EXCON 2015, BIEC, Bengaluru , Karnataka, India
25 - 29 November 2015
Stand Number: Hall 3 - Middle Level - Stand 949
Investments in Infrastructure is key to India's sustained Growth and this has been the guiding principle behind all policy initiatives / interventions by the Government of India. The Planning Commission foresees India's Infrastructure spending to be in the range of US $ 1 Trillion for the 12th plan ( 2012-17).
Infrastructure investments are among the main growth drivers of the construction equipment industry. The Planning Commission of India estimates total infrastructure spending of about US$ 428 billion during the 11thFive Year Plan (2007-12) and foresee to double India's infrastructure investments to about US$ 1 trillion for the 12th Plan (2012-17). The Government of India has granted sops, including a large number of special economic zones (SEZs), to the capital goods industry of which construction equipment is a part; especially with an impetus to increase exports.