CII EXCON 2021 | Day 1 | Highlights | JCB | Sany | Mahindra | Nakoda
The 11th edition of CII EXCON, South Asia’s largest construction equipment trade fair organised by the Confederation of Indian Industry (CII), being held in Bangalore between 17 and 21 May has been inaugurated by Karnataka Chief Minister Basavaraj Bommai and Union Minister of State for Road Transport & Highways General (Retd) V K Singh.
The Chief Minister said that the construction sector will have a major contribution to Prime Minister’s vision to make India a USD 5 trillion economy. To achieve this goal, the government is embarking on major infrastructure and industrial projects worth Rs 100 lakh crores. “Though our major focus should be growing exponentially in the country by advancing our technologies, inclusion of people at the bottom of the pyramid is also critical since they are the movers of the economy. We urge the industries to collaborate with them to further enable the CE sector,” he said.
The Minister mentioned that the state presents huge business opportunities for the construction industry, as it is embarking on major infrastructure development projects in roads & flyovers, industrial infrastructure and power.
General (Retd) Singh said, “Infrastructure must be sustainable and the industry should take measures to enhance the quality at an affordable life cycle cost. India is working hard on hydrogen fuel technology and solar energy since we consider it as the future of the country. The CE industry must be prepared for the competitive market situation and focus on Industry 4.0 for revamping itself.”
Deepak Shetty, Chairman of CII EXCON, said that “This is the eleventh edition of the EXCON and our theme this year is Building India for a New World: Competitiveness, Growth, Sustainability, Technology. India must become less dependent on imports to build large scale infrastructure projects, roads, ports, etc. Hence, developing and embracing technologies is crucial so that we can expand our innovations and become an export hub globally. The three key strategies that will help us to fast-track developments are – focusing on new growth drivers, understanding the significance of rural economy and curate a roadmap for alternate fuels.”
While proposing the vote of thanks, Dimitrov Krishnan, Co-chairman of EXCON, said, “Indian CE industry, being the 3rd largest market in the world, has shown remarkable progress over the years. We aim to become the 2nd largest CE market in the world. EXCON will reflect on the theme elements at the exhibition and set the pace for Atmanirbhar Bharat in infrastructure development in the country.”
During the inaugural session, dignitaries at EXCON presented the “Women Building India Awards” to recognize the inclusion of women in the infrastructure industry. Women champions from Cummins India Ltd, Volvo CE India Pvt. Ltd, Schwing Stetter India Pvt. Ltd, and L&T Constructions & Mining Machinery were recognized for their efforts towards the same.