EXCON 2009 Launched

EXCON 2009 Launched

Confederation of Indian Industry (CII), Karnataka, launched its 2009 edition of Excon, at a high-level symposium, at Bangalore in December 2008.

Participants from different sectors of the Infrastructure industry had a great opportunity to listen to speeches by eminent industrialists, both from the CE industry, as well as other areas like Infrastructure Finance, Support and Technology, reports Rajini Shankar.

The function was presented by Mr S Viswanathan, Chairman, CII, Karnataka State Council, who highlighted the uniqueness of content and the innovative ventures of Excon, improving its objectives, features, and reach, year after year.

Stressing on the big role by the Infrastructure industry, to overcome the global, economic slowdown, he suggested a few solutions, counter cyclic policies, reducing expenses, upgrading rural areas, enabling marketing connectivity.

He also announced that 26thto 29thNovember 2009, would mark the holding of the 5thEdition of Excon. Asia’s third largest CE and Construction Technology exhibition is proposed during that period.

Chairman of Excon 2009, Managing Director and CEO of JCB, Mr Vipin Sondhi in his address highlighted the noteworthy components of Excon 2007, and said, “Excon 2007 had about 285 exhibitors and the main attractions of the event were live demos of equipment, International participation and above all International CEOs participated in an interactive panel discussion.”

Mr JP Nayak, President Operations, L&T, spoke at length about the vital role of CE Industry for India’s future. Sharing his extensive knowledge in the industry, he listed the leading players in this arena, the manufacturers and service providers namely, Ashok Leyland, ECEL, BEML Caterpillar, Cummins India, GMMCO, Kobelco, Tatra Trucks, Schwing Stetter, Volvo, L&T, Komatsu and Wirtgen. “CE is used extensively in Industries like mining, irrigation and road construction,” classifying roads into super highways, highways, and intracity roads, he added.

He referred to the stupendous growth in the Indian CE market, prior to the market crash. But this situation has decelerated sharply during April – November 2008.

The causes of deceleration were Liquidity—stock market collapse, NBFC finances to CE and construction, PSU banks flush with funds, not keen on funding CE, and reduction in CRR interest rates by RBI.

Pump priming Investments in infrastructure projects and fast tracking of existing projects and monitoring progress closely and push for speedy completion was the solution suggested by him along with, visibly increase liquidity flow to this sector.

Mr Nayak concluded on a positive note "We still need houses to live, we need roads for the urbanized sectors and the rural sectors for connectivity, so we would survive this setback and come out of it.”

The Chief Guest of the function, Honourable Minister for Tourism and Infrastructure Development, Govt. of Karnataka, Shri Janardhana Reddy, in his opening remarks, congratulated the efforts of CII and how CII and Excon were jointly cementing the Construction Industry and an economy.

Stressing that rapid growth can be achieved only through construction technology; Mr. Reddy suggested that Infrastructure should meet agricultural and rural sectors too. The government of Karnataka, aims to establish the state of Karnataka as a ‘Role model for Infrastructure development by formulating a set of several policies for better power, tourism and good roads.

The post-tea session had some eminent and knowledgable speakers like Dr Anand Ramanathan, Advisor KPMG Bangalore, Mr Anurag Behar, CEO, Wipro Infrastructure Engineering Services, and Corporate Vice President for Social Initiatives, Mr Vikram Sharma, President & CEO, Kobelco CE India, Mr Param Shivalingam, CEO-Construction, GMR Group, and Mr KK Mohanty, Executive Director, SREI International Finance Limited.

EXCON 2009 Launched
Mr Anurag Behar, chosen by the ‘The World Economic Forum’ as one of the ‘Youngest entrepreneur of the year 2008’, for his social initiatives for WIPRO Infrastructure Engineering, spoke about the global slowdown, and the possible remedies to combat this, on a rather philosophical note. On a business solution mode, he mentioned that, while many sectors in our country were getting re-aligned, the Infrastructure segment has remained unchanged, urging the industry experts and all the participants to invest in changing the Infrastructure area, he also mentioned, that the next five to seven years are not going to be the same as the last five years.

Mr Vikram Sharma, President and CEO, Kobelco, presented his views supported by exhaustive data about the industry. He expressed deep concern over the shockwave that had hit the industry, recently, when the stock markets crashed.

Mr Param Sivalingam, CEO, Construction GMR, made an informative presentation and action plan to fight the current market crisis. According to him, the current economic scenario has impacted GMR's business only in the short term.

Mentioning of GMR foraying into Construction EPC business, he shared with the delegates, the group’s infrastructure pipeline’s current scenario.

Mr Mohanty, Exectuive Director, SREI, Kolkata, the last speaker of the delegation, made a simple, but clear analysis of the situation and offered befitting and practicable solutions for the current slowdown, so typical of his finance profile.

The post-tea session was flawlessly co-ordinated by Mr Mrityunjaya Singh, Managing Director, Volvo CE, Bangalore, with perfectly timed views of the delegates, speakers, interactive session between them, followed by interesting questions from the media and general participants.

NBMCW January 2009

Click Here
To Know More / Contact The Manufacturer
Please provide your details we will contact you as soon as possible
Please let us know your name.
Invalid Input
Please let us know your Designation.
Invalid Input
Please let us know your City.
Please let us know your State.
Please let us know your Country.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.

CTBUH India: Challenges in Elevatoring in India

CTBUH India, the country chapter of CTBUH – a not-for-profit organization with headquarters in Shanghai, Venice, and Chicago, recently organized a conference on the challenges and opportunities of elevatoring in the Indian context Read More ...

World of Concrete Asia 2019 unfolding new segmentation & participating brands

World of Concrete Asia - a leading concrete and masonry industry exhibition, will be held on December 11-13, 2019 in Shanghai New International Expo Center. The show will be visited by domestic and foreign contractors, subcontractors, real estate Read More ...

Conference on Technological Advances in Concrete Pavements & Bridges Organised by ICI (Hyderabad) Telangana Centre

Indian Concrete Institute (Hyd) Telangana Center had organized a one-day national conference on “Technological Advances in Concrete Pavements & Bridges” on 6 July 2019 at Hotel Best Western Ashoka, Hyderabad. It was inaugured Read More ...

CII Excon 2019 Biggest Festival of Construction Equipment Industry

The Confederation of Indian Industry (CII) has announced the 10th edition of EXCON - South Asia’s largest construction equipment trade fair, to be held in Bengaluru from December 10-14, 2019. The flagship initiative of CII in the construction Read More ...

Belt & Road Business Summit on Infrastructure and Construction Machinery organized by CCCME

CCCME's Belt & Road Business Summit held during CICEE exhibition in Changsha, was attended by senior officials from the embassies of the different countries in China. They discussed issues concerning infrastructure and construction Read More ...

Zoomlion Showcases 66 machines & Smart Technology

Zoomlion displayed its manufacturing strength, smart technology and 66 new 4.0 series products. The range included concrete machinery, cranes, earthmoving machinery, aerial work machinery, industrial vehicles, and its overseas Read More ...

Sany exhibits 68 new products, demonstrates Intelligent Manufacturing

Sany Group took "Smart Sany, Empowering the Future" as its theme and exhibited 68 sets of equipment, 90% of which were brand new. The company seized the opportunity to show its intellectualization and digital transformation with Read More ...

LiuGong Showcases 26 Machines

LiuGong's had a 26-machine line-up, covering mining, roads and highways, utilities, and logistics, among others, in 3000 m2 of space. The mining equipment included LiuGong's 890H with a wide body truck, DW90A, LiuGong 939E excavator Read More ...

SHANTUI Displays 8 New Products

Shantui brought 8 new high-quality equipment that showed the company's technological strengths, service ability, and product series. On display was the new generation of DH17C2 hydrostatic bulldozer, all-rounder SR22MA Read More ...

Sunward Lines up Innovative Products

Sunward Intelligent Equipment Group was a star attraction with its 30 products, pioneering innovations, and manufacturing prowess manifested through 20 years of constant R&D. Its 3,000m2 exhibition area showcased an excavator Read More ...

2019 Changsha International - Construction Equipment Exhibition

Du Jiahao, CPC Hunan Provincial Committee secretary and Hunan Provincial People's Congress Standing Committee director, announced the opening of CICEE 2019, which was held at the Changsha International Convention and Exhibition Read More ...

Manitou holds Intl' Dealer-Buyer Meet - Announces need-based solutions

French material handling equipment conglomerate, Manitou, recently organised a dealership and customer meet named 'Stronger Together' in Phuket, Thailand, which saw a congregation of close to 160 attendees from across the world. Read More ...

Bauma 2019 - The Most Successful of All Times

With 620,000 visitors from over 200 countries, and 3,700 exhibitors from 63 countries, bauma 2019 generated the best results in the exhibition's 65-year history, bauma 2019, the world's leading trade fair for construction equipment Read More ...

CERA: Growing the Construction Equipment Industry

The voice of equipment rental companies in India - CERA – an Association that works to create and sustain an environment conducive for the growth and development of the construction equipment rental industry, by partnering Read More ...

Chinese Major OEMs on bauma Platform for Global Promotion and Expansion

China's Ministry of Commerce appointed bauma 2019 as the platform to promote Chinese construction machinery globally. The press conference, organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Read More ...

Xylem: Smart solutions

New additions to Xylem's portfolio included the latest smart dewatering pump from Godwin's Smart Series – the Godwin Dri-Prime pump specifically designed to combat the toughest mining and construction applications, offering Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week