Page 14 - Construction_Opportunities_December_2025
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COVER STORY



































                                                           This  momentum  is  accelerating  the  localization  of  critical
                      “India’s CEV sector today is not just   electronics: smart displays, sensors, battery systems, ECUs, and
                      expanding in scale, but also transforming   telematics hardware.
                      in character—embracing technology,   India is no longer following the global modernization curve—it
                      sustainability, and innovation at its core.   is setting a new one. In 2025, the country moves decisively
                      Efficiency, digital integration, safety, and
                      environmental stewardship are now key   from being a consumer of global technology to a creator of
                      imperatives shaping product design,   intelligence-led construction equipment, and EXCON will amplify
                      manufacturing, and operations. The   this shift.
                      industry’s role has evolved from being
                      a supplier of machines to becoming an   Why 2025 Represents a True Inflection Point
                      enabler of sustainable infrastructure and
                      a partner in India’s broader economic   2025 is not another year in the CE industry’s growth cycle; it marks a
         progress. The EXCON 2025 theme mirrors the direction in which   structural inflection shaped by policy alignment, export ambition,
         the entire ecosystem is moving—towards greater productivity,   rising digital adoption, and technology readiness.
         equitable growth, and deeper stakeholder collaboration   The transition to CEV-V emission norms is triggering innovation
         ensuring the sector remains competitive in the evolving global   that extends well beyond cleaner engines. As OEMs upgrade
         landscape. As we gear up for Viksit Bharat, events like this
         reaffirm that our industry’s future is not just about building   powertrains, they are simultaneously integrating sophisticated
         structures, but building a stronger, more connected India.”  control systems, advanced fuel-management algorithms, and
             DEEPAK SHETTY, PRESIDENT-ICEMA, CO-CHAIRMAN - EXCON   modern digital interfaces. While compliance increases costs, it
            2025, CEO & MANAGING DIRECTOR, JCB INDIA, SOUTH ASIA,   pushes India into a higher league of manufacturing capability.
                      AFRICA (EAST) MEMBER, JCB GROUP EXECUTIVE  At the same time, exporters—posting strong double-digit growth
                                                           entering FY25—are designing machines for global markets
                                                           where connected systems, automation-ready platforms, and
       evolving. Contractors, faced with tighter timelines, rising fuel costs,   advanced diagnostics are standard. This external demand is
       stricter emission norms, and digital compliance requirements, are   reinforcing domestic transformation. For the first time, the industry
       now prioritizing machines that deliver productivity intelligence   is experiencing technology pull, not push, as project owners adopt
       rather than just mechanical power.                  telematics, automation, operator-assist features, and electric
       For the first time, Indian fleet owners are directly linking digital   or hybrid platforms for their direct impact on cost, uptime, and
       capability with cost efficiency and project velocity. What began as   lifecycle performance.
       basic telematics adoption has matured into deep engagement   Government signaling is also sharper. Ministries and regulators are
       with fuel-mapping, operator behavior analytics, predictive   encouraging electric, hybrid, and alternate-fuel CE platforms to
       maintenance, and idle-time optimization. Simultaneously, India’s   support a cleaner, more efficient infrastructure ecosystem.
       exports have surged, proving that domestic machines—once   The convergence of policy direction, commercial pressure, and
       positioned as value alternatives—can now compete globally on   global competitiveness is what makes 2025 an irreversible turning
       reliability, emissions compliance, and digital maturity.   point.


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