India’s construction equipment market is estimated to be around $ 4 billion. The slowdown in 2008 had a deep impact on the momentum which has by now been absorbed and the Construction Equipment industry is looking forward to an upward graph here onward. Most international brands have set up base in India with many even setting up manufacturing facilities. With a $ 500 billion investment plan over five years, the sector is likely to witness tremendous impetus. The realty sector has also recovered from the stranglehold of finance and is showing positive trends. Union Minister of Road, Transport and Highways Shri Kamal Nath have accelerated investment into this sector with his target of 20 km roads per day. This vision and natural industry growth will lead to an infusion of $ 100 billion over next five years.

Clearly this sector will see a high powered momentum. Project management techniques and technology advancements have set the scene for introduction of advanced equipment with capacity of international standard loads. Indian market has also recently witnessed an online cum reserved auction in Hyderabad and more such auctions are likely to follow.

Indian equipment manufacturing companies too are introducing new equipment to fulfill a host of requirements. In line with the activity there is a huge gap and demand in user community to keep abreast with the trends. This is equally true for the component industry which is trying to keep pace as the industry’s OEM suppliers. Financial, Insurance and other services too have scaled up their commitment to this sector.

In order to discuss the challenges and opportunities in the sector, to showcase international practices, requirements of potential sectors and buyers and to bring the entire equipment community under one roof for an interactive thought provoking sessions, AM Events, division of ASAPP Media Information Group brings you  its first Equipment conference 1st Equipment India 2010. This conference will be a platform for the equipment manufacturing industry, component manufacturers, design & engineering institutes, researchers, academicians from India and around the world to address the needs of the Industry, users, service providers and decision makers to deliberate, discuss update, exchange knowledge and formulate business friendly policies for the benefit of the industry and the nation at large.