The construction industry is projected to reach nearly $1.4 trillion by 2030, driven by sustained government spending on infrastructure, high-speed rail corridors, logistics and warehousing networks, industrial parks and urban redevelopment projects.With the Union Budget for this fiscal allocating a record ₹12.2 lakh crore towards capital expenditure, equivalent to about 4.4 per cent of GDP, the 12th edition of World of Concrete India 2026 provided a platform for industry stakeholders to explore innovations and partnerships that support India’s next phase of infrastructure development.Leading Indian and global enterprises, including UltraTech Cement, JSW Cement, Sika India, Asian Paints, Kansai Nerolac Paints, Silicon Infratech, Himadri and Chryso Saint-Gobain, among others, participated in the event.The key innovations on display included geopolymer concrete, high-performance admixtures, specialised dry mortar solutions, advanced waterproofing technologies, construction chemicals, and AI-enabled construction solutions.Dr LP Singh, Director General, National Council for Cement and Building Materials, said the country’s construction sector is poised for unprecedented growth with cement production expected to rise from nearly 500 million tonnes today to around 2,100 million tonnes by 2047 and 2,800 million tonnes by 2070.“The future of construction will depend on solutions that are not only green and sustainable, but also performance-driven and cost-competitive for real market adoption,” he said at the event organised by Informa Markets in India.Ravindra Tyagi, National President, Builders’ Association of India, North Region, said the construction industry has witnessed a major shift from labour-intensive practices to technology-led and machinery-driven execution.“As India’s infrastructure and housing needs continue to grow, mechanisation, skilled operations and timely execution will be critical to building a stronger and more efficient construction ecosystem,” he added in Mumbai on Wednesday.Yogesh Mudras, Managing Director, Informa Markets in India, said the country’s construction industry is projected to reach nearly $1.4 trillion by 2030, positioning the country among the world’s largest and fastest-growing construction markets.“As infrastructure projects become larger, more complex and increasingly focused on sustainability, the demand for advanced construction materials, digital technologies, automation and innovative building solutions continues to rise,” he added.Published on June 3, 2026