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Monday, September 21st, 2020

Rapid reforms & start of ‘Roads & Highways’ projects key to revive construction sector : CII

Session in progressINVC,
Chandigarh,
“It is highly imperative that government starts around 1500 stalled ‘Road & highways’ Projects, speed up reforms, systems, fast track clearances and awarding of projects under PPP mode in order to revive and revolutionise the ailing construction sector”, said Mr Jasmeet Singh, Head - Customer Experience Programs & Defence Sales, JCB India Ltd while addressing a Roadshow on Excon 2013, Asia's third largest trade fair for Construction & Equipment Industry, organised by Confederation of Indian Industry (CII), at its Headquarters, here in Sector 31 A, here today.
“Out of these stalled projects, approx. 350-400 are in the Northern Region and if these projects are commenced, the region’s economy will get immense fillip as also the construction sector which has been witnessing a negative growth for the last 6 months. We all are hoping for EXCON 2013 (scheduled for November 20-24 at Bangalore) to revitalize the construction industry as it is expected that 100 + new products and Equipments would be launched there in addition to a lot of attractive offers, JVs, partnerships and schemes”. EXCON is the only forum where all the stakeholders relating to construction sector from India and abroad are set to participate opening lot of opportunities for JVs etc”, he added.
“From Chandigarh region, a huge number of dealers, contractors, project developers, banking & finance companies, machinery & equipment dealers, construction companies, buyers, suppliers and investors in construction equipment and technologies, equipment rental companies are expected to participate and explore options for Joint Ventures (JVs), partnerships and deals with international clients and enhance their exports and can help strengthen rupee”, he further informed.
“The Indian ECE (Earth-moving & Construction Equipment Market) industry wants the government to clear important national infrastructure projects without delay by addressing issues of land acquisition, dispute resolution and awarding contracts under clear PPP framework,” “Infrastructure investments are the power engines of the construction equipment industry, so government should lay more emphasis on Incentive based contracts and also ensure that liquidity is available. At the same time, there is a dire need of simplification and uniformity of taxes across states,” emphasized Mr Narendera Arora, Vice President, GBP Group.
“Excon 2013 is scheduled to be held at the Bangalore International Exhibition Centre (BIEC), from November 20-24, 2013. Spread over 2, 20,000 square metres of display area and with a participation of 800 exhibitors, Excon would witness over 100+ new product launches by participating companies. There will be country pavilions, including leading economies like China, Sweden, Germany, Italy, Japan, South Korea, and Turkey. The event would also have a large presence of SMEs in the component and aggregate manufacturing, showcasing India's potential as a preferred outsourcing destination for construction equipment manufacturing”, he further informed.
“For a country focused on development, it is imperative to mechanize its infrastructure creation. Besides this, collaboration with suppliers, easy land acquisition, availability of testing centres, competitive enhancement and skilled manpower are also crucial to boost the Indian Construction equipment sector. We need extensive utilization of software technology to upscale the sector and Excon is one stop centre that provides assistance in all these areas,” said Mr Sanjiv Narang, Executive Director, J V Infra
“By 2020, the construction equipment industry will need an estimated one lakh trained operators and three lakh trained mechanics especially in areas of operations and maintenance. Skilled manpower remains a key challenge in this segment which calls for a skill development council at national level. Further, it is absolutely essential for the construction equipment industry to work closely with all stakeholders including government agencies, and events like Excon can go a long way in facilitating that”, shared Mr Vinayak Sanger, Zonal Head, Schwing Stetter.
“The construction industry is a major contributor to the country's GDP (8% in FY12) and one of the largest employment generators, currently employing around 33 million people but the construction equipment market is still untapped. 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). In such scenario, event like Excon will be a great platform for national as well as local players to share global best-practices and would aim at facilitating faster and sustainable development of infrastructure and related sectors in India,” said Mr Manmohan Singh, Chairman, CII Chandigarh Council.
“CII’s Excon aims to provide a one of a kind opportunity for the entire industry including manufacturers, assemblers, component suppliers, financiers and after-sales servicers to assess the current status of Indian construction equipment industry and the underlying opportunities and challenges. From live demonstrations of equipment to a display of power tools, Excon promises to give close to 35,000 visitors from different parts of India, a great business opportunity. The event also acts as a forum to position India as an outsourcing destination for components, aggregates and equipment,” said Mr Pikender Pal Singh, Regional Director, CII NR region.
Caterpillar, ITR, JCB, Kobelco, L&T Construction Equipment Komatsu, Puzzolana, Schwing Stetter, Spartan, Srei Bnp Paribas , Tadano,  Universal Construction Machinery, Volvo , Wipro, Wirtgen Group are the event Sponsors while Ajax Fiori , Ammann Apollo, Amw, Atlas Copco , Bkt, Bull,  Case Construction, Doosan, Greaves Cotton Limited , KYB Conmat, Shriram Equipment Finance, TIL (Tractors India Limited) are the associate sponsors of the event and BKT is the registration sponsor where as PRD is the technology sponsor.

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