The report said that UP and Bihar have seen a rapid increase in construction after the pandemic due to government support for infrastructure development.
“The revival in the construction sector has driven recent growth in Uttar Pradesh and Bihar, accounting for 13.4 per cent and 11.2 per cent of the state’s GVA, respectively, higher than the all-India average of 8.9 per cent,” it said.
The report also said that both the states are among the top 3 beneficiaries of the central government’s interest-free loans for capital investment projects.
The report also shared that Uttar Pradesh has emerged as the leading contributor to India’s manufacturing GVA, achieving 12.5 per cent share in FY24, followed by Tamil Nadu (11.8 per cent) and Maharashtra (10 per cent).
Other major contributors include Gujarat (6.9 percent), Karnataka (5.7 percent), Kerala (5.6 percent), and West Bengal (5.4 percent). The boom in Uttar Pradesh’s construction sector marks a strong turnaround from previous years. The state’s manufacturing share in total GVA increased from about 12 per cent in FY2012 to 13.4 per cent in FY2014, indicating expansion. Infrastructure expenditure and housing development.
After years of slow growth, Bihar’s manufacturing share rose to 11.2 percent in FY2024, marking a steady improvement.
Revival of increased public investment in infrastructure, particularly under government-led programs focused on housing, roads and urban development.
The data highlights how construction activity has become a key growth driver for regional economies, especially in northern India, helping to offset weaknesses in the agriculture and manufacturing sectors.
Overall, the performance of the construction sector in Uttar Pradesh and Bihar indicates a broader economic recovery trend, reflecting both an improvement in public capital expenditure and stronger private participation in infrastructure projects.
As a credible and reliable news source