Bauma CONEXPO India is going to organise an International Trade Fair for Construction machinery, Building material machines, Mining machines and Construction vehicles from December 12 to 15, 2016 at Huda ground in Gurgaon in NCR region. This is the fourth time this international trade fair for construction machinery is being organised in the country.
As India is one of the major market for construction equipment in the world and expected to be double market size of USD 5 billion by 2019-20 as per the estimate of industry body Indian Construction Equipment Manufacturers’ Association (ICEMA), have encouraged companies from China, Germany, Britain, Italy, North and South America, Spain and other to register themselves to showcase their different types of construction and mining machines at trade fair. It would help them to spread its wing in the country and to attract Indian customers with their latest technology.
Mr. Igor Palka, CEO of Bauma CONEXPO India said, “We have registrations from big names like ACE, Ajax Fiori, Ammann Apollo, ASTEC, BAUER, BKT, Columbia Machines, Haulotte, Herrenknecht, Hyundai, Kobelco, KYB Conmat, Liebherr, Linnhoff, Liugong, Macons, MAN, Marini, Masa, Potain, Puzzolana, Sany, Schwing Stetter, Soilmec, Topwerk, Wacker Neuson, Volvo or Wirtgen, That’s a pretty impressive cross-section of the industry.”
As per the release shared by bC India, analysts expect that more than 46,000 units could be sold in India this year, after some 39,000 units sold in 2015. According to Off-Highway Research, the Indian market could account for more than 80,000 sold construction machines in the year 2019.
Based on the forecasts, nearly all types of equipment will profit from this growth, although six types of machines will continue to dominate the market: backhoe loaders, crawler excavators, mobile cranes, mobile compressors, compactors and wheel loaders. However, machines that could only be sold in smaller quantities in India in the past—such as mini-excavators, all-terrain forklifts and compact loaders will also account for a larger share of the market.
This attractive market and optimistic future outlook are encouraging these international CE companies to unveil their construction equipment in this trade fair being held in the country for Indian customers.
The trade fair is an excellent opportunity to observe the emerging Indian construction equipment market, meeting high-quality visitors and exhibitors and which will help to generate new business in the country.
The exhibition is open to industry professionals by registration only and admission is free upon online registration. The organiser has developed a BAUMA CONEXPO INDIA app to provide information regarding opening hours, joint pavilions and the venue of the exhibition. Visitors can also visit the trade fair through on-site registration.
While talking about the trade fair, Mr. Dimitrov Krishnan, Vice President-Sales and Marketing of Volvo CE India said “We are looking forward to BAUMA CONEXPO INDIA 2016 and are expecting a number of visitors to our booth from North India, which has been an area of focus for the government, and where infrastructure development is expected to pick up even further in the coming months.”
Mr. Ashok Tanna, Managing Director at Linnhoff India Pvt Ltd shared his previous experience of BAUMA CONEXPO India held in the country last time, he said, “We secured a lot of orders after the last BAUMA CONEXPO INDIA. North India is one of the prime zones brimming with road development and infrastructure projects and we look forward to providing our clients’ technology based solutions. Hence we have decided to increase our stall space to showcase these new technologies to our customers.”
Last time when Bauma CONEXPO held in India in 2014 the event had attracted 635 exhibitors from 25 countries and around 26,000 trade visitors from 54 countries.
To get the further detail about this International trade fair, one can log on to http://www.bcindia.com
Source: Information has been obtained from bC India, ICEMA, Off-Highway Research