Equipment Industry to get boost with bC India 2013
bC India 2013, International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles takes place from 5 to 8 February, 2013 in Mumbai.
Bigger crowds and more exhibitors expected for bC India 2013
The second edition of the BAUMA CONEXPO SHOW is expected to host around 700 exhibitors and over 30,000 visitors. bC India 2013 will occupy 130,000sqm of exhibition space at the Bandra Kurla Complex, going up from 88,000sqm occupied during the last fair.
The Indian construction industry is highly fragmented. This is partially due to the fact that, for most projects, there are no long-term relationships between the contractors and clients and partially due to the fact that the sector in many cases lacks economies of scale. Thus, smaller players may have better cost structures due to lower overhead costs.
In the recent years, the country has witnessed massive investment in the construction industry from both public and private enterprises. Multi-billion dollar investments in constructing roads, ports and power plants, and developing telecommunication sector and urban infrastructure have paved the way for the construction equipment demand to grow phenomenally. Industry experts predict the market growing even faster for the coming years. From 2010 to 2020 it is estimated to grow six times to a size of US$25bn.
For more information visit: www.bcindia.com
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