The research is focused on comprehending the utilization of a scorecard system within the Indian construction sector in order to establish a benchmarking structure for its comprehensive advancement. The methodology employed in this investigation includes analyzing the various aspects encompassed by scorecard systems. Contractor firms were assessed based on their performance across different dimensions of a scorecard. The capacities of these organizations were evaluated in comparison to the industry's evolving expectations. The mentioned approach uncovered important insights about the Indian construction industry, identifying key elements of a balanced scorecard and establishing various parameters for evaluating the industry. These findings served as the basis for a custom Scorecard tailored for the construction sector, with the aim of promoting comprehensive progress. The study, although based on a limited sample size, could benefit from additional surveys and field data collection. The research outcomes are expected to assist construction companies in assessing their global standing and facilitating inclusive growth in this rapidly evolving market. This study is an original contribution that focuses on benchmarking within the construction industry and serves as a valuable resource for companies in this sector.