Indian Inc Keen on Fostering Business, Building Synergies in China

Indian participants to the recently held Bauma China 2006—flew in numbers to China to gain exposure about Chinese construction equipment industry and market. The rationale behind Indian participation was variegated however, collective in its character as P. P. Basistha & M. A. Faridi learnt while interacting with participants.

The perception which made India Incorporation participate at Bauma China 2006 can be termed holistic in its entity. Business development was an essential endeavour. But more importantly, the enterprise to participate in the exposition was to get itself informed about the business dynamics of the global construction equipment industry involving innovated product line. Significantly, it was also to learn more about the Chinese construction equipment companies and the market itself, which is becoming a very strong factor to reckon in the global construction equipment business. China’s construction equipment market is poised to have market value of 230 billion RMB by the year 2010.