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EquipmEnt SphErE-prE bc india bC INDIA 2014 Revival platform CONSTRUCTION OPPORTUNITIES presents the industry mood in the run up to the third edition of the international construction and earthmoving equipment fair bC India at Noida. The infrastructure focused approach of and medium sized companies period when market sentiments were pretty the Modi-led NDA government has opened • Major infrastructure projects being dismal in view of the political climate new hopes of growth opportunities for planned (e.g. Faridabad, Haryana, and the consequent lack of activity. the players involved in the construction Greater Noida) The situation at the ground level barely equipment sector thus far facing • Interest for visiting the exhibition showed any improvement though there debilitated business owing to delays in expected to be generated from were some public pronouncements from project execution. government buyers owing to its the authorities on initiatives to revive the Manufacturers are now optimistic of the proximity to Delhi economy and industry. scenario soon brightening up. The bC • Ambitious projects being realised in It is easy to see now that with the new India 2014 international trade fair for the the vicinity such as the Delhi-Mumbai government’s avowed emphasis on fast construction and earthmoving equipment Industrial corridor, a state-sponsored tracking projects ECE manufacturers industry to be held in Noida in December industrial development project of and dealers are optimistic of business has introduced an element of optimism. the Government of India aimed opportunities opening up through the There is an air of expectation as the at developing an industrial zone bC India platform at the new venue. The equipment industry eagerly awaits the spanning across six states in India ambitious agenda of building 100 Smart third edition of the international event’s Cities and the recently launched Clean India edition which will be held at a new Growth prospects India Campaign which involved cleaning location – Noida, outside New Delhi, The increasing focus towards fast- up rivers will open up more scope for the which will be a one-stop platform for the tracking the pace of infrastructure sector CE sector. The construction of national various players to showcase brand new is expected to accelerate the growth highways and creation new transport innovations in terms of products and pace of domestic construction equipment infrastructure will further improve technologies under one roof. industry by 12 per cent. The opening up business prospects for the equipment According to Messe München International, of Indian construction and infrastructure manufacturers. The overwhelming verdict the hosts of bC India, relocating the expo on global levels has made these sectors is that the construction equipment (CE) near the national capital, close to the extremely competitive, involving players market will pick up over the next 12 decision-making centre of the Indian operating under distinct expertise. This months thanks to the removal of project economy will be of strategic importance. increasing competitiveness demands bottlenecks. The choice of the new fair ground, in the to design and build equipments as per Kobelco Construction Equipments is now Delhi region, was dictated to aspects Indian requirements and has distinctive firming up their plans to utilise bC India like: export business approach. to display their strengths. The equipment • Location of the branches of most large The last financial was a really challenging major is looking to showcase its mining 58 construction opportunities|NOVEMBER 2014
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