Strong interest in upcoming bC India show

The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning
April 11, 2014 Read time: 2 mins
The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning to invest a total of US$1.3 billion in the modernisation and maintenance of India’s airports between 2013 and 2017. This includes building 100 additional airports into operation by 2020. Significant expansion is also planned for other forms of transport: The Institute of Metro and Rail Technology announced recently that in the next 15 years around $16 billion will be invested in the rail and Metro network. This includes laying some 7,500km of new track. The markets relevant to 1260 bC India are also experiencing buoyancy: a report by 2444 Off-Highway Research on the construction machinery market has identified positive trends. For 2013 the forecast was for 7% growth, but for 2014 that has been raised 9%. These figures are one of the reasons why Ramesh Palagiri, managing director & CEO of 2395 Wirtgen India, is predicting renewed growth potential in India for the time after the elections, "The new central government is expected to be functional by June 2014, and we expect the bottlenecks in the infrastructure sector to be addressed on priority. This would result in accelerated growth of the construction equipment industry."

The bC India, International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles, takes place at the India Expo Centre in Greater Noida/Delhi. The last event in February 2013 in Mumbai attracted a Total of 710 companies from 33 countries and more than 28,000 trade visitors. Following two successful events in Mumbai, bC India is moving to Delhi for its next show.

For more information on companies in this article

Related Content

  • Deadline soon for AfPA abstract submissions
    February 7, 2023
    The February 10 deadline is nearly here for abstract submissions for the 19th AfPA International Flexible Pavements Conference at the Brisbane Convention and Exhibition Centre in Australia.
    Read More
  • OECD countries invest average 1% GDP on road/rail infrastructure
    July 11, 2013
    OECD (Organisation for Economic Co-operation and Development) countries investment in road, rail and inland waterway infrastructure as a percentage of GDP averages around 1%, according to new research by the International Transport Forum (ITF). The figure is contained in the ITF at the OECD’s 2013 annual statistics update ‘Spending on Transport Infrastructure 1995-2011: Trends, Policies, Data’, which is accompanied by a related database, released today.
    Read More
  • European construction equipment sector is picking up says CECE
    January 6, 2017
    While the European construction equipment market is still some 40% below the record levels of 2007, there are definite signs of a recovery in the industry. This was revealed by Eric Lepine, president of CECE (the Committee for European Construction Equipment), who said that it is a mixed market environment. “There are still uncertainties in different regions of the world and particularly in Europe, but the good news is that figures are telling that Europe is picking up,” said Lepine.
    Read More
  • European construction equipment sector is picking up says CECE
    April 21, 2015
    While the European construction equipment market is still some 40% below the record levels of 2007, there are definite signs of a recovery in the industry. This was revealed by Eric Lepine, president of CECE (the Committee for European Construction Equipment), who said that it is a mixed market environment. “There are still uncertainties in different regions of the world and particularly in Europe, but the good news is that figures are telling that Europe is picking up,” said Lepine.
    Read More

Highlighted Content