Conference on 'Infra Redux – New and Sustainable Horizons: Experts upbeat on buoyancy in CE industry biz
Coinciding with Bauma Conexpo India 2016, a conference on Infra Redux – New and Sustainable Horizons', was organized by iCEMA that provided an ideal platform to demonstrate the revival story and evolving growth trends of Indian infrastructure.
Welcoming the exhibitors, participants, and visitors, President, ICEMA and Vice Chairman & Managing Director, Schwing Stetter India, Anand Sundaresan, said that India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects including roads & highways, rural connectivity, and urban infrastructure such as metro rail projects, ports & airports, industrial corridors and smart city projects. A slew of reformative measures including a move to hike total outlay for infrastructure to $52 billion have further added to the momentum and injected the much needed boost to the CE industry. Moreover, in the recent Union Budgets, infrastructure remained a priority and focused area for the policy makers, and this was indicated in the marked improvements in the pace of projects' delivery, their implementation and executing efficiencies, he said.