India GDP/GVA From Construction

India GDP/GVA From Construction: Key Updates

 Latest Release
May, 2025

Value(Constant) – Q4 (2024–25)
4,63,641 (₹ Crore)

Value(Constant) – Q3 (2024–25)
3,89,990 (₹ Crore)

Source: Ministry of Statistics & Programme Implementation (MOSPI)

Quarterly GVA From Construction Summary – Q4 FY 2024–25 (Jan–Mar)

Construction Output: Real GVA (Constant 2011–12 Prices)

  • Q4 2024–25: ₹4.64 lakh crore (₹4,63,641 crore) (approx. $55.8 billion)
  • Q4 2023–24: ₹4.19 lakh crore (₹4,18,570 crore) (approx. $50.4 billion)
  • Growth Rate: 10.8% year-on-year

India’s construction sector recorded a real GVA of ₹4.64 lakh crore in Q4 2024–25, rising 10.8% YoY. The robust growth reflects continued public infrastructure investments, housing expansion, and strong performance in road and urban transport projects.

Construction Output: Nominal GVA (Current Prices)

  • Q4 2024–25: ₹7.71 lakh crore (₹7,70,743 crore) (approx. $92.9 billion)
  • Q4 2023–24: ₹6.95 lakh crore (₹6,95,298 crore) (approx. $83.7 billion)
  • Growth Rate: 10.9% year-on-year

At current prices, nominal GVA from construction surged to ₹7.71 lakh crore, up 10.9% YoY, reflecting both real activity expansion and cost escalations in materials, labor, and project scale.

Quarter-wise Real GVA from Construction (2024–25)

  • Quarter 1 – ₹3.70 lakh cr
  • Quarter 2 – ₹3.49 lakh cr
  • Quarter 3 – ₹3.90 lakh cr
  • Quarter 4 – ₹4.64 lakh cr

Note: This page presents Gross Value Added (GVA) data for the Construction sector, which is often referred to as “GDP from Construction” in public usage. GVA is the sectoral component that contributes to the overall GDP.

Quarter-wise GDP/GVA From Construction Chart

India GDP From Construction Chart - Historical Quarter Wise Data & Trends

India's GVA From Construction Chart - Historical & Current Trends

Annual GDP/GVA From Construction Updates

Annual GVA from Construction Summary Estimates (2024–25)

Annual Real Output from Construction GVA (Constant Base Year: 2011–12)

  • 2024–25: ₹15.72 lakh crore (₹15,72,285 crore) (approx. $189.4 billion)
  • 2023–24: ₹14.38 lakh crore (₹14,37,788 crore) (approx. $173.1 billion)
  • Growth rate: 9.4% year-on-year

India’s construction sector posted a real GVA of ₹15.72 lakh crore in FY 2024–25, showing a robust 9.4% growth over the previous year. The growth was driven by higher government capital spending, real estate revival, and strong infrastructure demand across transport and housing.

Annual Nominal Output from Construction GVA (Current Prices)

  • 2024–25: ₹26.27 lakh crore (₹26,27,009 crore) (approx. $316.5 billion)
  • 2023–24: ₹24.01 lakh crore (₹24,01,618 crore) (approx. $289.3 billion)
  • Growth rate: 9.4% year-on-year

At current prices, nominal GVA from construction rose to ₹26.27 lakh crore, marking a 9.4% increase from FY 2023–24. This reflects both strong physical expansion and higher input costs, particularly in cement, steel, and skilled labor.

Note: This page presents Gross Value Added (GVA) data for the Construction sector, which is often referred to as “GDP from Construction” in public usage. GVA is the sectoral component that contributes to the overall GDP.

Annual GDP/GVA From Construction Chart

Line chart showing India's GVA from Construction between 1980 – 2025 in ₹ crore, at both constant and current prices.
India's Construction GVA (1980–2025) in ₹ crore, shown at constant (2011–12) and current prices.

FAQs

What does "Construction" mean in GDP data?

In GDP and national accounts, Construction refers to economic activities related to building infrastructure. This includes residential and commercial buildings, roads, bridges, dams, metro projects, ports, and public infrastructure development.

It is estimated using: Government capital expenditure, Financial data from construction firms, Input cost surveys, and Labour and wage statistics. MoSPI uses these indicators to estimate both real (inflation-adjusted) and nominal (current price) values.

Construction is a high-employment, high-investment sector. GVA from Construction reflects the health of: Public infrastructure spending, Real estate cycles, and Urban development.

The data is compiled and released by India’s Ministry of Statistics and Programme Implementation (MoSPI). It’s published in: Quarterly GDP reports, and Annual National Accounts Statistics (NAS)

GVA from Construction is published: Quarterly, along with GDP data, and Annually, as part of the Provisional Estimates (May) and Revised Estimates (January and February of subsequent years)

The data is taken from official releases by MoSPI, typically updated within a day or two of publication. It includes both constant price (real) and current price (nominal) data, displayed in chart and table formats for user-friendly analysis.

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