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Construction Industry in India

Construction industry is one of the pivots of Indian economy. It contributes more than 5 per cent to the nation's GDP and employs over 3 Crore people. As per the estimate  of the Planning Commission, Government of India,  the investment requirement in infrastructure during the 11th Five Year Plan period will be about INR 14,50,000 Crore. So, there is huge potential for investment in various sectors of infrastructure such as townships, housing, built-up infrastructure and construction-development projects, etc. It is expected that the economic activities in the construction industry will be increased in par with the current rate of economic growth.
FDI up to 100% though automatic route is permitted, subject to certain conditions, for construction & development projects including housing, commercial premises, resorts, educational institutions, recreational facilities, city and regional level infrastructure and townships.   

CLG Construction Industry Practice

The CLG Construction Industry Practice team includes lawyers and technical professionals, having considerable experience in this sector. CLG’s Construction Industry Team has the unique experience of working with both public and private sectors. Our Construction Industry Practice encompasses the following:-

  • Pre-Bidding Due Diligence
  • Documenting Tenders and Bidding Documents
  • Negotiating, drafting and vetting Agreements
  • Consultancy services on all aspects of Construction Industry
  • Regulatory Clearance and Compliance
  • Representing Clients before Courts and other Dispute Resolution Bodies

 

 

 
 
 
 
 
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