- More than 140 billion Euros invested in energy and infrastructure
- Construction-industry growth rate higher compared to the overall growth rate in India
- 10% expected annual growth for commercial and industrial construction (2010-2015)
- Indian economy quickly regains the momentum
India has one of the world’s biggest purchasing power and ability to attract large investors from all over the world. Investments in various infrastructure sectors are projected to reach impressive 140 billion Euros in 2010:
- EUR 100 billion for the energy sector
- EUR 17–21 billion for road construction
- EUR 5.7–7 billion for ports
- EUR 10.7–14.3 billion for airports
Even though India is experiencing a slower growth rate due to the current economic downturn, it is expected to rise again within the next three to four years thanks to its resiliency to the world markets’ conditions. The growth rates forecasted for the construction industry sectors will exceed the overall GDP growth. The commercial and industrial construction sectors are growing at an annual rate of approximately 10%, compared to 6%–7% for residential construction.
Spike in the construction industry growth
Rapid growth in the construction sector is creating enormous sales potential for manufacturers of construction machinery. The increase in sales of earth-moving equipment by 17% and construction vehicles and mining equipment by 53% demonstrates the immense potential for all sectors of the construction industry.
Your target market is here
bC India allows you to meet decision-makers and industry experts. It is the perfect place to gain a better understanding of the booming construction market in India. The quality, variety and sheer volume of attendees make bC India the best place to develop new business contacts and take advantage of the strong market demand.
