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Indian Construction Festival 2018

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The festival, organised by FIRST Construction Council, in New Delhi from October 24-25, successfully brought together the government and the private sector to chart a forward path for India’s construction and infrastructure agenda.

It all began 10-11 months ago, when infrastructure think tank FIRST Construction Council approached the Ministry of Commerce, Government of India. The council’s premise was loud and clear: A $170-billion opportunity is moving to Asia and India stands poised to capitalise on it with its engineering talent pool, software capabilities, infrastructure, and the ability to scale up the value chain. The need of the hour was equally clear: A much simpler environment for companies to set up their base and operate in India. What began as a discussion, evolved into a blockbuster event in New Delhi – the India Construction Festival 2018 (ICF 2018).

Indeed, the festival celebrated opportunities, recognised excellence and brought the gamut of the global and national building, construction and infrastructure fraternity together. Held in association with the world’s oldest and largest circulated New York-based ENGINEERING NEWS-RECORD (ENR) magazine, the event was supported by the Ministry of Commerce, and Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, graced the event as Chief Guest. Other supporters of the event included the Engineering Export Promotion Council, US India Business Council, Builder Association of India and National Highway Builder Federation.

The agenda
Day 1 started with the India Roads Conference, followed by the 16th CONSTRUCTION WORLD Global Awards, while Day 2 kicked off with the CONSTRUCTION WORLD

Leadership
Summit and concluded with the 6th Annual Equipment India Awards. And, there was much more to the two-day construction carnival. FIRST Construction Council launched its first ever exclusive report on the failure of TMT rebars; Suresh Prabhu launched the CONSTRUCTION WORLD and INFRASTRUCTURE TODAY Anniversary Editions; Graham Robbinson, Economist and Executive Director, Global Perspectives, spoke on ‘Construction Trends 2030’ and the critical role India has to play; and there was an exclusive project presentation on the Statue of Unity, the world’s tallest statue of Sardar Vallabhai Patel being unveiled by the Prime Minister.

Welcoming an audience of over 700 at the festival, Pratap Padode, Founder & President, FIRST Construction Council, said: ‘Haphazard growth has cost us dearly and the investments we are really talking about are humongous. There is no point in wasting them and realising five years down the line what we should have done otherwise. Be it design, building material or engineering, it is better to deliberate, plan, design, and then do what we need to do.’

In her address, Janice Tuchman, Editor-in-Chief, ENR, said, ‘It is amazing to see you all (the audience) out there and have this great brain thrust coming to talk about construction. I am excited to be collaborating with FIRST Construction Council and its aim to introduce some of the best practices in the construction sector in India.’

For his part, Scott Seltz, Publisher, ENR, said, ‘We are honoured to be here and support the India Construction Festival 2018. Our mission at ENR is to be the resource for the engineering and construction industries by providing our services to engineering and construction professionals like you. Being our first visit to India, we have seen the country’s rich history of engineering and building wonders. In years to come, India will create and produce infrastructure projects that will have a tremendous impact on its culture, economy and society.’

Across the board, industry sentiments were more positive than ever and there was a palpable emotion: Hope. Held amid an august gathering of top government officials, policymakers and regulators, captains of the construction industry as well as analysts and finance bigwigs from India and business delegations from overseas, ICF was the perfect networking ground for the who’s who of the construction fraternity.

EXCLUSIVE REPORT!!!
Reality Check: Quality of TMT Rebars

While addressing the vast gathering at the India Construction Festival, Pratap Padode, Founder & President, FIRST Construction Council, launched the council’s exclusive first-of-its-kind study and analysis on TMT rebars. Sixty-six TMT rebar samples manufactured by 26 brands were sent to be tested for impurities. The results were alarming: Over 50 per cent of TMT rebars advertised on national TV failed the test as they were inferior and will invite structural damage earlier than later. ‘The test result indicates that if 70 per cent of the material getting into roads and building construction is of inferior quality, our future is definitely at stake,’ said Padode.

Considering the current focus and opportunity
in India’s infra plan, this begs the question:
Is the country’s Rs 5.7 trillion infrastructure at risk? Download the full report from www.firstconstructioncouncil.com/report.php)

‘The construction industry will demand quality infrastructure with least cost and time.’
– Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation, GoI
‘The Indian economy, which is the fastest growing economy, is marching towards higher and better growth. A glimpse of the near future promises the possibility of anything and everything with the help of new technology, with least investment and people benefitting from it at large.

The growth of the country’s economy lies in infrastructure projects, such as providing houses, building roads, laying new tracks, etc. Therefore, the construction sector will be playing an important role in India’s growing economy. Despite the availability of technology, all construction projects are labour-intensive; hence, they will generate huge employment opportunities throughout the country.

In days to come, one will observe that quality infrastructure, constructing projects with the least time and cost and best quality, will be the new demand of the construction industry. In that context, I congratulate Pratap Padode for bringing us under one roof and deliberating upon many issues related to the growth of this industry. In days to come, this will help the growth of the industry in an organised manner, where key inputs will come from the industry itself.

I am glad that this particular conclave took place and I look forward to all of you succeeding in your business endeavours and making Indian infrastructure better.’

‘Andhra Pradesh plans to be India’s topmost investment destination by 2050.’
– Bhavna Saxena, Special Commissioner, Andhra Pradesh Economic Development Board

‘The focus is to transform the state into a happy, inclusive and innovation-driven society. The current growth rate of Andhra Pradesh is 11.22 per cent, which is far ahead of the national average of 7.52 per cent. We have consistently been moving up on the growth chart. Therefore, there is economic stability in the state.

There is 10 per cent growth equally across the agricultural, manufacturing and services sectors, generating balanced economic development and integration of policies. Besides, there is a targetted increase in urbanisation – from 35 per cent to 50 per cent in the coming years, which is of interest to the construction industry. Andhra Pradesh has been ranked No. 1 in ease of doing business by the World Bank as well as the Government of India two years in a row. All approvals take place within 21 days; this is the bedrock of the investment-friendliness of the state. To date, 31,423 have been granted; in the past six months, compliance was 99 per cent and in the past two months, it was 100 per cent.

In Amaravati, we have real-time governance and a command centre, where all department updates and approvals are done on a real-time basis; this is monitored by the chief minister. This shows a high level of accountability.

Andhra Pradesh plans to be the topmost investment destination in the country by 2050. The vision document has been approved and plans are in place. The opportunities in the coming years will be the greenfield city of Amaravati, the Polavaram project, six new proposed airports and eight new proposed ports.’

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Concrete

15th Cement EXPO: A Step Forward in Cement Innovation

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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

15th 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

Mob: +91 842 2874 021

Email: ratan.r@ASAPPinfoGlobal.com

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Concrete

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

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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.

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Concrete

SANY India expands Pune factory to boost production capacity

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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.

 

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