Confederation of Indian Industry (CII), India's Apex Industry Assocation is organising Excon 2013 - the 7th edition of South Asia's Largest Event for Construction Equipment sector between 20th - 24th November 2013 at Bengaluru. Indian Construction Equipment Manufacturers' Association (ICEMA) is the sector partner for the event and is supported by Builders Association of India (BAI). The Government of Karnataka is participating as Partner State at the event
Excon 2013 is a focused unparalleled platform for the Construction Equipment Industry in South Asia. Enclosed is the event brochure with comprehensive information for your reference and would be happy to have your confirmation to join us at Excon 2013.
The Indian economy is getting bigger and better. Going with the estimates that Asia's third largest economy will become the world's third largest by 2050; a need for more robust and vast infrastructure is inevitable. Spanning from roadways to airways, ports to airports and power production facilities, Indian infrastructure segment is the thrust for the development of the nation and hence enjoys intense attention from top-grade policy makers of the country.
Infrastructure investments are among the main growth drivers of the construction equipment industry. The Planning Commission of India estimates total infrastructure spending of about US$ 428 billion during the 11thFive Year Plan (2007-12) and foresee to double India's infrastructure investments to about US$ 1 trillion for the 12th Plan (2012-17). The Government of India has granted sops, including a large number of special economic zones (SEZs), to the capital goods industry of which construction equipment is a part; especially with an impetus to increase exports.
Almost all global technology leaders in the construction equipment sector have a presence in India - either as joint ventures or with their own manufacturing or marketing companies. Cumulative foreign direct investment (FDI) inflows (since April 2000) into earth moving equipment reached USD170.3 million as of 2012.
The demand for construction equipment in India is expected to grow to US$ 6.3 billion by 2014, a compound annual growth rate (CAGR) of 19.3 per cent (from 2010). India is expected to be firmly established as the third largest market in the world for construction equipment as number of machines will grow to 114,165 in 2016.
Against this background, Confederation of India Industry (CII) presents Excon 2013 - the 7th edition of Excon is scheduled to be held from 20th - 24th November 2013 at the Bangalore International Exhibition Centre, Bengaluru, Karnataka, India, with the theme on "Propelling Sustainable Infrastructure Growth"