EXCON 2009 Launched

Confederation of Indian Industry (CII), Karnataka, launched its 2009 edition of Excon, at a high-level symposium, at Bangalore in December 2008.

Participants from different sectors of the Infrastructure industry had a great opportunity to listen to speeches by eminent industrialists, both from the CE industry, as well as other areas like Infrastructure Finance, Support and Technology, reports Rajini Shankar.

The function was presented by Mr S Viswanathan, Chairman, CII, Karnataka State Council, who highlighted the uniqueness of content and the innovative ventures of Excon, improving its objectives, features, and reach, year after year.

Stressing on the big role by the Infrastructure industry, to overcome the global, economic slowdown, he suggested a few solutions, counter cyclic policies, reducing expenses, upgrading rural areas, enabling marketing connectivity.

He also announced that 26thto 29thNovember 2009, would mark the holding of the 5thEdition of Excon. Asia’s third largest CE and Construction Technology exhibition is proposed during that period.

Chairman of Excon 2009, Managing Director and CEO of JCB, Mr Vipin Sondhi in his address highlighted the noteworthy components of Excon 2007, and said, “Excon 2007 had about 285 exhibitors and the main attractions of the event were live demos of equipment, International participation and above all International CEOs participated in an interactive panel discussion.”

Mr JP Nayak, President Operations, L&T, spoke at length about the vital role of CE Industry for India’s future. Sharing his extensive knowledge in the industry, he listed the leading players in this arena, the manufacturers and service providers namely, Ashok Leyland, ECEL, BEML Caterpillar, Cummins India, GMMCO, Kobelco, Tatra Trucks, Schwing Stetter, Volvo, L&T, Komatsu and Wirtgen. “CE is used extensively in Industries like mining, irrigation and road construction,” classifying roads into super highways, highways, and intracity roads, he added.

He referred to the stupendous growth in the Indian CE market, prior to the market crash. But this situation has decelerated sharply during April – November 2008.

The causes of deceleration were Liquidity—stock market collapse, NBFC finances to CE and construction, PSU banks flush with funds, not keen on funding CE, and reduction in CRR interest rates by RBI.

Pump priming Investments in infrastructure projects and fast tracking of existing projects and monitoring progress closely and push for speedy completion was the solution suggested by him along with, visibly increase liquidity flow to this sector.

Mr Nayak concluded on a positive note "We still need houses to live, we need roads for the urbanized sectors and the rural sectors for connectivity, so we would survive this setback and come out of it.”

The Chief Guest of the function, Honourable Minister for Tourism and Infrastructure Development, Govt. of Karnataka, Shri Janardhana Reddy, in his opening remarks, congratulated the efforts of CII and how CII and Excon were jointly cementing the Construction Industry and an economy.

Stressing that rapid growth can be achieved only through construction technology; Mr. Reddy suggested that Infrastructure should meet agricultural and rural sectors too. The government of Karnataka, aims to establish the state of Karnataka as a ‘Role model for Infrastructure development by formulating a set of several policies for better power, tourism and good roads.

The post-tea session had some eminent and knowledgable speakers like Dr Anand Ramanathan, Advisor KPMG Bangalore, Mr Anurag Behar, CEO, Wipro Infrastructure Engineering Services, and Corporate Vice President for Social Initiatives, Mr Vikram Sharma, President & CEO, Kobelco CE India, Mr Param Shivalingam, CEO-Construction, GMR Group, and Mr KK Mohanty, Executive Director, SREI International Finance Limited.

EXCON 2009 Launched
Mr Anurag Behar, chosen by the ‘The World Economic Forum’ as one of the ‘Youngest entrepreneur of the year 2008’, for his social initiatives for WIPRO Infrastructure Engineering, spoke about the global slowdown, and the possible remedies to combat this, on a rather philosophical note. On a business solution mode, he mentioned that, while many sectors in our country were getting re-aligned, the Infrastructure segment has remained unchanged, urging the industry experts and all the participants to invest in changing the Infrastructure area, he also mentioned, that the next five to seven years are not going to be the same as the last five years.

Mr Vikram Sharma, President and CEO, Kobelco, presented his views supported by exhaustive data about the industry. He expressed deep concern over the shockwave that had hit the industry, recently, when the stock markets crashed.

Mr Param Sivalingam, CEO, Construction GMR, made an informative presentation and action plan to fight the current market crisis. According to him, the current economic scenario has impacted GMR's business only in the short term.

Mentioning of GMR foraying into Construction EPC business, he shared with the delegates, the group’s infrastructure pipeline’s current scenario.

Mr Mohanty, Exectuive Director, SREI, Kolkata, the last speaker of the delegation, made a simple, but clear analysis of the situation and offered befitting and practicable solutions for the current slowdown, so typical of his finance profile.

The post-tea session was flawlessly co-ordinated by Mr Mrityunjaya Singh, Managing Director, Volvo CE, Bangalore, with perfectly timed views of the delegates, speakers, interactive session between them, followed by interesting questions from the media and general participants.
Click Here
To Know More or to Contact the Manufacturer
Please let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Invalid Input
Invalid Input
Invalid Input
As humanity reeled under the onslaught of Covid-19 and the resultant uncertainty, the world applauded the millions of essential services workers who toiled tirelessly at great risk to their personal health

Read more ...

Despite the pandemic, Changsha International Construction Equipment Exhibition (CICEE 2021) became a huge success with 1,450 exhibitors showcasing their products and technologies on an exhibit area

Read more ...

In an online event, GHH India along with its mining contracting subsidiary, GHH Bumi Mining Service, was awarded ‘Best Performing Business Partner’ by Vedanta Group/Hindustan Zinc Ltd (HZL)

Read more ...

In order to fully implement General Secretary Xi Jinping’s instruction on "building Hunan into a nationally advanced, important highland of manufacturing industry" during his inspection of the Hunan province

Read more ...

Over the years, the IEE Expo has positioned itself strongly as a networking and sourcing platform for elevator and escalator industry professionals, and where buyers can witness the latest technologies and conveniences

Read more ...

Government of India’s ambitious ₹111 lakh crore National Infrastructure Pipeline (NIP), which has already been announced and actioned upon, augurs very well for enabling sectors such as the Indian Construction Equipment

Read more ...

bauma CONEXPO INDIA - north India’s leading International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles - has been rescheduled from 3-6 November 2020

Read more ...

INTRALOGISTICA ITALIA is the only exhibition with a comprehensive offer dedicated to the most innovative solutions and integrated systems for industrial handling, warehouse management, materials storage and picking

Read more ...

The Indian Concrete Institute, Goa Centre, in association with Ultratech Cement Limited organized the 9th ICI-Ultratech Awards Nite on 19th February 2020 at Hotel Fidalgo, Panjim Goa. The annual event was attended by nearly 250 invitees

Read more ...

The Indian Concrete Institute in association with Dayananda Sagar College of Engineering organized a one-day seminar on Geopolymer Concrete Applications: Challenges and Opportunities. In this fast-developing world, it has become

Read more ...

Conexpo 2020 was held as scheduled on March 10, 2020 in Las Vegas, USA. Established Chinese construction equipment enterprises like XCMG, Zoomlion, Sany, LiuGong, Shantui, Sunward, and many more once again demonstrated the strength

Read more ...

Multiple construction and construction materials industry segments unveiled new technologies and products, shared knowledge, networked with industry peers and bought equipment at the CONEXPO-CON/AGG & IFPE 2020, held at the Las Vegas

Read more ...

In line with its strategy to enhance customer experience with minimal downtime of elevators & escalators, and for swift deliveries of spares, KONE has opened a new warehouse at Andheri in Mumbai that houses more than 2000

Read more ...

The 45th edition of World of Concrete for the concrete & masonry industries drew about 54,000 registered professionals to the Las Vegas Convention Center and featured 1,310 companies (including 255 brand new companies) exhibiting

Read more ...

Once a year, the specialist group meets in January to discuss operational issues and projects for the current year. In economic terms, the industry is still at the record level of 2018, and its sales in 2019 will match the previous

Read more ...

Mahendra Singhi (Managing Director & CEO – Dalmia Cement (Bharat) Limited) and Nilesh Narwekar (CEO – JSW Cement) have been elected as the Chair and Co-chair, respectively, of the GCCA India to provide strategic direction

Read more ...

The 2nd Edition of iCEMA Conclave organized by Indian Construction Equipment Manufacturers Association, deliberated on new avenues of construction equipment financing, challenges and measures. NBM&CW reports.

Read more ...

The Indian Concrete Institute, Goa Centre, organized a One Day Workshop on “Recent Advances in Waterproofing Technologies” on 16th January 2020 at Metropole Hall, Hotel Nanutel, Margao Goa, under the aegis of Indian Concrete Institute

Read more ...

At Greenbuild India hundreds of green building and sustainability professionals discussed LEED and green building practices that help deliver a more sustainable future. The U.S. Green Building Council (USGBC) held the third

Read more ...

The Construction Chemicals Manufacturers Association (CCMA) hosted the 7th edition of International Construction Chemicals Conference at Hotel Taj Lands End in Mumbai. The theme was “Role of construction chemicals in infrastructure

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.