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Construction : Components Accessories Spares Hardware | January 2016 | Source : Equipment India

Cash Sowcase at Excon

Excon 2015, in CASH domain, witnessed a plethora of equipment aggregates, sub- assemblies, components and IT solutions for OEMs in their equipment, as original suppliers and in the aftermarket space, descending on the scene of action. Product launches and technologies were showcased in a wide range of application areas like: engines, transmissions, gearboxes, geared drives, electro mechanical and hydraulics, valves and pumps, air compressors, crawler track parts, OTR tyres, electronics, telematics, filtration, oils and lubricants, fuel management, robust electronics, display screens, equipment tracking systems and a long list of other solutions.

Notably, many global and corporate group entities joined the usual array of medium and small scale entrepreneurs in showcasing their non equipment range of products. One saw internationals like Bonfiglioli, Mann & Hummel, Bucher Hydraulics, NLMK, Trimble, Trelleborg, ATG Tire, and others on one hand. While L&T Hydraulics, Avetek of CK Birla Group, Allison Transmission, Volvo Penta, Danfoss, ExxonMobil, Shell, Indian Oil Corporation, BKT and Indian subsidiaries of many global players represented the corporate brigade from India.

Country pavilions by foreign countries like China, Turkey, Germany, UK, Italy, South Korea, Finland and Sweden included many first time exhibitors, who had traditionally been visitors to during earlier Excon expos, were also visible in this section, Similar was the case with many Indian suppliers. As a result, all the four indoor halls were alive with a frenzy of business dealings, information gathering and related discussions. In line with Grand View Research predicting a global construction equipment market size of $208.36 billion by 2020, growing at a CAGR over 5 per cent year on year and the Asia Pacific construction equipment market accounting for over 50 per cent of the overall share in 2013 and expected to grow at a CAGR of 5.8 per cent from 2014 to 2020, the component industry in India is in a gung ho mood, a sentiment reflected generally during the exhibition.

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