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 from the Infra sector but the mining sector would also contribute to the demand.
In the long run, the investment in Infra sector would drive GDP growth and spur the economy.
The Infrastructure sector is one of the largest employers of skilled and non-skilled manpower. In order to kickstart the economy, the government needs to have continued focus on infrastructure projects in order to generate large scale employment opportunities. I believe this sector will continue to grow and will, in fact, become a more important sector as the government tries to give a push to economy. In the long run, the investment in Infra sector would get the GDP growth and spur the economy.
We believe that the CE industry will start seeing some revival towards the end of 2020 itself. While there is no doubt that the last few months have been challenging, the long-term growth opportunities for the CE industry remains positive. 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 from the Infra sector but we also believe that mining sector would contribute to the demand.
We need to be cautiously optimistic for the bauma CONEXPO INDIA Feb 2021 timelines since the health crisis does not seem to go away anytime soon.
I believe that this is the right decision taken by the organisers. With the current health crisis, it would have been very difficult for companies to participate and even for the visitors if the bC India would have gone ahead with the original dates. However, we need to be cautiously optimistic since the event is just six months away and the health crisis does not seem to go away anytime soon.
In the long run, the investment in Infra sector would drive GDP growth and spur the economy.
The Infrastructure sector is one of the largest employers of skilled and non-skilled manpower. In order to kickstart the economy, the government needs to have continued focus on infrastructure projects in order to generate large scale employment opportunities. I believe this sector will continue to grow and will, in fact, become a more important sector as the government tries to give a push to economy. In the long run, the investment in Infra sector would get the GDP growth and spur the economy.
We believe that the CE industry will start seeing some revival towards the end of 2020 itself. While there is no doubt that the last few months have been challenging, the long-term growth opportunities for the CE industry remains positive. 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 from the Infra sector but we also believe that mining sector would contribute to the demand.
We need to be cautiously optimistic for the bauma CONEXPO INDIA Feb 2021 timelines since the health crisis does not seem to go away anytime soon.
I believe that this is the right decision taken by the organisers. With the current health crisis, it would have been very difficult for companies to participate and even for the visitors if the bC India would have gone ahead with the original dates. However, we need to be cautiously optimistic since the event is just six months away and the health crisis does not seem to go away anytime soon.