indian construction sectorINVC,
Mumbai,
The much awaited building and construction event, The Big 5 Construct India 2013, opened today at the Bombay Exhibition Centre, Goregaon (E), Mumbai.  The event showcases new global products and technologies in product sectors like steel, concrete, plastics & composites, ceramics & tiles, stones & marbles, pipes & fittings, paints & coatings, pumps, HVAC, water technology, window & doors and aluminum.  The Big 5 Construct India 2013, the International building and construction event, has been organized by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Ministry of Urban Development, Government of India (MUD), and dmg events.  The Big 5 is a major brand in the Middle East and the construction industry has been looking forward to this inaugural show. In addition to the 10 country pavilions from Germany, Italy, Spain, Turkey, UK, Iran, Greece, Taiwan, Korea and China, there are over 200 companies participating from countries like India, Thailand, Japan, UAE, Oman, Vietnam, Singapore, France and Australia.  International exhibitors at the show include Emirates Steel, Duro Dyne, Rimac, Al Chimica and Zennio while Indian exhibitors include Jindal Stainless Steel, Asian Paints, Astral CPGC, Tekla and Ashtech.  Addressing the press conference to announce the opening of the show, Jasmeet Singh, Deputy Director, FICCI said, “The Big 5 Construct India would provide genuine business opportunities by placing exhibitors in front of product buyers from some of the largest construction projects in India.  I am delighted that we have succeeded in putting together a show of truly international standards.”  Citing a PwC report prepared for the organizers of The Big 5 Construct India, he said that the country’s construction industry   contributed roughly 8% of GDP in 2011-12 and offered employment to 33 million people. The industry grew by 5.9% in 2012-13 as against 5.6% in 2011-12.  As per the PwC report, the Indian construction industry is expected to see investments worth over USD 906 billion during the five year period 2012-2016. The industrial and infrastructure sectors are expected to attract 57% of the share while growing at a CAGR of 17.2% with the aggregate size of USD 524 billion during this period. The real estate sector is expected to account for 43% share and expected to grow at a CAGR of 13.6%, aggregating to USD 382 billion during this period. PwC will be presenting a full report on their findings and all attendees will receive a copy of the report.  Muhammed Kazi, Exhibition Manager, dmg events said, “I thank FICCI and the Ministry of Urban Development, Government of India for their support as a result of which the event has received overwhelming response. Our exhibitors represent the finest companies in various product sectors and several of them are exhibiting for the first time in India.   We are also hosting a series of seminars on current topics such as sustainable design, BIM adoption and regulatory issues with renowned industry professionals as speakers which industry professionals will find relevant and valuable.” Mr. Kazi added, “The Big 5 Construct India is a perfect place to cultivate new opportunities and is a great platform for buyers and sellers to meet and do business.  I have no doubt that this show will be a huge success for all concerned.”  The show will also feature live demonstrations aimed at bringing exhibitors’ products and innovative solutions for the construction sector close to visitors, like the live demo of spray plaster by Perlcon Premix. The show comes at a time when the construction market is eager to learn more ways to apply new technologies and efficient construction methods and has good opportunity to promote trade, increase investment and further the development of construction companies.

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