product market study construction services in india date october 2005 1 0 introduction the industry is increasingly becoming a technically advanced sector technological advances made recent decades and ever increasing volume of activity increase demand for advance s employs work force nearly 32 million its size worth billions dollars during 2000 01 to 2004 05 about us 15 50 billion were spent by indian government only on power plants while all state governments combined have 333 30 civil works such as bridges health centers clinics hospitals welfare centre etc based demographic trends 2011 there will be 115 urban housing units 202 rural forecasts likely growth population 2 per annum indicate that building stock rise 6 each year till overview real estate expected become one key global economies within decade already fourth largest economy world measured