SOUTHEAST ASIA CONSTRUCTION04 Mar 2020
bauma Conexpo India ‘can benefit from recovering market’
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The organisers of bauma Conexpo India - bC Expo India Pvt Ltd, Messe München GmbH, and AEM (Association of Equipment Manufacturers) - recently announced that preparations for the show are progressing well, and it is set to take place from 3 to 6 November 2020 in Gurgaon, New Delhi.

Instead of mid-December as in the previous editions, this year for the first time the show will be held at the beginning of November. The organisers hope the new date will result in better participation.

The last edition of bauma Conexpo India in 2018 attracted 668 exhibitors from 26 countries and 39,173 visitors from India and neighbouring states. This year, around 700 national and international companies are expected to attend the show, which covers 195,000 sq m of exhibition space.

The Indian market seems to be slowly recovering. Based on the government announcements and expert forecasts, bauma Conexpo India will encounter a generally favourable market environment at the end of the year. After a difficult year in 2019, when sales of construction and building material machinery fell to 80,000 units, management consultancy Off Highway Research anticipates a significant upturn in the coming years: machine sales are expected to increase to up to 120,000 units by 2023. India’s role as a regional export hub is also of great importance in this context.

According to recent statements by Nitin Gadkari, India’s Minister of Road Transport and Highways, the country plans to make massive investments (totalling US$1.4 billion) in infrastructure measures again in the coming years. The money is to be used primarily for the construction of roads and waterways as well as airports, ports and smart city projects. As a result, construction equipment sales are projected to increase by up to 40%.

bauma Conexpo India could also benefit from a recovering Indian construction industry that is slowly picking up speed. Bhupinder Singh, CEO of bC Expo India Pvt Ltd said, “The Government has several projects that are underway, and these planned projects will help create a surge in the heavy construction equipment market.

“With bauma’s strong global presence, our joint organiser AEM and resilient support from associations like ICEMA, BAI and other industry bodies, we are certain that we will build an engaging, meaningful and highly focused business platform for our stakeholders from the infrastructure and construction equipment sector.”

Riccardo Viaggi, secretary general of CECE (Committee of European Construction Equipment) also encourages his members to use bauma Conexpo India to take the step to India. “bauma Conexpo India - as part of CECE’s International Exhibition Partnership Programme - is of great importance for CECE members. The trade fair offers a unique opportunity to connect European companies to the Indian market and vice versa. Indeed, CECE member companies see India as a great opportunity in terms of increased sales, also thanks to the continued investment in infrastructure at state and federal levels.”

Interested companies can register online until 30 April 2020: www.bcindia.com