Excon 2019 - Festival of Construction Industry

Excon 2019 - Festival of Construction Industry

Vipin Sondhi, Chairman, Excon 2019
The 10th edition of Excon - CII’s flagship biennial event and the largest exhibition in South Asia in the construction and infra sector - will be held from 10-14 December 2019 at BIEC, Bengaluru. It will showcase world-class equipment and technologies developed by manufacturers from across the world. Vipin Sondhi, Chairman, Excon 2019, in an exclusive interview with S.A.Faridi, Managing Editor, NBM&CW (the sole official media for Excon), explains the event’s theme ‘Smart i-tech India @75’, and why he is confident of the event’s growing stature as a multi-dimensional business platform.

What will Excon’s theme ‘Smart i-Tech – Next Gen India@75’ encompass?
The theme of Excon 2019 is I-Tech, where ‘I’ means Infrastructure, Internet, Intelligent, Interconnectivity and Innovation. It will showcase the products of the future for a new India @75. There is a significant amount of digital influx in the industry today with Artificial Intelligence (AI), Telematics, Internet of Things (IoT) and Big Data becoming integrated with products and services. This is a step change from the traditional methods of machines working in isolation. Equipment, today, is intelligent and has the ability to communicate digitally, thereby contributing to site efficiency and productivity.

Please elaborate on your plans for Excon 2019.
Spread over 3,00,000 sqm, Excon 2019 will be an ideal platform for organisations to experience the latest in Construction Equipment and Technology. The event will bring together industry stakeholders on a common platform, including component manufacturers, who form an integral part of the value chain.

With the Theme 'Smart i-Tech – Next Gen India@75' there will significant focus on future technologies such as AI, IoT and Digital in the CE industry. To celebrate the 10th edition, various programs are being initiated, such as Industry academia collaboration, women achievers in infrastructure, automation, robotics, etc.

We are looking forward to more than 1,250 domestic and 350 foreign exhibitors, and over 10 country pavilions. It is a festival of the CE Industry over a five-day period, it will attract close to 70,000 visitors, and participants from over 25 foreign countries.

There will be new product launches, live demonstrations, and conferences on trending topics in the area of Infrastructure, Defence, MSMEs, Green Buildings, Logistics etc. In addition to fully built products, Excon will have a dedicated area for the Components Industry, which is a vital sector as it contributes to the industry by way of quality products, innovation and employment generation.

CII has deployed a dedicated software for arranging B2B meetings at Excon 2019. Visitors, once they have registered at the event, can participate in the B2B matchmaking system which is enabled. In the last edition, there were 1,520 B2B meetings organized and at Excon 2019, this number is expected to cross 2,500.

Excon also aims to address the needs for the troika of the Industry, the Academia and the Government – to be fully aligned - if India is to realise her dreams.

What is CII’s assessment of the growth prospects of the Indian construction market in the near and long term?
The Confederation of Indian Industry has been playing a pioneering role in facilitating the accelerated development of infrastructure in India. One of its key initiatives is Excon – a Global Exhibition on Construction Equipment & Technologies.

The Government has laid down a vision for India to become a USD 5 trillion economy by 2024. India is also expected to become the third largest construction market globally by 2022. The achievement of these ambitious targets will require a significant investment in building infrastructure; and with `100 lakh crores being allocated for infra development over the next five years, we feel that there will be tremendous focus in this sector.

With the focus of the Government and the participation of world-class players, we can expect state-of-the-art technology in the industry. Already, IoT, Artificial Intelligence and other technology enhancements are making their way in our industry and this is only set to increase further.
With the focus of the Government and the participation of world-class players, we can expect state-of-the-art technology in the industry. Already, IoT, Artificial Intelligence and other technology enhancements are making their way in our industry and this is only set to increase further. Hence the theme Smart i-tech India @75, where ‘I’ stands for Infrastructure, Internet, Interconnectivity, Intelligent and Innovation.

The CE market is experiencing some volatility currently and sentiment is somewhat low in the industry. How do you assess this scenario?
The disruption of the payment cycle and stress on NBFCs has impacted the Construction Equipment industry. There is a decline in the sentiment and the market is down between 15 to 17% this year as compared to 2018.

With 2019 being an election year, some disruption was expected, but what we are seeing now is the combination of a variety of factors leading to low demand. Also, the shift from Public Spending to the Public Private Partnership model will take time to show results on ground, and there is caution in lending.

The heartening fact is that the Government is taking notice of this stress and is showing resolve and commitment to improve the situation. Re-capitalization of banks, support for NBFCs, and a significant focus on developing rural infrastructure are all steps in the right direction. We are hopeful that the situation will improve in the coming few months and the industry will once again achieve double digit growth figures.

What positive impact is Excon 2019 likely to have on the CE industry‘s growth and expansion in the near future?
Excon 2019 will give an in-depth view of the Indian market for construction equipment in addition to opportunities for equipment purchase, financing, joint ventures and technology transfers. The exhibition will open avenues for supplies from foreign stakeholders into India. And as many manufacturers today build world-class equipment in the country, it will also help give a fillip to exports.

How is CII gearing up to ensure security, smooth traffic flow, transportation and accommodation facilities for the exhibitors and visitors, and what support is being extended by the local bodies / government?
The CII team, with the support of the local administration, is fully committed to giving visitors world-class experience in Bengaluru. We have the support of the State Government of Karnataka for this event. Maintaining traffic flow, as well as having security from the state police for the event have been arranged. Additionally, we will be engaging traffic wardens to help streamline traffic during the event. An additional 28 acres of parking lot will be available to accommodate the larger number of vehicles expected this year.

EHS - environment, health and safety - has been given utmost priority at Excon 2019 and we have engaged the services of a reputed EHS consultant to guide as well as audit EHS compliance at the event.

As Chairman of Excon 2019, what is your message to the participants and attendees this year?
With the active participation of global players and the government both at the Center and State, there is a lot that we can contribute to the growth of the construction industry. I welcome everyone in the Infrastructure sector, the construction equipment and user industries, including the MSMEs and the Academia to witness and experience the wide range of equipment, services and solutions on display and be a part of this Festival of the Construction Industry.

NBM&CW November 2019

Sales Climbing at Everest Engineering

Very big precast housing projects have started in Taloja in Maharashtra by CIDCO and in Delhi by Delhi Development Authority (DDA). The contractor of these mass housing projects M/s. BG Shirke of Pune will apply these cranes in these projects Read More ...

Inventaa Precast

Inventaa Industries was set up in the year 1979 for the manufacture of bulk drugs and later venture into mushroom production. In both fields Inventaa continues to be the largest producer of high-quality products. Read More ...

Premium Transmission Expanding Operational Ambit

In India, the power transmission sector has witnessed unprecedented growth in the past few years, with line length and transformer capacity growing. It is imperative to say that both operational and financial performances of the transmission utilities Read More ...

Starworth Infrastructure and Construction Taking the Precast Way to Growth

Raj Pillai, Managing Director, Starworth Infrastructure and Construction, speaks on precast construction methods, challenges and advantages, and why selection of the right equipment, quality control, and following national building codes Read More ...

L&T: EPC Expert in Airport Construction

M. V. Satish, Whole Time Director & Senior Executive Vice President (Buildings, Minerals & Metals) of L&T Construction discusses the challenges and scope of infra development in both greenfield and brownfield airports and the company's Read More ...

Jindal Aluminium Limited: Preferred Supplier

Aluminium is becoming an integral part of infra construction projects like Metros, Smart Cities, etc. purely due to the material’s sustainable nature, avers Pragun Jindal Khaitan, MD, Jindal Aluminium Limited, and envisages demand Read More ...

CMRL: Unfazed by Challenges

With the inauguration of the final 10-km stretch between AG-DMS and Washermanpet, the entire 45-km first phase of the Chennai Metro rail network is now up and running. Thiru Pankaj Kumar Bansal, I.A.S, Managing Director, Chennai Metro Rail Limited Read More ...

Growth Ahead - Gurvinder Singh, Director, Amrik Singh & Sons Crane Service

We foresee a huge demand for cranes and other heavy vehicles in the Indian Infrastructure and logistic industry. In addition to the ongoing projects, multiple projects are expected to start within the next few months. These include major Read More ...

Globe Ecologistics Making Inroads

Major changes in the last decade include upgradation of technology of Vehicles & GPRS Technology with IT software, which have given better output/intime to logistical services. Even road infrastructure has improved a lot. At present Read More ...

Jungheinrich: Customizing Solutions for India

The Indian market is becoming more competitive and more players are coming in; it’s a challenge and also an opportunity for the industry to grow and upgrade, avers Manojit Acharya, MD, Jungheinrich India, during an interview with Maria R. Read More ...

ACE: Growing Capacity to become leading MHE Supplier

ACE offers a diverse range of material handling equipment to cater to the diverse needs of the warehousing industry. Under the MHE segment, we offer Diesel Forklift (1.5T-3.5T), Electric Forklift (1.5T-8.0T), LPG Forklift (35T), and an Read More ...

Putzmeister - Mechanization is Key

Ambitious development targets and increasing pressure to complete projects on time require an increased adoption of mechanization. As a result, although there are indications of an economic slowdown, we are seeing a steady demand Read More ...

Manitou India: Meeting Challenges Head-On

Manitou is bullish of driving its business of telehandlers, skid steer loaders and backhoe loaders in India as the demand potential of our solutions is quite promising. This is due to multiple factors, many of which are fundamental Read More ...

Escorts: Making Inroads into Global Markets

If you see global trends, we can say that our machines are at par with global features and technology integration. People are moving to safer equipment, autonomous operations, operator comfort, and are looking at highly efficient Read More ...

Terex: Indian at Heart

We are currently working on various new product development projects for the Indian and regional markets. There are multiple new models planned to be launched for our modular range and also some very exciting new additions for the Read More ...

Sachin Bhandari, CEO, VTP Realty

The Infrastructure sector is the backbone of the Indian economy as it is responsible for propelling the country’s overall development. The sector, therefore, requires dedicated focus from the government, which must formulate Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week