Larsen & Toubro GDR

Dublin, June 14, 2024 (GLOBE NEWSWIRE) -- The "India Prefabricated Construction Industry Business and Investment Opportunities Databook - 100+ KPIs, Market Size & Forecast by End Markets, Precast Products, and Precast Materials - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering. The prefabricated construction industry in India is expected to grow by 14.4% to reach INR 1,146 billion in 2024, growing steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 13.5% during 2024-2028. The prefabricated construction output in India is expected to reach INR 1,904.8 billion by 2028. The rising adoption of prefabricated technology, coupled with government initiatives will lead the market growth in 2024. Larsen & Turbo (L&T) revealed that their clients are widely accepting prefab construction technology due to faster construction time and project deliveries using off-site modular construction methods. The Ayodhya Development Authority (ADA), on the other hand, is installing prefabricated toilets at all the scenic ghats along the holy Sarayu River. The industry is also expected to receive growth support from the booming data center market in India in 2024. The adoption of prefabrication technology is growing rapidly in the Indian market in 2024 The real estate and construction sector is transforming in the Indian market. This comes as industry leaders like Larsen & Toubro and Tata Realty & Infrastructure embrace prefabrication and precast technology. » Mehr auf globenewswire.com

Larsen & Toubro Limited (LTOUF) Q3 2024 Earnings Call Transcript » Mehr auf seekingalpha.com