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
INFRA COMPANIES
Construction Week

INFRA COMPANIES

In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.

time-read
7 mins  |
November 2024
Global standards
Construction Week

Global standards

Glass Wall Systems has been revolutionising the facade industry

time-read
2 mins  |
November 2024
STRIKING THE PERFECT CHORD
Construction Week

STRIKING THE PERFECT CHORD

The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength

time-read
2 mins  |
November 2024
REAL ESTATE
Construction Week

REAL ESTATE

For the past six years, we have resorted to ranking Top 100 real estate and infra companies.

time-read
8 mins  |
November 2024
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Construction Week

THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES

Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends

time-read
3 mins  |
November 2024
DESIGN PAR EXCELLENCE
Construction Week

DESIGN PAR EXCELLENCE

Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay

time-read
3 mins  |
November 2024
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
Construction Week

dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA

dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.

time-read
2 mins  |
November 2024
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Construction Week

GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!

Will develop a group housing plot at Golf Course Road in Gurugram

time-read
1 min  |
November 2024
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
Construction Week

SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E

First phase comprises 2.1 million sq-ft

time-read
1 min  |
November 2024
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