Ahluwalia Contracts builds its way to the top with strong order book and rising profits

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This story belongs to the issue:
May 2025
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This story belongs to the Fortune India Magazine May 2025 issue.

A hefty order book and rising profitability have catapulted Ahluwalia Contracts among the top construction companies in the country.

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Ahluwalia Contracts builds its way to the top with strong order book and rising profits
The company’s order book has been swelling owing to the government thrust on capital expenditure; Ahluwalia Contracts; 100 Emerging Stars; Rank 1 Credits: Narendra Bisht

THE LEELA PALACE in Delhi, All India Institute of Medical Sciences’ campuses in West Bengal and Maharashtra, and the airport passenger terminal of Birsa Munda airport in Ranchi — construction company Ahluwalia Contracts India Ltd has built an enviable portfolio of projects over nearly five decades.

Headquartered in New Delhi, Ahluwalia Contracts is among the companies riding India’s public capital expenditure wave of the past four years. The civil contractor has a broad-based portfolio of residential housing projects, commercial projects, hotel projects, and educational institutions in its kitty.