Mu. Moahan, President, BAI

Mu. Moahan, President, BAI
The government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected to further boost India’s construction industry. Also, 100% FDI in construction development projects are allowed through the automatic route.

How do you see business reviving for the Builder & Contractor fraternity now that construction activities are beginning to resume?
India's construction industry is an important growth driver of India’s economy with around 8% contribution to India’s GDP, making it one of the integral industries of India. The government’s construction projects are giving a huge thrust to the industry. The major construction activities accounting for the industry’s growth are power generation projects, highway construction, railway expansion, and export-import cargo. Around 21% of the contribution is from cargo, 9.8% from highway construction and expansion, and 6.6% from power generation. There are government initiatives such as making 100 smart cities, world-class highways, shipping infrastructure, housing and urban development, which have attracted huge investments through FDI, private players, and government budgets.

Various factors such as the current infrastructure which is inadequate to sustain the urban population, the government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected to further boost India’s construction industry. Also, 100% FDI in construction development projects (housing, townships, hospitals, hotels, education institutes, etc) and developing industrial parks are allowed through automatic route.

Hence, even though COVID-19 has considerably slowed down the Indian building and contracting industry, there will no stopping the industry once things start becoming normal.

In the wake of Covid-19 disruptions, there are discussions going on at various platforms that contractors and builders should adopt technologies that will help in better management of the 3Ms (man, material and machine) and complete projects on time. Please share your views on this.
The Indian building and contracting industry has undergone revolutionizing changes in the last decade by embracing technological advancements. New-age construction methods have become highly necessary to ensure efficiency, faster delivery time, and cost effectiveness.

Covid-19 has caused a severe health and economic crisis that has changed the way we live, work, do business, etc. which is being touted as the ‘new normal’. In these challenging times, contractors and builders have to take note of emerging technologies, which have played a significant role in their diverse forms, and provided solutions for addressing and mitigating the current impact of the pandemic across the world.

How important is the tradeshow 'bauma CONEXPO INDIA' for builders & contractors, and what are your views on the new dates of the show?
There cannot and should not be any iota of doubt whether 'bauma CONEXPO INDIA' is important or not for Indian builders and contractors. It is very important, in fact, because participants are expected to display their latest machinery, methodology, services, etc, which will help the players of Indian building and contracting industry adopt technologies that will help in better management of the 3Ms (man, material and machine) and complete their projects on time.

Rescheduling bauma CONEXPO INDIA to Feb 2021 will enable exhibitors and visitors from across the country to participate in the trade fair without any complications. The postponement is even more welcome as the BAI National Members Meet can be planned alongside with bauma CONEXPO INDIA 2021, with maximum pan India participation.

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 ...

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 ...

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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