Join

Join TheConstructor to ask questions, answer questions, write articles, and connect with other people. When you join you get additional benefits.

Have an account? Log in
Continue with Facebook
Continue with Google
or use


Have an account? Log in Now

Log in

Log in to TheConstructor to ask questions, answer people’s questions, write articles & connect with other people. When you join you get additional benefits.

Join Here

Join for free or log in to continue reading...

Continue with Facebook
Continue with Google
or use


Forgot Password?

Don't have account, Join Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Log in Now

Sorry, you do not have permission to ask a question, You must log in to ask a question. Join now!

Join for free or log in to continue reading...

Continue with Facebook
Continue with Google
or use


Forgot Password?

Don't have account, Join Here
Join now!
The Constructor Logo The Constructor Logo
Log inJoin

The Constructor

The Constructor Navigation

  • Articles
    • Recent Articles
    • Popular Articles
    • Write for us
  • Community
  • Categories
    • How To Guide
      • Material Testing Guide
    • Concrete
    • Building
      • Brick Masonry
      • Building Materials
      • Building Tips
    • Construction
      • Equipments
      • Management
    • Digital Construction
    • Geotechnical
      • Foundation
  • Case Studies
Search
Ask A Question

Mobile menu

Close
Ask a Question
  • Questions
  • Ask Questions
  • Write for us
  • Artificial Intelligence
  • Sustainability
  • Building
    • Brick Masonry
    • Building Materials
    • Building Tips
    • Formwork/Shuttering
  • Concrete
    • Concrete Admixtures
    • Cement
    • Concrete Cracks
    • Concrete Properties
  • Construction
    • Construction Equipments
    • Construction Management
    • Construction Project
    • Estimating & Costing
  • How To Guide
    • Material Estimation
    • Repair/Protection Guide
    • Material Testing Guide
    • Mix Design Guide
    • Rate Analysis
  • Geotechnical
    • Foundation Engineering
    • Ground Improvement
  • Structural Engineering
    • Strengthening of Structure
    • Structual Inspection
    • Structural Detailing
  • Surveying
  • Tips

Explain the importance of construction industry for the economic development of the country?

Home/ Questions/Q 47321
Next
In Process

Do you need to remove the ads? Join now!

Asked: July 29, 20202020-07-29T09:39:59-07:00 2020-07-29T09:39:59-07:00In: Miscellaneous
aviratdhodare
aviratdhodare

aviratdhodare

  • 37 Questions
  • 252 Answers
  • 0 Best Answers
  • 480 Points
View Profile
aviratdhodare

Explain the importance of construction industry for the economic development of the country?

  • 32
  • 4 4 Answers
  • 7,877 Views
  • 0 Followers
  • 0
  • Share
    Share
    • Share on Facebook
    • Share on Twitter
    • Share on LinkedIn
    • Share on WhatsApp

4 Answers

  • Voted
  • Oldest
  • Recent
  1. nikeetasharma

    nikeetasharma

    • 23 Questions
    • 303 Answers
    • 0 Best Answers
    • 2,680 Points
    View Profile
    nikeetasharma Guru
    2020-09-10T23:59:07-07:00Added an answer on September 10, 2020 at 11:59 pm

    The construction industry is an important sector that contributes more in the economic growth of the country. With the contribution of construction industry to the economic development and economic activities, it contributes a high significant affect in the development of the country. Construction industry is also said to be an investment-led sector where government shows high interest. Government contracts with construction industry for the development of an infrastructure related to health, transport as well as education sector.

     

    • 35
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
  2. aviratdhodare

    aviratdhodare

    • 37 Questions
    • 252 Answers
    • 0 Best Answers
    • 480 Points
    View Profile
    aviratdhodare
    2020-10-05T22:30:23-07:00Added an answer on October 5, 2020 at 10:30 pm

    What if I said construction is the 2nd largest economic activity in the country next to agriculture?

    Around 25% of nation’s working population depends on construction and its allied activities for their livelihood. (I am one of them :D )

    Just imagine the investments made in construction industry which is very much required for economic development of our nation. These investments increase opportunities.

    When opportunities increase, GDP of the nation automatically increases. (GDP is the measure of country’s economy)

    The infrastructure required by any industry is provided by construction industry. So, construction industry is an evergreen industry which helps in developing our nation.

    The main thing to be noticed here is: THE OUTPUT FROM CONSTRUCTION INDUSTRY BECOMES AN ASSET OF THE NATION

    Being a civil engineer, I feel very happy writing this answer.

    There should be many more opportunities in Construction field so that many families in our country get benefited and there will be economic growth in our country.

    good mode of transport and connectivity also provides in economic growth as it makes it economical both in terms of money and labor. And even attracts further investments.

    • 33
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
  3. Komal Bhandakkar

    Komal Bhandakkar

    • 49 Questions
    • 255 Answers
    • 0 Best Answers
    • 2,050 Points
    View Profile
    Komal Bhandakkar AUTHOR
    2020-10-09T21:19:29-07:00Added an answer on October 9, 2020 at 9:19 pm
    This answer was edited.

    Importance of the construction industry in India:

    The construction industry of India is one of the crucial factors which indicates the development of our country.


    Construction industry of India creates investment opportunities across various related fields.


    The construction industry of India has contributed 670778 crores for a share of around 8.2 %.


    The industry is fragmented with a handful of major companies involved in the construction activities across all segments.


    Thank you.

    • 31
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
  4. Ajinkya Morey

    Ajinkya Morey

    • 0 Questions
    • 6 Answers
    • 0 Best Answers
    • 156 Points
    View Profile
    Ajinkya Morey Beginner
    2020-07-29T18:16:07-07:00Added an answer on July 29, 2020 at 6:16 pm

    Construction industry a great boost in the economy as it pays the high tax to the government.

    Survey says that the construction industry has contributed an estimated ₹670,778 crores to the national GDP at factor cost in 2011–12.

    So as we see the growth of the economy depends on construction industry

    • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp

You must log in to add an answer.

Join for free or log in to continue reading...

Continue with Facebook
Continue with Google
or use


Forgot Password?

Need An Account, Join Here

Sidebar

Popular Articles

  • Gopal Mishra

    Types of Foundation for Buildings and their Uses [PDF]

  • Gopal Mishra

    Compressive Strength of Concrete -Cube Test [PDF], Procedure, Results

  • Sadanandam Anupoju

    16 Types of Heavy Equipment Used in Construction

  • Gopal Mishra

    Calculate Quantities of Materials for Concrete -Cement, Sand, Aggregates

  • Padmanabhan G

    Methods of Rainwater Harvesting [PDF]: Components, Transportation, and Storage

Recent Articles

  • constructororghq

    Effective Ways to Combat Construction Site Theft

  • constructororghq

    The Top Flat Roof Solutions to Keep Your Home Protected

  • constructororghq

    Avoiding Costly Flood Damage in Your New Construction Project

  • constructororghq

    The ABCs of Pipeline Pigging: Everything You Need to Know

  • constructororghq

    The Yellow Standard: Why Construction Equipment is Always Yellow

Recent Questions

  • jkshah

    Which is the code used for the design of the RCC Bridge?

    • 1 Answer
  • AKM59

    What is the tolerance for compression test results of concrete, according to the standards?

    • 1 Answer
  • Gopal Mishra

    What must be the maximum dry density of Granular Sub Base & Wet Mix Macadam used ...

    • 1 Answer
  • Gopal Mishra

    What is the Safe Bearing Capacity values for Different Soils?

    • 1 Answer
  • Gopal Mishra

    What are the different types of handrails used in bridges?

    • 1 Answer

Explore

  • Questions
  • Ask Questions
  • Write for us
  • Artificial Intelligence
  • Sustainability
  • Building
    • Brick Masonry
    • Building Materials
    • Building Tips
    • Formwork/Shuttering
  • Concrete
    • Concrete Admixtures
    • Cement
    • Concrete Cracks
    • Concrete Properties
  • Construction
    • Construction Equipments
    • Construction Management
    • Construction Project
    • Estimating & Costing
  • How To Guide
    • Material Estimation
    • Repair/Protection Guide
    • Material Testing Guide
    • Mix Design Guide
    • Rate Analysis
  • Geotechnical
    • Foundation Engineering
    • Ground Improvement
  • Structural Engineering
    • Strengthening of Structure
    • Structual Inspection
    • Structural Detailing
  • Surveying
  • Tips

Footer

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Ask Questions
  • Write for us
  • Popular Questions
  • Facebook
  • Instagram
  • Twitter
  • Telegram

© 2009-2021 The Constructor. All Rights Reserved.