Dimitrov Krishnan, MD, Volvo CE India

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 sector.

Currently, the biggest challenge for the revival of the Infra sector is availability of financing and for associated industries like Construction Equipment.
The government’s National Infrastructure Plan provides a clear road map with sector wise objectives for Infrastructure in every aspect for India. Currently, the biggest challenge for the revival of the sector is availability of financing for this sector and for associated industries like Construction Equipment. In addition, to bring activity levels back to some normalcy, Government needs to ensure pending bills of contractors are paid quickly. The cash flow situation in power sector also needs to be solved urgently as state government finances are not in good shape. The central government should take the lead and form a time bound task force of ministers that can review progress reports and identify specific issues to be resolved. After all, the Infra sector is key to the economic revival of the Indian economy.

OEMs and dealers need to work together and ensure that customers continue to be supported.
2020 is a year of surviving in a tough Covid-impacted market. Focus on cost management and at the same time managing inflationary pressure on the input side, are key. Factory absorption will be challenged, putting pressure on OEM financials. OEMs and dealers need to work together, communicate closely, and ensure that customers who are operating continue to get the support they deserve. Year 2021 could see a demand revival as the impact of the pandemic wanes. However, it is still an uncertain situation and planning ahead will remain a challenge for 2021.

I believe that the decision of rescheduling bauma CONEXPO INDIA to Feb 2021 is the right move at this juncture.
With tight business situation, manufacturers ability to maintain discretionary spending is low and I would say that exhibitors in general need to have a flexible approach. Online expos will need to be looked at and focus must be on enhancing the expo experience. I would not comment on the Feb 2021 timing yet, as it is tough to plan for shows without seeing a clear revival of demand.

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 ...

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 ...

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 ...
NBM&CW

New Building Material & Construction World

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Modern Green Structures & Architecture

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Lifting & Specialized Transport

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II&TW

Indian Infrastructure & Tenders Week

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