Page 26 - April 2022

CURTAIN RAISER EXCON

material processing equipment -- grew 35%, 31% and 17%, confidence among industry players on the revival of economy
respectively. against the backdrop of robust policy measures and major thrust
The road construction activity remains the largest driver of on infrastructure development by the government of India.” With
construction equipment (CE) demand with execution reaching major announcements in the Union Budget this year including
record high levels of 13,327 km in FY2021, up 30% on a YoY basis, the construction of 25,000 km additional national highways,
despite challenges from the Covid-19 pandemic and associated EXCON will play an important role in the adoption of world class
lockdowns. technologies for speedy implementation of infrastructure projects
The timing of hosting the 11th edition of EXCON – Exhibition on in the country, he added.
Construction Equipment & Construction Technology, South Asia’s He further said that, with sustainability and environment being
largest construction equipment and construction technology trade the major concerns, the government and industry are together
fair, couldn’t have been perfect than this. With the aim to bring taking measures and innovative steps to ensure a sustainable and
together all the stakeholders under one roof, the Confederation eco-friendly development of the country’s infrastructure. EXCON
of Indian Industry (CII) will be hosting the event at the Bangalore sectoral sessions are planned around topics which cover these
International Exhibition Centre (BIEC), Bengaluru from May 17 – 21, aspects in detail. The construction equipment industry can use
2022. the existing challenges as opportunities and work around them
Under the theme ‘Building India for a New World – Competitiveness, to emerge stronger, he added.
Growth, Sustainability, Technology’, EXCON 2021 will have special Dimitrov Krishnan, Co-Chairman, EXCON 2021 & President,
emphasis on Atma Nirbhar Bharat initiative of the government. Indian Construction Equipment Manufacturer’s Association
Besides, there would also be spotlight on alternate fuels, women (ICEMA) said that the Indian CE industry, being the third largest
in infrastructure, AI pavilion, finance plaza besides sustainability, market in the world, currently holds a prominent position in the
MSMEs, digital transformation, among others as special pavilions. global CE landscape. India’s ambitious
Excon 2021 will be attracting over 1,250+ exhibitors including `111-lakh crore National Infrastructure
350 companies with country participation from China, Finland, Pipeline would augur well for the Indian
Germany, Italy, South Korea, Turkey, UK & USA. construction equipment industry to
become the second largest CE market in
‘Path of transition’ the world, with a size of $25 billion by 2030.
During the recently held press conference, JCB, Volvo, Caterpillar, BEML, Kobelco,
Deepak Shetty, Chairman, Excon 2021 & Puzzolana, Tata Hitachi, L&T, Schwing Stetter, Sany India, Ammann
CEO & Managing Director, JCB India Ltd., India, Case New Holland, Doosan, Mahindra, Terex, Wipro,
stated, “EXCON is happening at a time when Hyundai, Hailstone, Propel Industries, Manitowoc Cranes, KYB
our economy is on the path of transition Conmat, Ajax Engineering, Everest Engineering, ICICI Bank, HDFC
towards a ‘New India’ and there is renewed Bank, Tata Capital, BKT, ARX Mining, MRF, Escorts, Yuken India

26 CONSTRUCTION OPPORTUNITIES|APRIL 2022