Excon 2013, the seventh edition of South Asia’s largest event for the construction equipment sector, is scheduled to be held in Bengaluru from November 20-24, 2013. Asia’s third largest construction equipment trade fair will showcase a wide variety of equipment, technology and products with emphasis on efficiency, productivity, environment and safety.
The Confederation of Indian Industry, the apex industry association, is organising Excon 2013 in partnership with its affiliate, Indian Construction Equipment Manufacturers’ Association, and Builders Association of India. Host state Karnataka is participating as Partner State in the event.
Coinciding with Excon 2013, a two-day conference on ‘Propelling Sustainable Infrastructure Development – India on the Move’ will be held on November 21-22. This conference is being organised by ICEMA. AT Kearney, the global management consulting firm, will be the Knowledge Partner for the conference.
One of the main avenues available to the government to put India back on a growth trajectory after a period of declining GDP growth rate, in the recent past, is to close the massive infrastructure deficit, by boosting infrastructure investment. The government has underlined its intention to accelerate infrastructure development to meet its economic growth targets, by doubling its infrastructure spending to around 10 per cent of GDP (around Rs.51 lakh crore) in the 12th Plan compared to the prior plan period.
The government has introduced measures to catalyse growth and overcome the infrastructure bottlenecks. Setting up of the Cabinet Committee on Investment is an important step in this direction. CCI is believed to have cleared pending projects worth Rs.74,000 crore by March 2013. It has also streamlined the process of granting clearances.
However, India still has a long way to go compared to China, which has now overtaken USA and the EU to become the world’s largest investor in infrastructure. India has vast opportunities to improve its railways, ports, highways, airports and other infrastructure sectors to boost its economic development.
The two-day conference will focus on the following topics:
* Overview of construction equipment industry: current scenario and future trends
* Market opportunities and gaps in key end-use sectors of earthmoving and construction equipment
* Bottlenecks in terms of successful project execution and regulatory policies
* ECE financing: Global best practices and scope in India
* Skilled manpower and safety: Global perspective and roadmap for India
* Component industry: opportunities and challenges
The conference will prove insightful for individuals and institutions that are a part of the Indian construction equipment sector including equipment manufacturers, suppliers, dealers and distributors, industry end-users, and service providers and financiers, to name a few.