Indian History

Construction Industry

Share of Construction industry in Total Gross Value Added(GVA) at basic prices for the year 2019-20 at constant prices(2011-12) is 7.8%. Construction industries take up the work of construction of buildings, bridges, roads, dams, canals. This industry is different from all other types of industry because in case of other industries goods can be produced at one place and sold at another place. But goods produced and sold by constructive industry are erected at one place. Output and other details of Construction Industry for the year 2019-20 at constant prices (2011-12) ( ₹ crore) are as follows:
    Output 28,78,401
    Intermediate consumption 18,42,867
    GVA at basic prices 10,35,534
    CFC 94,996
    NVA at basic prices 9,40,538
    Gross Capital Formation 3,82,505
    GVA to Output Ratio 36.0
    GCF to Output Ratio 13.3