Investments in Infrastructure is key to India's sustained Growth and
this has been the guiding principle behind all policy initiatives /
interventions by the Government of India. The Planning Commission
foresees India's Infrastructure spending to be in the range of US $ 1
Trillion for the 12th plan ( 2012-17).
Infrastructure investments are among the main growth drivers of the
construction equipment industry. The Planning Commission of India
estimates total infrastructure spending of about US$ 428 billion during
the 11th Five Year Plan (2007-12) and foresee to double India's
infrastructure investments to about US$ 1 trillion for the 12th Plan
(2012-17). The Government of India has granted sops, including a large
number of special economic zones (SEZs), to the capital goods industry
of which construction equipment is a part; especially with an impetus to
increase exports.
Confederation of Indian Industry (CII), India's Premier Industry
Association is organising Excon 2017 which is scheduled to be held
between 12th - 16th December 2017, Bengaluru, Karnataka, India.
Presently in its 9th Edition, the International Construction Equipment
and Technology Trade Fair is supported by the Indian Construction
Equipment Manufacturers Association (ICEMA) as Sector Partner for the
event.
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