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New legislative Period holds Promise of new Projects for bc India

MUNICH/GERMANY, April 14, 2014 - Even before the parliamentary elections which are currently taking place in India, the Indian government was talking about plans to make funding available for a wide range of projects. Things are definitely moving in this market, all of which spells good prospects for the exhibitors at the bauma Conexpo Show - bC India, which takes place from December 15 to 18, 2014, in the India Expo Centre in Greater Noida, near Delhi.

The Airports Authority of India (AAI), for example, is planning to invest a total of 1.3 billion US dollars in the modernization and maintenance of India’s airports between 2013 and 2017. One of the ambitious goals is to bring around 100 additional airports into operation by 2020. Significant expansion is also planned for other forms of transport: The Institute of Metro and Rail Technology announced recently that in the next 15 years around 16 billion US dollars are to be invested in the rail and metro network. A total of 7,500 kilometers of new track is to be laid.

The markets relevant to bC India are also experiencing buoyancy: a report by Off-Highway Research on the construction machinery market has identified positive trends. For 2013 the forecast was for seven percent growth, but for 2014 that has been raised to nine percent. These figures are one of the reasons why Ramesh Palagiri, Managing Director & CEO of Wirtgen India, is predicting renewed growth potential in India for the time after the elections: "The new central government is expected to be functional by June 2014, and we expect the bottlenecks in the infrastructure sector to be addressed on priority. This would result in accelerated growth of the construction equipment industry."

For the companies these planned investments are just one part of the positive picture: the new venue for bC India in Greater Noida near Delhi is also important to the exhibitors. Nitin Lal, General Manager Construction Technique Consumer Center at Atlas Copco India, comments: "We welcome the decision to host bC India 2014 in Noida this year. This will increase participation from leading construction companies in expectation of higher customer footfalls and customer enquiries. With this move, bC India will become a more focused construction exhibition specifically catering to the needs of the Northern, Eastern and Western parts of India." Sorab Agarwal, Executive Director a ACE, adds: "A lot of focus for infrastructural development and real estate has moved towards North India in the recent past. As there is no prominent show that takes place in North India, bC India would be the right platform for all the equipment manufacturers to showcase their products and technology in the forthcoming event at Noida.”

Further information on bC India: www.bCindia.com.
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