With the launch of four new products, global heavy machinery equipment maker Caterpillar aims to deepen its presence in infrastructure, mining and energy sector in India with innovative and cutting-edge technology.
Held from December 12-16, the expo spread across 250,000 sq m housing 925 exhibitors including 275 companies from across the globe. CW gives a sneak peek into the look and feel of the 9th edition of the expo in Bengaluru in 2017.
With the launch of the Phase-1 of Bharatmala nearing, Escorts has a range of products to offer the road building sector. Rajinder Raina, General Manager-Strategy & Business Development,Escorts Construction Equipment, shares more on the role of vendors and dealers with CW.
The industry is upbeat about the growth prospects with the government recently announcing several initiatives such as the Bharatmala project to construct over 83,000 km with an investment outlay of Rs 7 lakh crore in the next five years, says Nitin Lall, General Manager, Atlas Copco (India), Power Technique Customer Center.
Volvo CE has a long history in India v the company's factory in Bengaluru will soon be celebrating 40 years of production. (We have a large and experienced team at Volvo CE that understands the market and the needs of our customers, says Dimitrov Krishnan, Vice President and Head, Volvo CE India.
GST rate reduction from 28 per cent to 18 per cent has provided a breather to the construction equipment industry. Although 15 per cent of items would still be at 28 per cent, the major grouse has been addressed.