India’s economic growth has primarily been driven by considerable investment in infrastructure development. The Indian construction industry is valued at approximately USD 125 Billion. Construction Sector is the second largest employer and contributor to economic activity in India. About 50% of the demand for construction in India comes from infrastructure projects, and the remaining from industrial, residential and commercial development. Sectors such as roads, airport, power and ports have become very attractive for both domestic and foreign investors. This is due to a strong project pipeline in the infra sector and a considerable opportunity size.
Mining provides the raw material for a host of basic industries such as steel and power, and is therefore the backbone for the manufacturing and infrastructure sectors. Mining contributes to about 1 % of India’s GDP. India is a mineral rich country and produces about 88 minerals– 4 fuel-related minerals, 10 metallic minerals, 50 non-metallic minerals and 24 minor minerals.
In 2014-15, India had 3025 operative mines – excluding mining areas for minor minerals, crude petroleum, natural gas and atomic minerals. India is the world's third-largest producer of coal, fourth-largest producer of iron ore and the fifth-largest producer of bauxite. Infrastructure projects provide lucrative business opportunities for the mining sector.