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

  • CEA: UK equipment manufacturing output remains high
    March 20, 2017
    UK output from companies involved in manufacturing equipment and parts continued on an encouraging upward trend in January, according to Office for National Statistics (ONS) data. Output in January was 2.3% higher than in December, and 9.5% up on January 2016. In fact, output in January was the highest monthly output since the first quarter of 2015 and the six-month moving average has returned to mid-2015 levels. On a quarterly basis, output ended 2016 on an improving trend, with October/December 1.1%
    Read More
  • CEA: UK equipment manufacturing output remains high
    March 20, 2017
    UK output from companies involved in manufacturing equipment and parts continued on an encouraging upward trend in January, according to Office for National Statistics (ONS) data. Output in January was 2.3% higher than in December, and 9.5% up on January 2016. In fact, output in January was the highest monthly output since the first quarter of 2015 and the six-month moving average has returned to mid-2015 levels. On a quarterly basis, output ended 2016 on an improving trend, with October/December 1.1%
    Read More
  • ARTBA predicts growth in transport construction
    December 2, 2016
    Modest growth in transport construction is predicted in the US in 2017 by the American Road & Transportation Builders Association (ARTBA). According to a report by ARTBA chief economist, Dr Alison Premo Black, total transportation construction and related market activity is expected to grow 1.3% in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments. In 2017, the market is expected to reach US$247.8 billion, up from $244
    Read More
  • New show for South Africa
    April 24, 2012
    A new construction and mining equipment exhibition is being planned for South Africa, which will be held in September 2013. The event is being set up by Messe München and will be called bauma Africa and is said to attracting interest in the sector. The South African Construction and Mining Equipment Suppliers' Association (CONMESA) has said that it welcomes the first bauma Africa, the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles.
    Read More

Highlighted Content