Thursday, November 22, 2012

Chennai developers have a chance to get a peek at global construction sector


Chennai:
Chennai developers have a chance to get a peek into the global construction industry during the international Trade Fair for construction machinery, building material machines, mining machines and construction vehicles to be held in Mumbai from February 5 next year.

Addressing a press conference here on Wednesday, Thomas Loffler, CEO, bC Expo India Pvt Ltd, said the bC India-A BAUMA CONEXPO Show is the biggest international event in construction sector and it will attract more than 700 exhibitors and over 40,000 trade visitors from across the globe are expected.

Loffler also rued that India doesn’t have huge space for such global expos while stating that the space allocated for the exhibition in 2013 has increased to 130,000 square metres, from 88,000 square metres in 2011, to accommodate the growing demand. “There is a need for a huge global expo center in India and Chennai could take a lead in constructing one,” he said.

He said for the construction industry, the region is particularly attractive because of its continued focus on infrastructure development as 65 per cent of all infrastructure expenditures are invested in the construction sector.

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