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Bouncing back gloriously

by Niranjan Mudholkar on Dec 5, 2009


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Aerial view of Excon 2009. Pic courtesy: CII
Aerial view of Excon 2009. Pic courtesy: CII

Investments in infrastructure has been a tried and tested way of beating economic recession and India has once again proved it right. That the infrastructure industry is back to business in all its glory was clearly reflected in the overwhelming response the Excon 2009 received.
The event saw participation from 435 exhibitors including overseas 135 players with over 30,000 business visitors. What better measure of Excon's success than a survey conducted by IMRB International that stated that the event generated a whopping business enquiries worth Rs10,000 crore.
I was present at the show for the first two days and was really impressed to see the scale of the event and the kind of response that it was generating. I had the opportunity to speak with a lot of leading construction equipment manufacturers who were exhibiting at the show and they were unanimous in giving full marks to the event in just the first two days. "Customers have come with a decisive mindset," said K Vijay of Ajax Fiori. I was trying to meet two senior officials of Schwing Stetter and every time I went to their stall, they were surrounded by customers. These are just a couple of examples but they are reflective of the overall mood at the exhibition.
The event, which witnessed live demonstration of equipments across the range, gloriously proclaimed that the infrastructure industry has bounced back with all its might. By the way, the value of business deals struck during the 5-day exhibition touched the Rs2000 crore mark.

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