Confederation of Indian Industry (CII) organised a road show to spread awareness for CII EXCON 2019 —South Asia’s largest construction equipment trade fair scheduled in December.
At the plenary session on ‘Nextgen Infrastructure’ held in the city, senior officials from the Government, industry leaders and stakeholders from the infrastructure and construction equipment sectors took part.
EXCON 2019, scheduled to be held at the Bangalore International Exhibition Centre, Bengaluru from December 10-14, 2019 is spread over 3,00,000 square metres and will have the participation of over 1250 exhibitors including 350+ overseas companies from 25 countries including China, Germany, Italy, South Korea, Turkey, UK & USA among others.
The five-day exhibition would attract over 70,000 business visitors from India and abroad. Sandeep Ghosh, head - corporate strategy & planning, SREI Equipment Finance Limited said, “This is the tenth edition of the EXCON and our theme this year is on “Smart i-tech- Next Gen India@75”.
Excon 2019 will demonstrate the role of smart technologies and innovation in design in the manufacture of nextgen construction equipment and machinery to support the rapid pace of infrastructure development in the country.
India is expected to become the third largest construction market globally by 2022 and there has been rapid investments in infrastructure by the Government which is driving growth opportunities”.
Speaking on the occasion, Neeraj Kant, chairman, CII Jharkhand State Council & Managing Director, The Indian Steel & Wire Products Ltd said, “Every sector requires a technological advancement and in India, there exists a huge demand for houses, thanks to country’s fast urbanisation.
Using advanced technology in the construction sector, we believe this demand could be met along with the other government initiatives for both home buyers and well as developers”.
Excon 2019 endeavors to build India’s infrastructure in an ecologically sustainable manner, enabling projects on Smart Cities, supporting Swachh Bharat programs, promoting Skill Development and position “Make In India” – as the National Agenda for achieving holistic growth in the infrastructure and related sectors. In order to give a boost to the infrastructure sector the Government of India had announced its intention to invest Rs.100 lakh crore in infrastructure over the next 5 years. The Government of India has also proposed for expanding 1,25,000 KM of rural roads under the Pradhan Mantri Gram Sadak Yojana and creating a national highway grid.
Through the PMGSY programme, the Government has planned to bring in connectivity between all villages through road network by 2019 and 2,000 kms of coastal connectivity roads have been recognized for construction and development. All these initiatives of the Government would further provide impetus to the growth of infrastructure and related sectors.