Government of India’s ambitious targets are making India a multi-trillion-dollar economy by 2026 and infrastructure is one of the Key enabler for the economic growth of India. The construction industry accounts for approximate 8% of India’s GDP, and is the Second largest employer, generating over 50 million employment opportunities. Construction segment in India expected to reach USD 1.4 trillion a total valuation in coming years with the unprecedented opportunities. To achieve the above, the National Infrastructure Pipeline (NIP) had projected the investments, 39% from central government, 40% from state government and Balance 21% from the private sectors. Investments ratios are - Energy sector(24%), Roads(18%), Urban Development(17%), Railways(12%).
One of the largest trade fair for construction vehicles and equipment, bauma CONEXPO INDIA 2023 is the event for the success of Indian construction machinery market. Business entering transactions, global players and high-quality trade visitors make it to one of the most important sector events in India through joining this event. bauma ConExpo in India brings all the key stakeholders and decision makers in this industry under one roof for 4 days, started from 31st Jan till 3rd Feb, 2023 at Greater Noida.
“Technology for a sustainable future” is the tagline and accordingly Komatsu India jointly with its distributor Larsen & Toubro(L&T) participated and displayed technological equipment at outdoor area with a meticulously constructed stall and an exhaustive display of total 9 machines. Komatsu displayed its Hybrid Technology machine HB365 model for the first time in India, reaffirming its commitment to adopting green and energy-efficient machines. Also an eye-catching display of PC300 (30 ton) excavator fitted with Parallel Link cabin and OPG attachment, ideally suited for handing metal scarp in vehicle scrapping yards. In addition to this, PC205-10M0, PC210LC-10M0, PC210LC-10M0 SLF, PC500-10R (Mid-mining range) and the next-gen motor grader GD535-6, imported from Komatsu Ltd., Japan.
Regard to genuine parts and special attachments, KIPL displayed CS Handler, Rock Breaker and Twin Lock Quick Couplers and had an exclusive booth for its KGO (Lubricants). Komtrax room consist of Simulator training for the operators, also KOWA demonstrations.
The main moto of this event for Komatsu India was to showcase the sustainable and Bio-fuel compatible machines to support majorly on the new initiatives determined by Indian government - carbon emission and vehicle scrapping policy to build better nation. This event and displays were supported very much on Komatsu’s global policy to empower and create a sustainable future by connecting through people, business and planet through technology innovations.