Excon 2019 concludes on a positive note; showcases tech prowess
Epc World|January 2020
Keeping with its mission of not only providing a platform to showcase the best in construction equipment but also bringing together all the stakeholders of construction equipment industry, the five-day exhibition did not disappoint. There were plenty of future ready construction equipment & technology and networking with the end user
Excon 2019 concludes on a positive note; showcases tech prowess
We were bit sceptic. The economic downtrend is in full swing and it has affected the automobile industry the most. The ripple effect of downtrend in the automobile sector has started to percolate the construction equipment sector. The NBFC crisis has further aggravated the woes of automobile and construction equipment manufacturers with sales plunging to all time low.

Infrastructure, especially roads and highways and realty sector has hit a nadir and sales of construction equipment has decline drastically. A few of the leading players has already pulled out from the exhibition and a few were yet to bookstalls. In these circumstances we were not that optimistic. For the past 10 years it has been our, sort of, bi-annual pilgrimage to Excon exhibition and this time too we did not want to miss the bus. Err flight! The last Excon was super success and it has rained in revenue not only for us, but for the entire fraternity; trickling down to the entire value chain of construction equipment industry.

We landed at the venue the Bangalore International Exhibition Centre (BIEC) and Excon 2019, the Largest Construction Equipment Event in South Asia, did not disappoint us. Long before, we alighted from the chauffeur-driven car, from a distance of more than 5-kilometers we could see the spectacular line up of tower cranes, concrete batching plants, piling machines, hoisting machineries, boom pumps, crawler cranes, flags of leading construction equipment companies and as the distance got closer to the venue we could view the full spectrum of construction equipments – all types of excavators, the bull dozers, the compactors, various types of cranes for various applications, skid loaders, graders, crawlers, dozers, compactors, cold milling machines, wheel loaders, pavers, truck cranes, concrete mixers, shotcrete pumps, stationery pumps, drilling machines, among others.

This story is from the January 2020 edition of Epc World.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the January 2020 edition of Epc World.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM EPC WORLDView All
Epc World

Budget 2020: A Mixed Bag of Hits & Misses

While the Union Budget has brought in several reasons for India’s infrastructure and construction industry to cheer and applaud, voices from the market draw out mixed sentiments from the stakeholders. Veena Kurup writes…

time-read
7 mins  |
February 2020
Epc World

Tepid Demand: Awaiting Projects Execution

The industry has a tepid demand in 2019. However, towards the end of the year there were signs of revival and the industry is hopeful to clock 8-10 percent growth in FY2020-21. But, it all depends on how sooner the government’s projects are put on track.

time-read
8 mins  |
February 2020
We have lined up few capexes, the payback period are quite attractive
Epc World

We have lined up few capexes, the payback period are quite attractive

In FY19, our Satna cluster’s utilization levels were at 90 percent, says VIJAY AGGARWAL, Managing Director, Prism Johnson

time-read
5 mins  |
February 2020
Ready for Future: India's warehousing sector
Epc World

Ready for Future: India's warehousing sector

The warehousing sector in India is at the threshold of a new era. From simple godowns and sheds it is evolving into an organised sector with highly automated warehouse mechanism catering to the distinctive needs of each industry.

time-read
4 mins  |
February 2020
Policy and regulatory push needed for logistics sector
Epc World

Policy and regulatory push needed for logistics sector

After entering the spotlight in 2018, the logistics and warehousing sector had an average 2019 due to the overall economic slowdown and global headwinds.

time-read
5 mins  |
February 2020
Over the next decade, business opportunities in logistics and industrial parks are going to be robust  - Dr. Niranjan Hiranandani CMD, Hiranandani Communities
Epc World

Over the next decade, business opportunities in logistics and industrial parks are going to be robust - Dr. Niranjan Hiranandani CMD, Hiranandani Communities

As India’s new-age economy – including e-commerce and organized retail - morph into the larger quantum of growth, in sync with the same, we have seen commercial real estate throw up some surprises.

time-read
2 mins  |
February 2020
Epc World

Green Cement: A Step Closure to Sustainable Construction Green Cement

Cement is a strong binding agent or adhesive, which serves as the primary ingredient in concrete.

time-read
4 mins  |
February 2020
High-performance High-Speed Doors
Epc World

High-performance High-Speed Doors

High Performance Doors are automatic doors used for fast access between internal and external areas of buildings.

time-read
2 mins  |
February 2020
Komatsu, L&T and Scania reaffirm commitment to the CE Industry
Epc World

Komatsu, L&T and Scania reaffirm commitment to the CE Industry

Komatsu, Scania and L&T Construction Equipment (LTCEL) have put up a panoramic display of 19 machines, making it one of the most comprehensive displays of Construction, Earthmoving and Road Machinery.

time-read
1 min  |
February 2020
Epc World

Addressing the Warehousing & Logistics Woes

Budget 2020 gave the warehousing and logistics sector the much-needed oxygen through monetary support and supportive policy measures, explores EPC World

time-read
7 mins  |
February 2020