CII EXCON aids India to be second largest global CE market by 2030

The Confederation of Indian Industry (CII) organized a road show in Bangalore, to announce EXCON 2023 South Asia’s largest construction equipment exhibition scheduled to be held from December 12-16 2023, at the Bangalore International Exhibition Centre, Bengaluru. The Government of Karnataka is the Host State for EXCON 2023.

The event witnessed the participation of industry leaders, senior government officials and stakeholders from the infrastructure and construction equipment sector.

EXCON is poised to propel India to become the second largest and fastest growing construction equipment market in the world by 2030. With a strong focus on policy reforms, India is currently undergoing a rapid and transformative expansion of its infrastructure, spurred by increased government spending on various infrastructure projects. All these positive measures would help India to achieve this great milestone.

The event will spread over 30 lakhs sq. ft of display area and is expected to attract over 1,200 exhibitors from India and abroad including countries like the USA, UK, France, Germany, Italy, UAE, South Korea, Singapore, Turkey, Sri Lanka, Romania and Czech Republic. The five-day exhibition would attract over 80,000 business visitors from all over the world including Sri Lankan companies.

Member, EXCON 2023 Steering Committee and Managing Director, Schwing Stetter (India) Pvt Ltd Sakthi Kumar VG, said; “We introduce the Twelfth Edition of EXCON, embracing the theme, ‘Building India’s Tomorrow.’ This theme encompasses the fundamental pillars of Technology, Globalization, Sustainability and Inclusivity. EXCON 2023 is far more than just an event; it serves as the driving force behind India’s unceasing progress.”

“It strives to embody our robust infrastructure development, solidifying India’s eminent position as a global hub for construction equipment manufacturing.”

India’s economic journey is intricately intertwined with the vitality of the infrastructure sector, an area that is receiving substantial attention from the government. In a resounding testament to this commitment, the government has allocated an impressive sum of Rs. 10 lakh crores, which is equivalent to a staggering US$ 130.57 billion, to fortify this domain.

EXCON 2023 boasts a multitude of highlights, including an exclusive focus on Alternate Fuels, AI Pavilion, Aatma Nirbhar Bharat, Skills, Women operating construction equipment and machinery, Conferences on Defence and Paramilitary, Green Construction focusing on Sustainability, AI & IOT and Automation in the Construction Engineering Sector, among others.

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