Economy & Market

Record demand @ Bauma 2016

Published

9 years ago

July 4, 2016

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With 3,423 exhibitors from 58 countries, and around 580,000 visitors from 200 countries, the expo recorded order activity higher than expected this year.
Organised in Munich from April 11-17, Bauma 2016 was a seven-day show of superlatives. After Germany, the top 10 countries of origin among the visitors were Austria, Switzerland, Italy, France, the Netherlands, the UK, Sweden, the Russian Federation, Poland and the Czech Republic. A total of 3,423 exhibitors – 1,263 from Germany and 2,160 from abroad – from 58 countries presented their products, developments and innovations on a record 605,000 sq m of exhibition space. Exhibitors from outside Germany accounted for 63 per cent of the total, higher than ever before.

The India Day Seminar, held on April 12 also received an encouraging response. At the event, M Sevala Naik, Consul General India at Munich, said, ?We are working closely with VDMA and invite any of the exhibitors to come to our country and Create in India.? Anand Sundaresan, President, iCEMA, emphasised on manufacturing of components in India and introduction of smaller-sized construction equipment in the country.

Boosting growth
Not surprisingly, Klaus Dittrich, Chairman & CEO, Messe M?nchen, was delighted: "The response from the participants this year has been amazing. The visitors at Bauma always come looking to invest, but this year the exhibitors? order books filled up much faster than expected.? Johann Sailer, Chairman, VDMA (Association for Construction Machinery and Building Material Machines), agreed: "Bauma is the ideal platform for presenting innovative new developments because it has a big impact on the industry around the world.?

Stefan Heissler, member of the Board of Directors, Liebherr-International AG, confirmed: "Bauma 2016 was a tremendous success for Liebherr. In some segments, our expectations were even exceeded." Michael Heidemann, Vice Chairman-Management Board, Zeppelin, noted, "Bauma 2016 has once again shown everyone that it does indeed boost innovation, and has lived up to its reputation of being the leading trade fair."

J?rgen Wirtgen and Stefan Wirtgen, Managing Partners, Wirtgen Group, agreed with this assessment: "Bauma as the leading trade fair has always been a kind of barometer for the industry. The mining section at Bauma also received a positive response, as Erwin Schneller, Managing Director, SBM Minerals, said: "Bauma is international. My personal highlight was that we signed up some unexpected sales at the show."

High-quality trade visitors
Alexander Schw?rer, Managing Director, Peri, agreed: "For us, Bauma 2016 was a tremendous success. We are satisfied with the response and high quality of trade visitors." Also impressed was Frank W Reschke, Sales Director and Member of the Management Board, Masa: "Right from day one, we were welcoming a constant stream of guests from all over the world at our booth. "

Top platform for showcasing innovations
For exhibiting companies, this event is the No 1 platform to premiere innovations to the trade audience worldwide. John L Garrison, CEO & President, Terex Corporation, emphasised: "Every three years, Bauma offers us the unique opportunity to meet customers from around the world. As the largest trade show in our industry, it is a good opportunity to showcase new products and services."

Concrete

15th Cement EXPO: A Step Forward in Cement Innovation

Published

3 weeks ago

January 17, 2025

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Mumbai

Following the immense success of the 14th Cement EXPO, held on December 14-15, 2023, at the Manekshaw Centre, New Delhi, the next edition of this premier event is set to take place in March 2025. The 15th Cement EXPO will be hosted at Yashobhoomi, Delhi, on 12th and 13th November 2025.

Meanwhile, the Cement Expo Forum 2025 is scheduled for 5th and 6th March 2025 at Taj Krishna in Hyderabad. This exciting 3-in-1 event, organised by FIRST Construction Council (FCC) and Indian Cement Review (ICR), will bring together industry leaders, innovators, and stakeholders to discuss the future of the cement sector.

Building on the Success of the 14th Cement EXPO

The 14th Cement EXPO was widely praised for its strong participation, attracting over 1,500 senior managers and decision-makers from across the cement industry. The event was inaugurated by Dr. Vibha Dhawan, Director General of TERI, and Ali Emir Adiguzel, Founder and Director of the World Cement Association, alongside Pratap Padode, Founder of FIRST Construction Council (FCC). The two-tiered exhibition space featured cutting-edge products and innovations from top companies within the cement industry’s supply chain.

The event also garnered significant support from key government bodies, including the Ministry of Road Transport and Highways, Government e-Marketplace (GeM), and the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI).

Recognition and Excellence in the Cement Industry

The 7th Indian Cement Review Awards celebrated excellence by presenting awards to 11 companies in various categories, recognising their contributions to growth and innovation within the industry. Notably, Parth Jindal, Managing Director of JSW Cement, was honoured with the prestigious Indian Cement Review – Person of the Year Award 2023. Meanwhile, Vinita Singhania, Vice Chairman and Managing Director of JK Lakshmi Cement Ltd, received the Lifetime Achievement Award for her outstanding leadership and contributions to the sector.

A Vision for Sustainability

With the theme of “Driving Sustainability Through Technology,” the 9th Indian Cement Review Conference hosted thought-provoking discussions and presentations, highlighting the industry’s commitment to adopting innovative, sustainable practices. The conference served as a platform for dialogue on the latest technological advancements aimed at transforming the cement sector, addressing key challenges, and fostering growth.

What to Expect from Cement EXPO 2025

The 15th Cement EXPO, along with the 10th Indian Cement Review Conference and the 8th Indian Cement Review Awards, is set to be even bigger and more impactful than the 2023 edition. With an expanded exhibition space, greater participation, and more in-depth discussions, the 2025 event will continue to drive the industry forward. This 3-in-1 event promises to be a pivotal moment in the ongoing transformation of the cement sector.

As the industry evolves, the 15th Cement EXPO 2025 will serve as a crucial platform for showcasing innovations, discussing emerging trends, and forging new partnerships to shape the future of cement and construction.

For more details:

Cement Expo Forum 2025: https://cementexpo.in/forum

15^th Cement Expo 2025: https://cementexpo.in/

FOR CONFERENCE SPONSORSHIPS

Sheetal Talreja

Mob: +91 842 2874 030

Email: sheetal@IndianCementReview.com

FOR EXHIBITION/SPONSORSHIPS

Sujoy Gomes

Mob: +91 865 7795 881

Email: Sujoy.g@ASAPPinfoGlobal.com

FOR SPONSORSHIPS

Ratan Rajbhar

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Concrete

Construction sector growth slows to 8-10% for FY2025: ICRA

Published

3 weeks ago

January 15, 2025

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The revenue growth for construction companies in FY2025 is projected at 8-10 per cent, down from the earlier estimate of 12-15 per cent, according to ICRA. This marks the slowest growth in three years, driven by factors such as the Model Code of Conduct in Q1, prolonged monsoons, and milestone-based billing in Q2, particularly affecting road-focused players.
ICRA’s analysis of 19 companies with a combined turnover of Rs.1.28 trillion in FY2024 shows modest revenue growth of 1.5 per cent YoY in H1 FY2025. While execution is expected to improve in H2, FY2025 growth remains below the historical CAGR of ~15 per cent (FY2018-FY2024).
Order inflows in urban transport, water and sewage projects are healthy, but road-focused entities face challenges due to muted inflows and high competition. Operating margins are projected to remain range-bound at 10.5-11 per cent, with debt levels rising to manage working capital needs, though debt coverage metrics remain stable.

Concrete

SANY India expands Pune factory to boost production capacity

Published

3 weeks ago

January 15, 2025

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SANY India inaugurated a cutting-edge factory expansion at its 90-acre Pune facility, elevating its production capacity to over 14,000 units annually, alongside a robust fabrication capacity of 100,000 metric tonnes.

The advanced facility reinforces SANY’s commitment to ‘Make in India’ by enhancing localised manufacturing and supporting global exports. Chairman Xiang Wenbo highlighted the strategic importance of India as a global hub, while Vice Chairman Deepak Garg emphasised the expansion’s role in driving innovation and infrastructure development. This investment enhances efficiency, reduces timelines, and strengthens SANY’s leadership in the construction equipment sector.