land acquisition issues, approvals and deferred capex plans.

GVA growth in construction industry in India from financial year 2015 to 2017, with estimates until 2020

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Sources

Release date

January 2020

Region

India

Survey time period

FY 2015 to FY 2017

Special properties

GVA at basic prices.

Supplementary notes

Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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