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Construction : Web Exclusive | November 2018 | Source : CW-India

Here are the latest trends and technologies in the Indian construction equipment industry

The construction equipment market is to grow at a CAGR of 6.8 per cent during FY2018-FY2024 in India, on account of the country’s expanding construction industry, according to the report – ‘India Construction Equipment Market by Segment, by product type, Competition Forecast & Opportunities, FY2012-FY2024’. Rapid urbanisation, increasing foreign investments and surging demand for customised equipment are few of the other major factors expected to boost demand for construction equipment in India in the coming years.

The second roadshow for bauma CONEXPO INDIA 2018 was held on November 16, 2018 at Intercontinental, Mumbai. bauma CONEXPO INDIA is the international trade fair for construction machinery, building material machines, mining machines and construction vehicles.

The key dignitaries at the roadshow included Gyan Madhani, Chairman, BAI Mumbai Centre and Tushar Alekar, Commercial Director, Messe München India.

bauma CONEXPO INDIA 2018 will discuss various challenges of the construction equipment industry and deliberate on the solutions and opportunities provided by the Indian market to the construction equipment industry. The trade fair will also discuss the latest technologies and the upcoming trends in the industry through panel discussions, informative sessions and seminars.

The trade fair will bring together around 700 Indian and global suppliers, manufacturers, importers, dealers, influencers, service providers, catering to various segments of the Construction Equipment industry and also provide a professional platform for networking, investment and exchange of ideas.

The fourth edition of the trade fair saw participation of 32,644 participants and 647 exhibitors from 30 countries which occupied a total of 150,000 square meters of space. bauma CONEXPO INDIA 2018 is expecting over 40,000 participants from 30 countries with exhibition space of 195,000 sq m.

The Buyer-Seller Programme will be debuting at bauma CONEXPO INDIA 2018. It will help with potential matchmaking of the exhibitors and the visitors.  The DEMO Area will provide a platform to demonstrate the performance of exhibitors’ machinery and equipment live at the show.

Bhupinder Singh, CEO, bC Expo India said, “The Indian construction equipment segment, due to investment in the infrastructure, construction and mining sector has become one of the fastest growing segments of the country. bauma CONEXPO INDIA has become the industry’s key meeting point in India in recent years. There is a positive trend in all sectors of the construction machinery industry in India for the years to come and we are expecting this good development on the Indian market being reflected at the trade fair.

He added, “The aim of our regional roadshows is to involve the industry and gain valuable insights from our key participants. We are also thankful to all participants who have taken out the time to join us for the roadshow.”

The expo is supported by Indian Construction Equipment Manufacturers Association (ICEMA) andBuilders Association of India (BAI).

bauma CONEXPO INDIA 2018, the International trade fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles will be held from December 11-14, 2018, at HUDA Grounds, Delhi.

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