Subhash Sethi, Chairman, SPML Infra

Subhash Sethi, Chairman, SPML Infra
Digital transformation in infrastructure sector is overdue and will now be expedited. In fact, technology companies at bauma CONEXPO INDIA in Feb ‘21 will be the most sought after for their solutions for the CE industry.

The stimulus package of Rs. 20 lakh crore will help the economy towards the recovery path and the infrastructure industry will also rebound.
The spread and severity of coronavirus is a matter of great concern. The Infrastructure sector is already feeling the effects in terms of liquidity constraints, supply chains disruptions, shortage of labour, cost overruns and many other issues that will affect project execution and timelines.

During these testing times, the government has taken a number of initiatives towards continuance of infrastructure development in order to maintain the momentum of the economy. It announced a Rs. 1.7 lakh crore relief package in March, followed by RBI’s facilitating increased lending by the financial institutions. The stimulus package of Rs. 20 lakh crore will help the economy towards the recovery path and the infrastructure industry to rebound.

Other initiatives by the government like extension of toll collection period in contracts to compensate the operators, moratorium for loan payments, reducing late payment surcharge for discoms, Rs. 150 billion package to enhance the healthcare infrastructure, extension of the existing foreign trade policy (2015-20) till March 31, 2021, and extending the timeline for compliance to companies will help in easing the situation.

Digital transformation in infrastructure sector is overdue and will now be expedited.
The digital transformation in infrastructure sector is overdue which is aggravated by the pandemic disruptions. The adoption of new technology will be expedited, and we expect good integration of digital technologies including Internet of Things (IoT), Cloud Computing, BIM, Machine Learning, 3D Printing and Robotics in infrastructure development projects.

SPML Infra is executing a number of infrastructure development projects in water, wastewater and power transmission & distribution segments, and we started technology integration in our projects much earlier, which has helped us in seamless project execution with ease of operations and maintenance during the current tough situation.

Technology companies at bauma CONEXPO INDIA in Feb ‘21 will be the most sought after for their solutions for the CE industry.
bauma CONEXPO INDIA is certainly a big platform for the construction industry and since the pandemic situation is still quite grim across the country, it was a wise decision to reschedule it to the next year. We hope that India and the world will be able to find a permanent solution for this deadly virus. I would suggest getting a wide participation of technology companies who are providing solutions for the construction industry.

Bhupinder Singh, CEO, bauma CONEXPO INDIA

Exhibitors have welcomed the new dates for bauma CONEXPO INDIA as it will allow companies time to recover from the ongoing crisis and stabilise operations Read More ...

Arvind K. Garg, Chairman, bauma CONEXPO INDIA - Task Force and Executive Vice President and Head - Construction and Mining Machinery Business at Larsen & Toubro

Rescheduling the event to February 2021, would act as a catalyst in the Read More ...

Sandeep Singh, President, iCEMA & Managing Director, Tata Hitachi

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Deepak Garg, Managing Director, SANY India & SOUTH ASIA

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Devendra Kumar Vyas, MD - Srei Equipment Finance Limited

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Sorab Agarwal, Executive Director, ACE

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Anuj Dayal, Executive Director, Corporate Communication, DMRC

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Anand Sundaresan, Managing Director, Ammann India

Going forward, from FY 2021 beginning, we can expect many contracts being finalized by the Central and State governments Read More ...

Ajay Mandahr, CEO, Escorts Construction Equipment

The CE sector has a great future ahead and we expect 20-25% growth from next year onwards for the next 3-4 years. The anticipated recovery in the H-2 Read More ...

Puneet Vidyarthi, Brand Leader, CASE India

We are confident that the several measures announced by the government to reinvigorate the infra sector and revive the economy will help bring back Read More ...

Jaideep Shekhar, MD (Asia & EMEAR), TEREX Materials Processing India

We expect to see a modest growth in demand in 2021 vs 2020 and then a much steeper growth 2022 onwards. Most of the demand is expected to come Read More ...

Abhijeet Pai, President, Puzzolana

Since there is a lot of scepticism in the banks and NBFCs, we should take a more collaborative approach with the lenders so that they can repose more faith Read More ...
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