6th Annual EQUIPMENT INDIA Awards and Global Leaders Forum

The glittering ceremony awarded 13 winners from the equipment industry. Special Guest Bhavna Saxena, Special Commissioner, Economic Development Board, Andhra Pradesh, praised all the winners for their efforts and hard work in achieving newer heights in their respective segments. In an opening note, Pratap Padode, Founder & President, FIRST Construction Council, said, (Sales of construction units are expected to rise from 76,000 units in 2018 to 120,000 units by 2021, taking the $5 billion industry to well above $9 billion. Deepak Garg, Director and CEO, SANY Heavy Industry India, received the EQUIPMENT INDIA Person of the Year 2018 trophy. He said, (I am thankful to our customers to have trust and confidence in our brand and products.÷ (more on page 176) The eminent jury comprised SP Rajan, Head-Plant & Equipment, L&T Construction; Neerav Parmar, VP, Shapoorji Pallonji Real Estate; Rajesh Nath, MD, VDMA India; Samir Bansal, GM-India, Off-Highway Research; Sameer Malhotra, CEO, Shriram Automall India; Farid Ahmed, DGM Marketing-Asia Pacific, Middle East, Africa, Apollo Tyres; and Kennady V Kaippally, Country Manager-BU Mobile and Wind Solutions, Bonfiglioli Transmissions. WINNERS: THE BESTSELLERS CASE India in Compactors JCB India in Backhoe Loaders Action Construction Equipment in Mobile Cranes BEML in Crawler Dozers and Rigid Dump Trucks Caterpillar India in Wheeled Loaders and Motor Graders Doosan Bobcat India in Skid-steer Loaders Ammann India in Asphalt Finishers Tata Hitachi Construction Machinery Co in Crawler Excavators and Mini Excavators Atlas Copco in Mobile Compressors KEY TAKEAWAYS There is shift in global economic power. It can be seen that there is a growing nationalistic and protectionism tendencies across the globe. Due to lack of opportunities in India 2012 onwards, many companies ventured in to the Gulf countries as a part of their strategy. While venturing into foreign markets, companies must take into consideration country-wise risk analysis. Companies have now started strategising their hiring requirements. KEY TAKEAWAYS A tribute to the statesman of the country who integrated 565 princely states into one Nation. 182-m-tall Statue on Sadhu island. 210,000 cu m concrete; 70,000 MT cement; 18,500 MT reinforced steel; 6,500 MT structural steel used for the project. PARTNERS Title Partner: Apollo Tyres State Partner: Andhra Pradesh Economic Development Board See project video at: https://bit.ly/2PxzHmH