Investment in Renewable Energy Sector Propelling Growth in the EPC Market in India

FOR IMMEDIATE RELEASE, Illinois – United States – December 19,2014 (PR Buzz): Reportstack has announced a new market research report on the EPC Market in India 2015-2019, which is expected to grow at a CAGR of 20.26 percent during the period 2014-2019.

The EPC vendors in India receive projects from various end-users such as the Transportation, Energy, Oil and Gas, and Communication sectors. The GOI has strengthened its focus on infrastructure development and is expected to increase its spending in the infrastructure of the sectors mentioned above. Private players in various sectors are also expected to increase their spending in infrastructure during the forecast period. Better economic situation for India during the forecast period will help EPC vendors in receiving more projects from both the GOI and private players.

“Over the past few years, investment in the Renewable Energy sector has increased tremendously. Renewable energy has been viewed as a very important and sustainable solution to meet India's energy needs,”.

Key Market Drivers

Infrastructure Investment by GOI
Investments from Private Sector
Improvement in Indian GDP Growth Rate

Key Market Trends

Urbanization in India
Investment in Renewable Energy and Storage Sectors
Entry of New Players

Key Market Vendors

GMR Group
Jaiprakash Associates Ltd.
Larsen and Toubro Ltd. (L&T)
Nagarjuna Construction Company Ltd. (NCC)
Punj Lloyd Ltd.

To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Complete report available @ EPC Market in India 2015-2019.

Contact:

Debora White
United States
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Ph: +1-888-789-6604
Reportstack

###

 

 
This press release has been viewed 546 times on PR Buzz.