[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-construction-equipment-industry-poised-for-15-percent-yoy-growth":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":167,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":173,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},708,"Construction Equipment Industry Poised for 15 percent YoY Growth","construction-equipment-industry-poised-for-15-percent-yoy-growth","Discover how EXCON 2023 is fueling India's 15% YoY growth in construction equipment. Join global industry leaders in Bengaluru for the latest tech innovations.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FCII.jpeg\" alt=\"\" width=\"295\" height=\"197\">Confederation of Indian Industry (CII) recently organized a city-based roadshow to announce EXCON 2023. This event witnessed the participation of leading names from the industry, Government, and stakeholders from the infrastructure and construction equipment sector. EXCON, South Asia’s largest exhibition for construction equipment, organized by CII, is scheduled to be held from December 12-16, 2023, at the Bangalore International Exhibition Centre in Bengaluru. The event will spread over 30 lakh sq ft of display area and is expected to attract over 1,200 exhibitors from India and abroad, including countries like Austria, China, Czech Republic, France, Germany, Italy, Romania, Russia, South Korea, Spain, Sri Lanka, Turkey, United Arab Emirates, United Kingdom, and United States of America.  The Government of Karnataka is the Host State for EXCON 2023.\u003C\u002Fp>\r\n\u003Cp>In 2023, the construction industry is on the cusp of a technological revolution, driven by several key innovations.  Generative AI, an advanced technology, is optimizing the design process, generating highly efficient and innovative designs. Technology plays a pivotal role in facilitating gradual expansion and improving efficiency in the sector. Moreover, the Construction Equipment industry is positioning itself for remarkable growth, targeting over 15 percent year-on-year increase in the next five years. This ambitious goal underscores their commitment to providing the cutting-edge machinery and equipment needed to support the industry’s transformation, ensuring that construction projects across the nation are not only innovative but also executed with enhanced efficiency and precision with a focus on sustainability.\u003C\u002Fp>\r\n\u003Cp>India’s economic progress is closely linked with the infrastructure sector’s vitality, which has garnered significant Government focus. Demonstrating a strong commitment to this cause, the Government has earmarked a substantial allocation of INR 10 lakh crore, equivalent to an impressive US$ 130.57 billion, to strengthen this sector. The Government has recognized the immense size and potential of technology within the construction landscape. As part of a technology sub-mission under PMAY-U, they have identified 54 innovative global technologies, heralding the dawn of a new era in the Indian construction technology sector. This initiative is expected to pave the way for a more inclusive roadmap for all stakeholders.\u003C\u002Fp>\r\n\u003Cp>EXCON 2023 boasts a multitude of highlights, including an exclusive focus on Alternate Fuels, AI Pavilion, Aatma Nirbhar Bharat, Skills, Women operating construction equipment and machinery, Conferences on Defence & Paramilitary, Green Construction focusing on Sustainability, AI & IOT, and Automation in the Construction Engineering Sector, among others. It goes beyond being a mere event; it serves as a dynamic catalyst driving India towards continuous progress. Its mission is to epitomize the sector’s robust infrastructure development, solidifying India’s prominent global position in the construction equipment manufacturing sector.\u003C\u002Fp>\r\n\u003Cp>EXCON serves as a dual-purpose platform, offering opportunities for both marketing and education to all stakeholders. Government officials and senior bureaucrats have leveraged it as an educational forum for multiple departments, including Public Works Departments (PWDs) and Civil Engineering Departments, private contractors, builders, road and infrastructure developers, smart city and urban planning experts, the army, and Border Roads Organizations. This platform enables them to observe the latest displays of technology, equipment, and machinery, facilitating the nation’s accelerated infrastructure development requirements.\u003C\u002Fp>\r\n\u003Cp>The event will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies. Of utmost significance, these exhibitors will present economical solutions aimed at accelerating project execution for builders and contractors, placing a strong emphasis on upholding standards of quality, safety, and environmental sustainability.\u003C\u002Fp>\r\n\u003Cp>Some of the prominent organizations participating at the event include JCB, BKT, Caterpillar, Imperial Auto, Jindal Steel & Power, Gulf Oil, Kobelco, KYB, Larsen and Toubro, Puzzolana, Sany, Schwing Stetter, Syemco, Tata Hitachi, Ammann, Case, Doosan, Epiroc, Fiori, GNU, Nail Stone, Hyundai, ITR, Liebherr, Propel, Rockcut, Walvoil, Wipro, Yuken India, besides OEMs, Components manufacturers, and other allied industry organization. The Indian Construction Equipment Manufacturers’ Association (ICEMA) is the sector partner for EXCON 2023.  Infrastructure Equipment Skill Council (IESC) and the Builders Association of India (BAI) are supporting partners.\u003C\u002Fp>\r\n\u003Cp>Against this backdrop, Deepak Garg, Managing Director, Sany Heavy Industry India Pvt Ltd, said, “We are excited to present the Twelfth Edition of EXCON, embracing the theme  ‘Building India’s Tomorrow’. This theme encompasses the core principles of Technology, Globalization, Sustainability, and Inclusiveness. EXCON 2023 is more than just an event; it serves as the driving force behind India’s continuous progress, symbolizing our robust infrastructure development and solidifying India's prominent position as a global hub for construction equipment manufacturing.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.cii.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FrcfQXVtKcvVT6Fvp5OGk.jpeg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FNovember2023\u002FrcfQXVtKcvVT6Fvp5OGk.jpeg","2023-11-11T05:47:58+05:30","MWM Desk","News",0,"EXCON 2023, South Asia's largest construction equipment exhibition, returns to Bengaluru from December 12-16.\nThe construction equipment sector targets a 15% year-on-year growth driven by technological innovations and government investment.\nThe event will feature AI, IoT, and green construction solutions across a massive 30 lakh sq ft display area.","The construction equipment industry is hitting a major inflection point, with projections signaling a 15% year-on-year growth over the next five years. As we look toward EXCON 2023 in Bengaluru, the integration of Generative AI, IoT, and sustainable practices is redefining the landscape of Indian infrastructure. With a massive government allocation of INR 10 lakh crore, the sector is primed for a digital and mechanical revolution. This year’s exhibition is more than a trade show; it’s a critical catalyst for stakeholders, from PWD officials to private contractors, to explore the future of precision engineering and automation. Are you ready to see how innovation is shaping the next era of construction? Join us as we explore the future of building smarter and faster. #EXCON2023 #ConstructionTech #InfrastructureDevelopment","The construction equipment industry is set for 15% YoY growth! 🏗️ Get ready for EXCON 2023 in Bengaluru, where global innovation meets India's infra boom. From AI to green tech, the future of building is here. #EXCON2023 #ConstructionIndustry","Big things are happening in the construction world! 🏗️ With a massive 15% year-on-year growth target, the industry is entering a new era of AI and smart technology. We’re gearing up for EXCON 2023 in Bengaluru—the biggest hub for everything from heavy machinery to sustainable engineering. 🛠️ Whether you're into smart city planning or the latest in autonomous equipment, this is the place to be this December. It’s all about building a faster, greener, and more efficient India. Who’s excited to see the latest innovations on the floor? See you in Bengaluru! 🇮🇳✨ #EXCON2023 #ConstructionLife #Infrastructure #TechInnovation #SmartBuilding #CII #ConstructionEquipment",{"title":6,"description":8,"keywords":21},"excon 2023, construction equipment industry, infrastructure development, construction technology, cii events, generative ai in construction, india infrastructure growth, sustainable construction, industrial exhibitions, smart city planning",{"title":23,"slug":24,"imageUrl":25},"Euler Motors Secures INR 120 Crore in Series-C Extension Round","euler-motors-secures-inr-120-crore-in-series-c-extension-round","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FltfcLURUiz7QqX6aq0SZ.jpeg",{"title":27,"slug":28,"imageUrl":29},"Dassault Systèmes’ 3DEXPERIENCE Cloud Summit India 2023 Showcased Sustainable 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manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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