CONEXPO INDIA 2018 discusses the latest trends and technologiesCE industry
The second roadshow for bauma CONEXPO INDIA 2018 was held on November 16, 2018 at Intercontinental, Mumbai. bauma CONEXPO INDIA is the international trade fair for construction machinery, building material machines, mining machines and construction vehicles.
The key dignitaries at the roadshow were Shri GyanMadhani, Chairman, BAI Mumbai Centre and Mr. Tushar Alekar, Commercial Director, Messe München India Pvt. Ltd.
According to “India Construction Equipment Market by Segment, by product type, Competition Forecast & Opportunities, FY2012 – FY2024”, construction equipment market is to grow at a CAGR of 6.8% during FY18-FY24 in India, on account of the country’s expanding construction industry. Rapid urbanization, increasing foreign investments and surging demand for customized equipment are few of the other major factors expected to boost demand for construction equipment in India in the coming years.
bauma CONEXPO INDIA 2018 will discuss various challenges of the CE industry and deliberate on the solutions and opportunities provided by the Indian market to the CE industry. The trade fair will also discussthe latest technologies and the upcoming trends in the industry through panel discussions, informative sessions and seminars.
The trade fair will bring together around 700 Indian and global suppliers, manufacturers, importers, dealers, influencers, service providers, catering to various segments of the Construction Equipment industry and also provide a professional platform for networking, investment and exchange of ideas.
The fourth edition of the trade fair saw participation of 32,644 participants and 647 exhibitors from 30 countries which occupied a total of 150,000 square meters of space. bauma CONEXPO INDIA 2018 is expecting over 40,000 participants from 30 countries with exhibition space of 195,000 square meters.
The Buyer – Seller Program will be debuting at bauma CONEXPO INDIA 2018. It will help with potential matchmaking of the exhibitors and the visitors. The DEMO Area will provide a platform to demonstrate the performance of exhibitors’ machinery and equipment live at the show.
Mr. Bhupinder Singh, CEO of bC Expo India said, “The Indian construction equipment segment, due to investment in the infrastructure, construction and mining sector has become one of the fastest growing segments of the country. bauma CONEXPO INDIA has become the industry’s key meeting point in India in recent years. There is a positive trend in all sectors of the construction machinery industry in India for the years to come and we are expecting this good development on the Indian market being reflected at the trade fair.