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All eyes on India's infra story

by Niranjan Mudholkar on Jan 27, 2010


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I am just back from the bauma 2010 media dialogue held in Munich, Germany. Scheduled for April 2010, this international exhibition for construction machinery, building material machines, mining machines, construction vehicles and construction equipment is the biggest trade fair in the world in terms of exhibition space.
With an exhibition space of 555,000 sq m, bauma 2010 will beat the previous record for space held by bauma 2007 (540,000 sq m). As Eugen Egetenmeir, a member of the Management Board of Messe Munchen said, "This development shows that in a tough economic climate bauma remains a milestone in the trade fair calendar of the sector, and that this sector is determined to demonstrate its innovative capabilities at the world´s leading trade fair. Messe München, as the organiser of bauma, will do everything possible to create the best conditions and provide the same high level of service for that event."

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What's more interesting from the Indian perspective is the fact that India will be a partner country at bauma 2010. During the media dialogue in Munich, I had the opportunity to speak with several key exhibitors. There is a clear and strong indication that most of these companies are looking very optimistically at India's infrastructure story. While quite a few of them are already present in India either directly or through some partners, many others want to enter the Indian market through meaningful partnerships. This definitely will be a win-win situation with the Indian infrastructure set to make the most of technological advancements. With the markets in North America and Europe still struggling, all these players would be looking at emerging economies to cover their grounds. This is definitely a good news for India's infrastructure industry which needs all the equipment power available.
Check out the Februray and the March issues of Construction Week India for comprehensive curtain raisers on bauma 2010.
bauma 2010 takes place from 19 to 25 April 2010 at the New Munich Trade Fair Centre.




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