List of Fastest Growing Construction Companies in India released! MMRDA, MMRCL Leaders reveal MMR transformation plan at India Construction Festival

Construction leaders awarded included L&T, ITD, Afcons, NCC, KPIL, HG Infra, DRAIPL, Varindera, Patel Engineering, J Kumar, Vascon, Ramky, RPP at the 23rd Construction World Global Awards 2025 held at Jio World, Convention Centre in Mumbai. Also honoured were Ashwini Bhide, Principal Secretary to Chief Minister, Government of Maharashtra as Construction World Person of the Year – Public Sector and Jayanta Basu, Managing Director, ITD Cementation from Private Sector, while Afcons’ Executive Chairman K Subramanian won the Lifetime Achievement Award, amid other awards for innovation, sustainability at the concurrent RAHSTA Expo and India Construction Festival. Keywords: RAHSTA 2025, RAHSTA Exhibition, RAHSTA Expo, construction equipment, CW Awards, CWGA 2025, RAHSTA Conference, road equipment, Ashwini Bhide, Dr Sanjay Mukherjee, Praveen Pardeshi, MMRDA, MMRCL, MITRA, India Construction Festival, sustainable roads, road planning, road infrastructure “The complete Mumbai Metro Line 3 is all set to start,” informed Ashwini Bhide, Principal Secretary to the Chief Minister of Maharashtra and Managing Director, Mumbai Metro Rail Corporation (MMRC), during a fireside chat with Pratap Padode, Founder, ASAPP Info Global Group & Author of Tarmac to Towers – India’s Infrastructure Story at the 23rd Construction World Global Awards (CWGA) 2025 held along the sidelines of 15th RAHSTA Expo. Her announcement and the journey that she elaborated in course of completing this project, struck a chord with the audience, resonating with what Dr Sanjay Mukherjee, Commissioner of the Mumbai Metropolitan Region Development Authority (MMRDA), had earlier, in the morning, articulated in his keynote address of the RAHSTA Conference: that Mumbai’s transformation was not just about megaprojects, but also about delivering them sustainably and ahead of schedule.

Mukherjee revealed that the mission is to ensure that all commute ought to be within 59 minutes across the length and breadth of MMR. He also underscored the completion of the Mumbai Trans Harbour Link, nine months ahead of schedule (excluding the COVID period). “The project, once debated, has today enriched the environment: flamingo numbers have risen, aquatic life is thriving, and JICA now showcases it globally as a model of India–Japan cooperation,” he said, highlighting MMRDA’s commitment to safe, sustainable infrastructure.

Looking ahead, Bhide painted a larger picture of Mumbai’s growth trajectory. “Over the next five years, Mumbai is set to undergo a multi-billion-dollar transformation. We have already prepared a Growth Hub Plan for the Mumbai Metropolitan Region, with the ambitious target of achieving a USD one trillion economy by 2030 and USD five trillion by 2047. To reach this milestone, key projects have been identified, along with the policy changes required to support them. At the heart of this transformation lies infrastructure,” she said, reaffirming infrastructure as the anchor of economic progress.

Against this backdrop of ambitious urban renewal, CWGA 2025 celebrated leaders steering India’s infrastructure story. The most anticipated honours went to Ashwini Bhide, Principal Secretary to Chief Minister, Government of Maharashtra (Public Sector) and Jayanta Basu, MD, ITD Cementation India (Private Sector), named Construction World Persons of the Year for their role in shaping the country’s transformative growth. K Subramanian, Executive Chairman of Afcons, received the Lifetime Achievement Award for his enduring contribution to India’s infrastructure landscape.

Padode, Founder, ASAPP Info Global Group and Editor-in-Chief, Construction World, reminded the audience that India’s contribution to global economy has dwindled over the last 200 years sharply and called on the industry to move “beyond being contractors to creators—of unique skillsets, proprietary technologies, and niche capabilities.” He also spotlighted the concurrent RAHSTA Expo, showcasing cutting-edge innovations across roads and highways, with more than 100 exhibitors displaying construction equipment, geotextiles, crash barriers, and geospatial technologies.

Adding depth to the festival, the day also featured the Japan-India Road Engineering Seminar, where Praveensingh Pardeshi, Chief Economic Advisor to the Chief Minister of Maharashtra and CEO, MITRA, addressed the Japanese companies on future-ready policies and collaboration.

Celebrating India’s Builders The CWGA rankings spotlighted excellence across categories, reaffirming Larsen & Toubro as the Largest & Most Profitable Company, while NCC, Kalpataru Projects International, and Afcons Infrastructure dominated the ultra-large category. ITD Cementation, HG Infra, and Dineshchandra R Agrawal Infracon topped the large segment, while Ceigall and Varindera Constructions made their mark among mid-sized firms. New-York based Engineering News-Record magazine editor Bryan Gottlieb also presented the recognition trophies to global design engineering companies listed on ENR magazine, at the event.

Part of the 11th India Construction Festival (ICF), the awards came alive within a larger ecosystem of dialogue and discovery. The 11th ICF also hosted the 15th RAHSTA Expo, Awards & Conference and the 2nd National Summit on CIRP in Infrastructure and Real Estate Business, bringing together policymakers, financiers, builders, and technology leaders. Discussions ranged from financing models for road projects to digital technologies, insolvency frameworks, and strategies for building a connected, future-ready India.

With over 100 exhibitors and 8,000 visitors, the festival provided a 360-degree view of India’s road construction sector with various segments of road construction thriving as the infrastructure agenda remains on track (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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