Skip to main content Skip to footer

India’s GDP rose 20.1% in the first quarter of FY2021-22

Construction activity to grow 1536

Construction activity rose by 68.3%, during the quarter, showing signs of recovery, against the April-June 2020 quarter, where it fell by about 50% due to stringent lockdown measures. 

Led by sustained demand in the residential sector and the ongoing vaccination drive, we expect a rebound in construction activity in next two quarters. It could still remain below pre-covid levels amidst uncertainty of third wave. 

Ramesh Nair, CEO, India & MD, Market Development, Asia at Colliers shared his views with Money Control.