An extensive platform for the Indian construction equipment market slated for August 2021
Mumbai, September 16th, 2020:
Informa Markets, (formerly UBM India), India's leading B2B exhibition
organiser and K and D Communication Ltd. ( KDCL ) in a Joint Venture,
today unveiled a brand new Exhibition 'INFRACONEX' that will cater to the
Indian construction equipment sector. The three day Expo slated for 6th
- 8th August 2021 at Gandhinagar, Gujarat, will
focus on new launches, automation technology in construction, provide solutions
to the industry drivers and forecast the challenges of the India construction
equipment market through high content-driven conference, seminar & product
presentation. . The announcement was virtually marked by the presence of Shri
Satin Sachdeva-Founder President- Construction Equipment Rental Association
(CERA); Shri Arvind Patel Chairman Gujarat Contractors Association (GCA);
ShriSanket Shah- Hon. Secretary, GIHED CREDAI, Shri Yogesh Mudras, Managing
Director, Informa Markets in India and Shri Samir Kapoor- Head Projects -
KDCL at the Virtual Press Conference.
The country's economy and the construction industry both have
faced adversity following the COVID-19 enforced lockdown. These unprecedented
scale of events had forced the industry to come to a halt forcing the
migrant labour to return to their hometowns as private businesses had pessimistic
views and reduced spending. The timing of the expo is in sync with the
movements in the market especially in the current pandemic scenario where
industries are looking forward to revival. According to a recent research
report by GLEEDS, general sentiments in the market show the business to be
slowly picking up, however, Q4 2020 shows a poor to moderate returns and sense
of normalcy would be expected to return only in Q2 2021, provided the vaccine
is found and distributed in India by year-end 2020.
With the Government's mission of ATMANIRBHAR BHARAT and vision to increase
MSMEs contribution to India's GDP to over 50% from the current 29%, the event
will also facilitate the MSME companies with special pricing at the MSME
Pavilion and will allow meeting the policymakers & buyers. Apart from
providing ease of doing online business, the expo will act as a catalyst for
global networking with foreign manufactures.
Speaking at the virtual Press Meet of the unveiling of
INFRACONEX 2021, Mr. Yogesh Mudras, Managing Director, Informa Markets in India
said, "The Indian road infrastructure and highways construction
industry, including the equipment and materials, are the biggest component in
driving the economy and the second largest employer after agriculture. With the
government's projection of ₹111 trillion investments for 2020-25 to
develop social and economic infrastructure to boost the economic growth, allied
industries such as the construction equipment market will be augmented.
InfraConex aims to create an experience for all the industry
stakeholders such as construction equipment companies, distributors, policy
makers, government, financial institutions, associations, organizations,
forums, and alliances related to construction equipment market. The expo will
also help the MSME companies from the construction sector to connect with the
financial institutions to better understand the government policies of funding
MSME. This would be especially useful given that 30 % of equipment
manufacturers in India comprise Gujarat based MSMEs. Special products zone will
be created to display the innovative products manufactured by the MSMEs."
"We are extremely proud to partner with KDCL for InfraConex
that will support us with their worldwide networking, pre-emptive planning and
execution. With a strong base in the western region, our collaboration with
KDCL will raise the platform for the construction equipment sector. We look
forward to a prolific partnership with them." He further added.
The expo will be a catalyst in the growth of the construction
equipment market by creating meaningful interactions between various
stakeholders of the industry such as manufacturers, suppliers, distributors,
policymakers, investors, nodal agencies and associations. It will provide a
platform to showcase the path-breaking technologies, automation and solutions
for the industry to ascend to the next level. It will help industry
stakeholders explore the latest products and technologies and thereby help them
in CAPEX related decision making. The expo will also host a knowledge forum by
key influencers of the industry through conferences and seminars and will
facilitate mind-stimulating discussion on challenges and way forward for the
industry.
Infraconex is well received by associations such as Indian
Construction Equipment Manufactures Association-I-CEMA; Construction Equipment
Rental Association- CERA; Crane Owners Association Of India- (COAOI); Builders
Association Of India- BAI; Maharashtra Chamber Of Housing Industry- CREDAI-
MCHI; Confederation of Real Estate Developers' Associations of India (CREDAI);
CREDAI Gujarat; National Real Estate Development Council- NAREDCO; Tunneling
Association OF India- TAI; Gujarat Contractors Association; Ready Mix Concrete
Manufactures Association -RMCMA and Fluid Power Society Of India.
Exhibitors at the event will be from various industries related to construction
such as Earthmoving, Demolition & Transport Equipment; Roads, Ports &
Foundation Equipment, Building & Concrete Sector; Lifting, Handling &
Hydraulic; Automation & IT; and Safety Equipment. The first physical expo
of the construction industry after the COVID pandemic is likely to attract
Architects, Builders / Developers, Consultants, Contractors, Distributors
/Retailers, Large EPCs, Financial/Leasing Companies, Government Officials,
Industry Associations, Mining Companies, OEM Manufacturers, Oil Refineries,
Port Companies, Power Plants, Public-Sector Decision Makers, Rental Companies,
Safety Companies, and Spare Parts & Component Manufacturers.
About Informa Markets
Informa Markets creates platforms for industries and specialist
markets to trade, innovate and grow. Our portfolio is comprised of more than
550 international B2B events and brands in markets including Healthcare &
Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion &
Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among
others. We provide customers and partners around the globe with opportunities
to engage, experience and do business through face-to-face exhibitions,
specialist digital content and actionable data solutions. As the world's
leading exhibitions organiser, we bring a diverse range of specialist markets
to life, unlocking opportunities and helping them to thrive 365 days of the
year. For more information, please visit www.informamarkets.com
About Informa Markets and our business in India
Informa Markets is owned by Informa PLC, a leading B2B information
services group and the largest B2B Events organiser in the world. Informa
Markets in India (formerly UBM India) is India's leading exhibition organizer,
dedicated to help specialist markets and customer communities, domestically and
around the world to trade, innovate and grow through exhibitions, digital
content & services, and conferences & seminars. Every year, we hosts
over 25 large scale exhibitions, 40 conferences, along with industry awards and
trainings across the country; thereby enabling trade across multiple industry
verticals. In India, Informa Markets has offices across Mumbai, New Delhi,
Bangalore and Chennai. For further details, please visit - https://www.informamarkets.com/en/regions/asia/India.html
About KDCL
K and D Communication Ltd is a two decade old company having
experience in organizing industry specific exhibitions and summits. The first
ever group to have diverse verticals like ORGANISING, MANAGING and DEVELOPING.
KDCL represents the Indian Manufacturing Industry at a Global Level
through various Exhibitions like, ENGIMACH, INDIA MACHINE TOOLS SHOW, RAJKOT
& PUNE MACHINE TOOLS SHOW. It has been associated with various Ministries
and State Governments for organizing their exhibitions and conventions, like
INDIA SCIENCE CONGRESS, CREDIBLE CHATTISGARH, INDIA MOBILE CONGRESS, VIBRANT
GUJARAT GLOBAL TRADE SHOW, PLASTINDIA ETC. KDCL has taken a leap forward by
creating a Ultra-Modern, State of the Art exhibition centre in Gandhinagar,
Gujarat.
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