EXCON 2017 to position India as Global Hub for Construction Equipment Manufacturing

    EXCON 2017 to position India as Global Hub for Construction Equipment Manufacturing

    Anand Sundaresan, Member, EXCON 2017 Steering Committee and Vice Chairman & Managing Director, Schwing Stetter India Pvt Ltd.

    EXCON is South Asia’s largest construction equipment and construction technology exhibition. This year marks its 9th edition and is taking place in Bengaluru from 12-16 December 2017.

     Organized by the Confederation of Indian Industry (CII), the event will witness over 1000 exhibitors, a third of which will be from abroad, in a display area of 26,00,000 sq.m.

    This 5-day exposition will  host over 300 product launches, key industry conferences and  over 40,000 business visitors from all over the world.

    There will be country pavilions for China, Germany, Italy, South Korea and the UK. The Indian Construction Equipment Manufacturers Association (ICEMA) is the sector partner and is supported by the Builders Association of India (BAI).

    Infrastructure investments are crucial to a country’s progress and to the development of its construction equipment industry. Building ecologically sustainable infrastructure and smart technologies to fast-track this development has become the need of the hour. The main objective behind CII’s initiative is to showcase India’s potential as a preferred outsourcing destination for construction equipment, aggregate and component manufacturing and to attract foreign investment.

    CII has been working in line with the government’s Make in India initiative and has provided the impetus to the Planning Commission’s aim to generate $ US 1 Trillion  infrastructure spending in India’s 12thPlan (2012-2017).

    In October 2017, CII organised EXCON Road Shows, covering 22 cities across the country. In every city, the road show was attended and presented by renowned senior administrators from the government, industry leaders and stakeholders from the infrastructure and construction equipment sectors.

     For CII, the upcoming EXCON will be the largest event in several aspects, most significantly being the participation of 300 foreign players, leaders in the global construction and construction equipment industry.  Through EXCON 2017, Indian construction and construction equipment companies can get a huge exposure to the latest technologies in equipment, components and spare parts and evaluate their own cost competitiveness. Through strategic ties and partnerships at the event, the industry can look forward to handling projects without or with minimal imports.

    The exhibition aims to provide a thrust to sustainable development of infrastructure and the sectors peripheral to it. The new technology and innovations reflected in the equipment/products displayed at the exhibition would aid in the robust growth of the country’s infrastructure. The focus will be on cost, quality, global standards and timely execution of projects. With a strong global footprint and the expanding exposure, EXCON 2017 envisions the growth of India’s construction equipment industry from $ US 4 billion to $ US 7 billion by 2020.