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Kamal Nath to inaugurate CII's Excon 2009 in Bangalore on 25th Nov |
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Written by Arjun
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Wednesday, 11 November 2009 |
Bangalore: Kamal Nath, Union Minister of Road, Transport & Highways, Government of India will inaugurate CII's Excon 2009 – the 5th International Construction Equipment and Construction Technology Trade Fair - at Bangalore International Exhibition Centre (BIEC) on 25th November 2009.
"with a participation of 425 companies including 135 from overseas, Excon is South Asia’s largest trade fair for construction equipment Industry," said Vipin Sondhi, Chairman, Excon 2009 and Managing Director & CEO, JCB India Ltd.
A Conference on "Construction Equipment Industry" will be organised on 26th November 2009 at the same venue. Vilasrao Deshmukh, Minister of Heavy Industries & Public Enterprises, is expected to deliver the Inaugural Address at the Conference. It will focus on the global construction equipment trends, challenges in implementation of large infrastructure projects and issues in financing of construction equipments.
The Government of India has estimated a planned investment of US $ 500 billion in infrastructure in the Eleventh Five Year Plan (2007-2012). The investment in the roads sector during the 11th plan is projected at US$ 93.11 billion. The roads and highways sector would require an investment of about US$ 12.36 billion in the next three years.
Mr Sondhi said that Excon would provide an excellent platform for global players in the construction equipment industry to tap the huge business opportunity in the infrastructure sector in view of the thrust focus accorded by the Government of India for the growth of infrastructure sector.
The exhibition is being held from November 25th – 29th, 2009
Excon will have participation of 425 companies spread over a display area of 1, 40,000 Sq. Mts besides country pavilions from UK, Germany, Italy and China. Over 30,000 business and trade visitors are expected to visit Excon from all over the country and from abroad. It will also have a helicopter service between Bangalore International Airport and the venue with an option for an aerial tour of Excon 2009. |