The second bauma Conexpo India webinar took place on 15 May 2020, drawing over 2,419 delegates. It was brought together by bC Expo India Pvt Ltd and Indian Construction Equipment Manufacturers Association (iCEMA), gathering experts from the infrastructure and construction equipment sector on one platform for an engaging and insightful discussion.
The webinar focused on the topic ‘Business Continuity for Infrastructure Development Projects and Construction Equipment Industry’. General (Dr) Vijay Kumar Singh (Retd.), India’s Minister of State for Road Transport and Highways, was the chief guest at the event.
The panel was spearheaded by several industry experts, including: Arvind Garg, chairman of bauma Conexpo India - task force, and also EVP and head of construction and mining machinery at Larsen & Toubro Ltd; Sandeep Singh, managing director of Tata Hitachi Construction Machinery and president of iCEMA; Deepak Garg, managing director of Sany Heavy Industries India Pvt Ltd; Sakthikumar Govindarajan, managing director of Schwing Stetter India Pvt Ltd; D.K. Vyas, managing director of Srei Equipment Finance Ltd; and Sorab Agarwal, executive director of Action Construction Equipment Ltd. The webinar was moderated by Rajesh Nath, managing director of VDMA India.
General (Dr.) Vijay Kumar Singh (Retd.) shared his insights on the current industry situation, in light of Covid-19 and stressed on the importance of strategising. “This is an opportunity to critically re-examine, rethink and put up proposals to people that can bring about change; since the way we do business in the future will surely change.” He also shed light on steps taken by the government by asserting that “measures have been taken by the government to ensure the flow of liquidity. As of today, we have already started 1,119 projects. The government is also trying to rationalise and streamline procedures and is moving towards digitalisation.”
iCEMA works as a bridge between the government and the industry and plays a key role as communicator and voice of the sector. On behalf of iCEMA, Mr Sandeep Singh emphasised the importance of the recent stimulus package in creating demand and the National Infrastructure Pipeline of Rs. 102 lakh crore announced by the government to boost infrastructure growth.