A booster for infrastructure development

A booster for infrastructure development

NitinGadkari, Minister of Road Transport, Highways and Shipping inaugurates the 8th edition of the International Construction Equipment and Construction Technology Trade Fair - Excon 2015organised by the Confederation of Indian Industry (CII) at the Bangalore International Exhibition Center (BIEC) in Bangalore

While addressing the inauguration of Excon 2015,Minister of Road Transport, Highways and Shipping NitinGadkari, said,“Infrastructure development is highly essential for the progress of the country and the need of the hour was quality construction, good equipment and a good approach.”

“ I urge the industry to explore the possibility of using bio-diesel or ethanol in construction machinery as it would aid in reducing pollution and also be in sync with my Government’s vision of a clean India that is free from pollution,” he further added. He also urged the industry to look at the manufacturing good machinery for tree transplantation to assist the green roads policy of his Ministry.

Gadkari emphasized on the generation of skilled manpower, as this was one of the shortcomings of the industry. He stated, “The country was facing a 22 per cent shortage of drivers. Skill and scale are both important.”

Referring to planned projects in the Road Ministry, Gadkarisaid,“There is a good atmosphere for road development in the country today. We are planning to increase the national highway road length from the current 96,000 kilometers to 1,50,000 kilometers.”

“The government is also planning an express highway between Delhi and Srinagar, which will reduce travel time to just 6 hours. We are also planning an express highway between Mumbai and Nagpur. Going forward my Ministry is exploring the usage of waste material such as oil sludge in the construction of roads, making it more environment-friendly.” He mentioned,“The government has planned 1,200 centres for roadside amenities such as restaurants, rest houses etc. and 200 truck driver clubs.”

While talking about shipping industry, Gadkari said, “India has 12 major ports and three major corporations including Shipping Corporation of India, Cochin Port and Dredging Corporation”.

He announced that the government was planning new ports including Kolachel in Tamil Nadu, Kandla in Gujarat and Sagar in West Bengal. These ports would aid in movement of goods and services at a cheaper option than the highways. He also mentioned that there was a plan to convert 111 rivers into inland waterways.  He said that his ministry’s target was to add 2 per cent to the country’s GDP in two years and to add 50 lakh jobs over the next five years.

Addressing the delegates, SumitMazumder, President, Confederation of Indian Industry (CII) said,“India has achieved a 7.4 per cent growth over the last decade and the IMF projects growth at 7.3 per cent in 2015 and 7.5 per cent in 2016. CII is optimistic about maintaining this pace of growth over the medium term with further acceleration in later years. The industrial growth is on steady upward trajectory led by higher growth in the manufacturing sector.”

“The country would continue to offer huge markets due to its infrastructure and real estate sectors. Railways, road and highways, power, ports, and airports offer big investment potential,” he further added.

He stated, “Within the current ecosystem, CII is taking up the promotion of capital goods industries and believes that with a strong and coordinated approach of Government and the private sector, India can build an advanced and robust base of capital goods.”

VipinSondhi, Chairman, Excon 2015 while delivering the theme address said,“The industry witnessed a difficult 36 months but there has been some stability right now. Excon remains the pre-eminent construction equipment exhibition grown into South Asia’s largest platform for propelling sustainable infrastructure growth not only in India but increasingly with an international flavor.  Infrastructure growth is an absolutely critical enabler and probably the biggest multiplier for sustained economic growth and very importantly job creation as well.”  The 8th edition of Excon 2015 witnessed the participation of 810 exhibitors from 22 countries with country pavilions from China, Finland, Germany, Italy, South Korea, Spain, Turkey & UK.

Delivering the welcome address,  Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII) said,“Excon is the largest such event in South Asia that has increased ten-fold in the last 15 years and is CII’s largest event in this sphere.” He said,“the presence of Gadkari was a great encouragement for the industry as he was someone who showed formidable acumen in fast tracking and cutting bureaucratic delays.”

He further added, “EXCON was an excellent blend of a showcase of ‘Make in India’ as well as of overseas industries that the event has attracted.

In his address, AnandSundaresan, President, ICEMA complemented the Government of India on the significant growth witnessed in the road sector. Industry production was higher than expected. However, the construction industry went through a decline. Excon has contributed to the adoption of latest machinery and technology in the construction industry in India. ICEMA will continue to work closely with ministry of road transport and highways and extend its full support to ensure world class technology and equipment for building world class national highways.

Global players optimistic of India’s CE industry

Use the platform to exchange information and ideas with regard to technology and expansion of their business

Living up to its reputation of being the largest exhibition of its kind in South Asia, Excon 2015, international construction equipment and construction technology exhibition attracted participation from 22 countries. Large number of exhibitors from Germany, China, Italy, Turkey, South Korea, United Kingdom and other countries used the platform not only to exhibit their state-of-the art construction equipment but also to exchange information and ideas with regard to technology and expansion of their businesses. Exhibitors were exuberant that, as always Excon 2015 has attracted a large number of high quality visitors, most of whom were either decision makers or genuine buyers.

Sang-DokYim, Marketing Support, Department or Strategy Division of Korea Construction Equipment Manufacturers Association (KOCEMA) was of the opinion that it was the opportune time for companies to invest in India as it was an emerging market.  Establishing his confidence in EXCON 2015, Yim said, “You can expect more Korean companies to invest in India in the coming years.” This confidence was echoed by SPECO, a South Korean company dealing in asphalt mixing plant, batch master etc, which has been participating in Excon since its first edition in 2000.

The ‘Make in India’ initiative too received a lot of appreciation from international participants with Chinese company Luoyang Longda Bearing Co, contemplating opening up an office in Kolkata by next year. Zhou Weidong, Vice President and Senior Engineer, China Council for the Promotion of International Trade (CCPIT) representing China Chamber of International Commerce (CCOIC) and Machinery Chamber of Commerce said that Chinese companies were seriously looking at collaborating with Indian companies in the construction equipment industry. They also expressed interest in maintenance of roads. Li Yunsheng, Senior Engineer of China Construction Machinery Association (CCMA) and Du Song, of CCPIT said that with its fast growing economy and a promising construction equipment industry, India shows that it is a very important market for countries like China and offers several opportunities especially in the infrastructure and construction equipment industries. China is the biggest foreign exhibitor with participation of 172 Chinese companies.

Germany too sees huge prospects in participating in India’s exciting infrastructure growth story.  Sebastian Popp, Deputy Managing Director, Construction Equipment and Building Material Machinery (VDMA) said, “Visibility of India and the Indian economy has increased phenomenally over the past few years and the country’s future potential is being played out to prospective investors with aplomb. The investment climate in the country is continuously improving and in the construction equipment space alone companies are already active in India. He said that the potential for more German companies to come into India was high.  A total of 31 companies from Germany have participated in Excon 2015.”

With the construction equipment industry picking up growth momentum, Excon 2015, which is generating positive energy and enthusiasm from global and Indian players alike, will act as a catalyst to further boost growth.

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