Page 57 - November Full Issue Digital

EquipmEnt SphErE-prE bc india machine capabilities and customer He however feels optimistic of things support activities. improving with bc India 2014. “The new “Bauma offers an excellent platform for location at Noida is much better since most show-casing the best and the latest in the big ticket project contracts are coming up market. bC India has provided us with mostly in the northeusinern region. He feels a good opportunity to reach out to the with new market opportunities curiosity market in India. Based on our experience towards products with cost effective in the past, we can consider having bC technologies and increased productivity India as a regular event in our marketing will only increase further. Bauma offers an excellent calendar,” avers Vikram Sharma, However, despite all prevalent market platform for show-casing the Managing Director, Kobelco. glitches equipment manufacturers maintain best and the latest in the market Companies like Wirtgen India plan to an optimistic approach “Ascending utilise the expo to showcase their new growth in the realty sector, increasing — Vikram Sharma, range of innovative cold milling and coal production and mechanisation of Managing Director, Kobelco recycling technologies. “New Delhi is a mining operations will boost growth in favourable location as maximum number the country’s equipment industry,” says of infrastructure projects are emerging Wilfried Aulbur, Managing Partner, from this part of the country. Moreover, our Roland Berger Strategy Consultants. customers often visit New Delhi for client He further adds, that the residential meetings and this opportunity enables construction industry is expected to grow them to visit the exhibition as well,” says from a CAGR of 15.3 per cent by 2017; and Wirtgen India Ramesh Palagiri, Managing India successfully contributes 10 per cent Director, Wirtgen. of the global CE market. The pace of growth in the equipment Expressing similar views on growth revival, industry is still struggling to regain its the industry body Indian Construction & lost glory. The excavators business has Equipment Manufacturers Association gone down by about 15 per cent and road (ICEMA) also outlines the prospects of New Delhi is a favourable machineries is almost flat as against Indian ECE market to grow at 20 – 25 per location as maximum number figures marked in the same corresponding cent to reach 3,30,000 – 4,50,000 unit sales of infrastructure projects are period a year ago. “As against 2013, the by 2020. emerging from this part of the year 2014 has not been yet favorable and The bC India show in Noida, coming as it country has been posing flat results. In fact the does at a time when Indian infrastructure growth pace of few type of equipment is set for revival, can only inject much — Ramesh Palagiri, has been descending” opines AM needed optimism. u Managing Director, Wirtgen India Muralidharan, President, Volvo CE. With new market opportunities curiosity towards products with cost effective technologies and increased productivity will only increase further — AM Muralidharan, President, Volvo CE NOVEMBER 2014|construction opportunities 59