Mr. Sunil Sapru, President, Liugong India.
On their participation at the show, he adds, "With various advancements in equipment technology, manufacturers and suppliers have a lot more to offer to the construction and mining industry. bC India brings together the best to offer to the construction fraternity, under one roof. We perceive that our company will be benefited as this show offers an exceptional opportunity to showcase our products and services to our target audience. The variety of the latest technologies which will be showcased, give visitors the opportunity to compare the equipment from the Indian and International manufacturers in order to meet their requirements. We will showcase our offerings and solutions to ensure that our customers complete their projects on time meeting the quality standards and earning profits. Such avenues for interaction would definitely be of great help to our customers as they target new projects and opportunities and to the whole industry in promoting collaboration and exchange. We are set to encash the outcome of the event for building better future business prospects."
Sharing his views on the demand trends for the CE market in 2013-14, he said that India being the world's seventh largest country by area and the second largest by population, was one of the most dynamically growing nations but had largely untapped construction equipment market. As road construction (national highways, state highways, and rural roads) was a major growth driver for the Indian infrastructure industry, he hoped approval for building 9500 km of highway projects would go a long way in ensuring growth. Further, the introduction of EPC model would help minimize the time and cost over-runs and enabled a faster roll-out of projects.
Informing about the government's proactive approach to infrastructure development, he states, "To accelerate the development process in the rural area, the government has already formulated various schemes. With increasing investment in the infrastructure sector, we foresee huge demand for road construction equipment manufacturers in the coming years. Also, as our government plans to work on the faster execution of the top priority projects, it will act as an enabler in keeping the momentum rolling. Further growth to the CE business will be from mining, irrigation, airports, and power sectors."