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

  • Samoter reports strong mini excavator market for Italy
    November 18, 2016
    Strong demand for compact machines is being seen. Data from Veronafiere’s SaMoTer Outlook in collaboration with Prometeia and with the information input of equipment manufacturing association Unacea has shown the growth in the market for small machines. Mini excavators and small wheeled loaders weighing up to 6tonnes have seen a particular growth in sales. These two types of machines accounted for 15% of global sales for Italian manufacturers in 2010, but accounted for 24% in 2015. Sales of mini excavato
    Read More
  • VDMA reports 3% rise for German construction equipment makers
    March 16, 2017
    German manufacturers of construction equipment achieved a turnover of €9.3 billion in 2016, a 3% rise compared to 2015. The increase was despite a global sales dip of 1% and in 2017, German manufacturers again expect another 3% increase in sales. The German market was a big driver for sales, posting a 20% increase on 2015 to reach around €3 billion, according to the VDMA, the German Engineering Federation. “In view of this high level, a further growth seems hardly possible, even if our customers co
    Read More
  • Case demonstrates machines in Tunisia
    February 13, 2017
    CASE Construction Equipment recently carried out a major demonstration event for its construction machines in Tunisia. The event focused on the firm’s road building equipment, highlighting how the units perform, even in extreme conditions The planned large-scale projects for the development of Tunisia’s road infrastructure will require highly productive and reliable equipment to meet the country’s objectives. CASE is keen to develop a share of this market, running the event in a bid to grow its marke
    Read More
  • VDMA: “No reason for any worries” in construction equipment market
    July 16, 2013
    There is “no reason for any worries” in the global construction equipment and building material manufacturing industry despite a lack of growth in 2013, according to the German-based VDMA association. In a release issued after the association’s summer board meeting in Hameln, northern Germany, a VDMA spokesperson said, “Bauma, the industry’s leading international fair held in April, in particular helped to change the industry’s mood significantly. Directly or indirectly it led to a great number of new order
    Read More

Highlighted Content