Anand Sundaresan, Managing Director, Ammann India

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

The assured huge investment in Infra projects by government will create demand for CE
The government has assured huge investment in infrastructure projects and we are hopeful that these projects will be awarded quickly, which will create demand for construction equipment. Along with this, NBFCs should start releasing funds for equipment purchase which currently is not to the level as expected, as they are closely reviewing the credit worthiness of contractors, especially of those who have availed the facility of moratorium. Having said that, we hope that these are a temporary phenomenon which will be settled soon as we are quite confident on the initiatives and investments proposed by the government on infrastructure projects.

The recent award of contract for many road packages by MoRTH is a major step towards kick starting the economy. We expect to be awarded many contracts in the road sector in the near future. Our association – iCEMA - is also having regular interactions with many state governments and these discussions have been very positive. So, going forward, from the beginning of FY 2021, we can expect many contracts being finalized by the Central and some State governments, which will benefit the construction equipment industry.

Travel restrictions and fear of virus are still there so it is undoubtedly a wise decision to reschedule the expo to Feb 2021
The year 2020-2021 has been very challenging for everyone; travel restrictions and fear of the virus are still there as no one wants to take a chance. So, I would say that, firstly, more contracts should flow in from the government, and, secondly, we should see the pandemic coming under control. My take on bauma CONEXPO INDIA is that the participation will be lukewarm.

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

The CE Industry is fighting battles on many fronts, including very low levels of plant capacity utilization and sales, and consequent impact on company Read More ...

Mu. Moahan, President, BAI

The government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected Read More ...

Dimitrov Krishnan, MD, Volvo CE India

The central government should form a task force of ministers to review progress reports and identify issues that need to be resolved to kickstart the Infra Read More ...

Ramesh Palagiri, MD & CEO, Wirtgen India

Rebooting activities in the Infra sector and more so in the road sector is critical for the economy. We expect the road construction activity to pick up pace from Read More ...

Deepak Garg, Managing Director, SANY India & SOUTH ASIA

Technological evolution at frequent intervals, manpower management, right allocation of budget, and efficient management of cash flow Read More ...

Devendra Kumar Vyas, MD - Srei Equipment Finance Limited

The Government’s commitment is evident from its initiative of setting up NIP involving investments of Rs. 111 trillion over five years up to 2025. Read More ...

Jasmeet Singh, AVP, Corporate Communications, JCB India

Going forward, two key sectors are set to emerge and drive demand for construction equipment – first being the development of infrastructure in Read More ...

Sorab Agarwal, Executive Director, ACE

The CE industry will see growth in FY2022 - in similar numbers as seen in FY2020 - as are we are sure that the Government will find ways to keep the ball rolling Read More ...

Anuj Dayal, Executive Director, Corporate Communication, DMRC

Despite use of cutting-edge technologies in construction, mammoth projects are still dependent on labour involvement and their shortage 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 ...

K. Jalandhar Reddy, Executive Director, KNR Construction

Artificial intelligence, robots, and machine learning improve worker productivity in construction sites, cut down project costs and improve Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
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Modern Green Structures & Architecture

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Indian Infrastructure & Tenders Week

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