THE GREAT CONVERGENCE
Construction Week|January 2024
Excon 2023 had all the hallmarks of success for the infrastructure industry with modern and new-age equipment on display
THE GREAT CONVERGENCE

Excon 2023, the five-day construction equipment exposition, had participation from 15 countries, over 1,000 exhibitors, including 100 from overseas. Union Minister for Road Transport and Highways Nitin Gadkari inaugurated CII Excon -South Asia's largest construction equipment trade fair at the Bangalore International Exhibition Centre (BIEC) in Bengaluru.

India's construction sector, currently ranking the world's third largest, has the potential to propel it to the top spot in the next five years, said Gadkari.

He said that the construction sector would have a significant contribution to make India a carbon neutral economy.

To achieve this goal, the government was embarking on major infrastructure and industrial projects that implement sustainable fuels.

"Construction and mining operations consume 400 crore litres of diesel, which is quite detrimental to the environment and the economy. By embracing alternative fuels such as ethanol, methanol, and hydrogen, the construction and mining sectors can effectively reduce emissions. Precast concrete emerges as a commendable substitute for traditional concrete," he added.

Chandrajit Banerjee, CII director general, said: "India exported construction equipment to 140 countries. To enhance sustainability and efficiency, private players in the construction sector should focus on automation, adopt advanced technologies and global best practices, increase the use of alternative fuels, and adopt innovative ways to convert waste materials to raw materials for construction projects. " Vijaykrishnan Venkatesan, chairman, CII Karnataka, highlighted Karnataka's emergence as a vibrant manufacturing hub, showcasing the state's manufacturing potential through the large presence of OEMs and components industries at Excon.

Denne historien er fra January 2024-utgaven av Construction Week.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 2024-utgaven av Construction Week.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA CONSTRUCTION WEEKSe alt
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Construction Week

HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
4 mins  |
October 2024
INDIAN REAL ESTATE SET FOR BREAKTHROUGH: 16% GROWTH TO PROPEL MARKET TO $10 TRILLION BY 2047: COLLIERS-CREDAI REPORT
Construction Week

INDIAN REAL ESTATE SET FOR BREAKTHROUGH: 16% GROWTH TO PROPEL MARKET TO $10 TRILLION BY 2047: COLLIERS-CREDAI REPORT

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
5 mins  |
October 2024
GAUR NYC RESIDENCES
Construction Week

GAUR NYC RESIDENCES

Group's third ultra-luxury project

time-read
2 mins  |
October 2024
HIRANANDANI WOODSPRING
Construction Week

HIRANANDANI WOODSPRING

Hiranandani Woodspring by House of Hiranandani, located along the Bhiwandi-Kalyan corridor is spread across 4.5 acres. The premium residential complex is set to change the skylines of Kalyan with its neoclassical and meticulously crafted towers of 25-28 storeys.

time-read
1 min  |
October 2024
OPENING DOORS TO THE WORLD
Construction Week

OPENING DOORS TO THE WORLD

Aluk India opened its Home Experience Centre in Bangalore. It will offer partners and customers an insight into fascinating and unique products

time-read
4 mins  |
October 2024
OVER THE TOP
Construction Week

OVER THE TOP

Building bridges and flyovers that last decades is easy, if you follow stringent principles

time-read
4 mins  |
October 2024
RIGHT FROM UNDER
Construction Week

RIGHT FROM UNDER

When it comes to CE, excavators beat others hands down

time-read
7 mins  |
October 2024
THE POWER OF PERSISTENCE
Construction Week

THE POWER OF PERSISTENCE

Amit Jain, chairman & managing director, Arkade Developers, joined his father's real estate A pretty early on in his career. While his father entered the world of real estate in 1985-86 with single stand-alone buildings, Amit quickly learnt the ropes and joined his father after completing his graduation from Mithibai College.

time-read
6 mins  |
October 2024
SUSHMA GROUP ACQUIRES 59-ACRE LAND PARCEL
Construction Week

SUSHMA GROUP ACQUIRES 59-ACRE LAND PARCEL

The focus is on sustainable development and modern urban planning

time-read
1 min  |
October 2024
TREVOC GROUP SETS RS 1000 CRORE TARGET
Construction Week

TREVOC GROUP SETS RS 1000 CRORE TARGET

This project offers more than just luxury amenities

time-read
1 min  |
October 2024