India is world’s top five equipment manufacturing destinations, says Singh
The Indian construction equipment is a sunrise sector contributing significantly towards critical time-bound infrastructure development across the country and tap 18% of the US$1.4 trillion worth of projects under the National Infrastructure Pipeline (NIP) which the Government is accelerating.
The stable growth in creating industrial and business infrastructure, especially roads, provides significant returns and contributes to economic growth, says the organizers of 6th edition of bauma CONEXPO India to be held between 31 Jan-3 Feb 2023 at India Expo Centre, Greater Noida.
The road sector is expected to get 18% investment out of the US$1.4 trillion NIP, they highlighted.
“The key focus of the upcoming edition of bauma CONEXPO INDIA is to improve mechanisation for nation-building by bringing together all the leading players in India’s infra development landscape,” says Bhupinder Singh, CEO, bauma CONEXPO INDIA.
“Apart from mechanisation, automation and smart technology also enable automated tasks by guiding machines. These technologies too will be displayed at the show,” he pointed out.
Singh elaborated, “India has emerged as one of the top five equipment manufacturing destinations in the world due to wide-scale collaborations between various industry stakeholders such as OEMs, component manufacturers, raw material distributors, infra and project builders, etc.
“bauma CONEXPO INDIA enables such high-value collaborations in order to promote and facilitate advanced road construction equipment technologies that can possibly improve and enhance the road infrastructure in India thereby strengthening connectivity and economic development.”
With regards to sustainability at project sites, the construction and infra-development industry is particularly enthusiastic about electric vehicles and machinery, both for emissions control and operational cost reduction through the substitution of fossil fuel dependence.
“Hence, one can see a comprehensive portfolio of electric solutions at the show, both at the exhibitor stalls and the demo areas,” he said.
The industry is expected to complete 200,000 km of the national highway network along with coastal areas, and 5,590 km of four and six-lane national highways by 2024-25.
The creation of these world-class roads and highways has several socio-economic benefits. From easy access to education and health, it will also majorly benefit the various businesses with regards to their easy access to ports or airports.
The development of roads and highways play a major role in the economic development of a nation.
The economic strength of a country can be perceived through its roads and highways.
India’s pace of economic growth will facilitate a surge in road construction activities in the country.
To develop the road infrastructure, the construction equipment industry provides project developers with various equipment and technologies to complete projects efficiently and on time.
Some of these equipment include motor graders, road rollers, asphalt mixing plant, forklift trucks, crawler excavators, cranes, wheel loaders, etc.
With the help of advanced construction technology and mechanisation, the country today is building nearly 40 km of road per day while the Government is trying to overcome the delays in projects, a major implementation challenge.
A high level of mechanisation is needed to efficiently complete the projects to tackle the delay issue. Therefore, greater mechanisation of construction machinery and heavy vehicles is critical for road development, said the organizers.
The event is expected to attract 50,000+ visitors and bring together 600+ technology suppliers from 23+ countries. The event will comprise 5,000+ pre-qualified buyer meetings, 20+ live demonstrations by OEMs and 20+ technical sessions. fiinews.com
