The Infrastructure of the country plays a vital role in its growth, as it forms the base for development and opens the way for multidimensional development. Infrastructure is a vast sector, which includes the physical appearance of any airport, road, dam, building, etc.
For Developing Country like India, Infrastructural Development is of utmost importance and various infrastructure companies are contributing effectively to the growth of the nation.
Infrastructure is basic physical and organisational structures that are needed for the operation of a society/enterprise, or the services and facilities necessary for an economy to function. It can be defined in simpler words as the set of interconnected structural elements that provide framework supporting an entire structure of development.
Infrastructure plays an important role in the economic development of an economy, as its a factor that can either give a boost or impede the development of the overall economy.
The core sectors of infrastructure includes energy, transport, education etc. Infrastructural growth gives a boost to the urbanisation, contribution to the national income, employment generation, Attract FDI, PPP initiatives, Capital formation, entrepreneurship and rural development.
This article lays down the list of Top 10 Infrastructure Companies in India on the basis of market capitalization.
10. IRB Infrastructure Developers Limited
IRB Infrastructure Developers Limited is a leading road construction company in India and has completed the road projects of more than 9,000 kilometres. Some of its major completed projects are Ahmedabad-Vadodara Expressway and Mumbai-Pune Expressway.
9. GMR Infrastructure Limited
Apart from India, the company also handles projects in many countries like Turkey, Maldives, Singapore, Philippines, Indonesia, etc.
This company has secured the eighth position in the list of Top 10 Infrastructure Companies in India. Thermax is an Indian energy and environment engineering company which is based in Britain and India.
This company is involved in manufacturing boilers, vapour absorption machines, offers water and waste solutions and installs captive power projects.
Thermax is though a historic brands renowned for its toughened glass company. The company was founded in the year 1980 and has its headquarters situated in Pune. The company offers products such as chillers for large scale air conditioning units, boilers and steam generators.
7. Engineers India
Engineers India Limited (EIL) is a public sector undertaking which is a Navratna company under the Ministry of Petroleum and Natural Gas. The company has its head office situated in Delhi.
The company was established in the year 1965 for petroleum refineries and other industrial projects. The company offers services in designing, turnkey contracting and engineering fields, pre-project, project implementation, project implementation services.
6. NBCC (India)
This navratna organisation was established in the year 1960 and has its headquarters situated in New Delhi. NBCC India is engaged in Real Estate Development & Construction business, Project Management Consultancy etc.
The company’s contribution in the power segment includes designing, construction & engineering services for power, cooling towers, chimneys and civil projects.
5. ABB India
The company was incorporated in the year 1949 in India, which is an arm of the Swedish-Swiss multinational corporation headquartered in Zurich.
This company is one of the largest engineering conglomerate in the world, which has its presence in more than 100 countries, including India.
ABB has its seven corporate research centres that are based in India. The company stands as the largest global supplier of industrial drives and motors, power grids and the largest provider of generators to the wind industry.
Bharat Heavy Electricals Limited (BHEL) came into existence in the year 1964 and has its headquartered situated in New Delhi. This Maharatna Company with operations in more than 70 countries in the world. The company is engaged in engaged in manufacturing of electrical, infrastructural and industrial equipments.
It has more than 15 manufacturing units and repair units in India and also export various products to more than 20 countries in the world.
This German multinational company is next in the list of Top 10 Infrastructural Companies in India, which was established in the year 1847 and in 1922 the company had made its debut in India
The domains in which the company offers its services are infrastructure, power, energy, energy management, building technology and mobility.
2. Adani Ports
Adani Ports and Special Economic Zone Limited (APSEZ) is the country’s largest privately held multi-port operator. Part of the Adani Group, the company is an integrated infrastructure corporation that has been serving the nation with its services infrastructure and other allied niches.
It was founded in the year 1998 and has its headquarters sitauted in Ahmedabad. The company was earlier known as Mundra Port & Special Economic Zone Ltd. It was later in 2012 that the company has changed its name to the current one.
1. Larsen & Toubro Infrastructure Development Projects Limited (L&T IDPL)
Larsen & Toubro Infrastructure Development Projects Limited (L&T IDPL) is the leader among the infrastructure companies in India and accounts for construction of various projects of national importance. A part of Larsen & Toubro (L&T) Group, this company was started in the year 1995 and presently undertakes projects related to roads, ports, metro rail, power, etc.
The Company is one of the largest Road Developers in India and has project portfolios for road construction of more than Rs 18,000 Cr. Some of the major projects operated by the company are Coimbatore Bypass, Gujarat Refinery for IOCL, Krishnagiri bypass in Krishnagiri, Tamil Nadu, Fertilizer Plant for NFCL, Kakinada and Panipat Elevated Corridor.