Deepak Garg, Managing Director, SANY India & SOUTH ASIA

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, can help the infrastructure sector thrive in the present scenario.

Adaptation of mechanized solutions that increase efficiency and reduce dependency on manual labour can help in a fast track recovery of the Infra Sector.
Given the present pandemic situation due to the novel Coronavirus, all the sectors of the economy, especially the infrastructure sector is witnessing a considerable negative impact in the short to medium term. The reasons for the same may vary from construction halt, labour crunch, and severe working capital pressure. In such a scenario, a few factors can play a big role in sustaining the growth prospects of the infrastructure sector.

Adaptation of mechanized solutions that increase efficiency and reduce dependency on manual labour can help in achieving a fast track recovery. Technology enablers like Internet of Things (IOT) which enhance equipment efficiency, and real time information transfer can be a saviour for the sector. Further, restarting halted government projects in a phased manner, can bring the industry back on track.

In addition, overall technological evolution at frequent intervals, proper manpower management, right allocation of budget, and efficiently managing the cash flow requirement for day-to-day operations leading to better financial management, can also help the infrastructure sector to thrive in a better way in the present scenario.

The mining industry would be one of the major demand drivers for the CE industry in the times to come.
Undoubtedly, for every business sector, 2020 is the year of survival and the CE sector is no different. However, 2021 can prove to be the year of revival for the CE sector. The increase in government budgetary allocation to infrastructure sector will result in a lot of growth for the CE industry and also due to the booming mining industry in the country. This could be seen from the fact that the government has recently introduced commercial mining in the coal sector.

That said, the mineral rich soil of the country has always presented umpteen mining opportunities and in future, the demand for essential minerals is only expected to increase. So, having a direct correlation with the CE sector, mining industry would be one of the major demand drivers in the times to come.

The CE segment’s participation in bauma CONEXPO INDIA in Feb ‘21 may give a considerable boost to their business after the current slowdown.
The rescheduling of bauma CONEXPO INDIA from November 3-6, 2020 to February 23-26, 2021 in Gurugram/New Delhi due to the ongoing pandemic situation, is a very strategic move on the part of the organizers and a boon for the participants as well. Since it is one of the best platforms to showcase machines and interact with the customers, it would be very vital for the CE segment and its players to participate in the trade fair after the current slowdown caused due to the Covid-19 situation, as it may give a boost to their business considerably.

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 ...

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 ...

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 ...

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 ...
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