Excon positions India as global CE manufacturing hub

Excon 2017, South Asia’s largest construction equipment exhibition, ended on a successful note, having attracted 925 exhibitors (including 275 from abroad) and 40,000 business visitors from across the globe. Dignitaries at the event included Mr. Anant G. Geete, Hon’ble Union Minister for Heavy Industries and Public Sector Enterprises as chief guest; Mr. R V Deshpande, Hon’ble Minister for Large & Medium Industries & Infrastructure Development, Government of Karnataka; and Mr. Amitabh Kant, CEO, Niti Aayog, Government of India, amongst others.

Speaking at the inaugural session, Mr. Anant G. Geete said, “Under Prime Minister’s leadership, the NDA government is trying to pave the way to lead India as a developed nation. The ‘Make in India’ is a pivotal initiative, especially in the heavy industry sector, wherein we want foreign players to invest in India, and encourage Indian companies to invest and grow in India as well. Equipment makers have good opportunities as there is phenomenal investments being made in the Infrastructure sector. We have also launched a slew of schemes to promote the capital goods industry. In the coming years, around `7-8 lakh crore is expected to be spent.”