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

  • Philippines construction market bullish
    September 3, 2013
    Research from business intelligence specialist Timetric suggests that the market for infrastructure construction is growing fast in the Philippine. Timetric’s data shows that infrastructure accounted for 37.3% of the country’s construction sector and was worth US$9.6 billion in 2012. The market grew at a Compound Annual Growth Rate (CAGR) of 12.12% and is expected to reach a CAGR of 8.19% by 2017, having been boosted by the need to repair flood damage that occurred in 2012. The country’s construction ind
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More
  • Bauma plans in hand
    February 7, 2012
    With the construction equipment industry gearing up for the bauma 2010 exhibition, the organisers are also revealing further details of specific events at the show.
    Read More

Highlighted Content