According to the RICS Global Construction Monitor, the Construction Activity Index (CAI) in India is rising, outpacing global averages. This growth is attributed to an industrial transformation and supportive economic conditions that have allowed the property sector to thrive even as interest rates have risen sharply.
The World Bank predicts that India will continue to exceed a 6% growth rate, driven by a robust domestic market and positive international trade dynamics. These factors underscore the optimism surrounding the future of construction in India, as the sector demonstrates resilience and adaptability in the face of challenges.
