Food, Clothing & Shelter are the important components and basic needs of Life. Without sustenance and a place to sleep and protect oneself from the environmental conditions, it is almost impossible to live and interestingly all the 3 components contribute to the growth of the  Economy.  As the  Indian Economy is rising and reaching commanding heights the construction industry is also rising, paving the way for increase in construction activities. In this context Construction Waste Management (CWM) plays a pivotal role in designing the strategies to mitigate the cost & construction waste. According to IBEF (India Brand Equity Foundation, Ministry of Commerce and Industry, Government of India), The size of Indian Real Estate market is expected to reach US $ 1 trillion  by 2030, there are estimations that it will contribute nearly 13% to the country’s GDP BY 2025. As the economy is emerging, Housing industry in India is doing well and the purchasing power of the individuals is also improving and driving a residential housing boom in India. The present paper is a theoretical and general study, an attempt is made to examine the “CWM in India” to know as how it is emerging and shaping up the construction & infra industry and at the same time to find out its role in minimizing the cost factor as well. Thus, reducing construction waste and implementing ideas will pave the way for affordable housing which is good for developers and the customers too.

KEYWORDS: CWM, GDP, IBEF, Indian Economy, Purchasing Power.