Military Engineering Services, BRO & CE Industry Leaders Collaborate at CII EXCON 2023 to Shape India’s Infrastructure Future
Bengaluru, 18th December 2023 – At CII EXCON 2023, during the Session on ‘Exploring Opportunities in Defence & Border Roads Projects’ held on Thursday, Border Roads Organization (BRO) shed light on its extensive contributions to infrastructure development and outlined future initiatives.
Lt Gen. Raghu Srinivasan, Director General of the Border Roads Organisation, remarked, “Through engaging with our industry partners, the BRO effectively conveyed its precise requirements for a model bridge, emphasizing the necessity for increased width, two lanes, and enhanced support for larger spans with a higher load classification. In response to these clearly defined needs, the industry has successfully delivered a model of the bridge that aligns with these specifications. The triumph of this collaborative endeavor underscores the indispensable role played by state-of-the-art construction equipment technologies in meeting the evolving requirements of organizations like the BRO. Advanced engineering and construction equipment, characterized by their adaptability and precision, not only facilitated the realization of the organization’s specific demands but also significantly enhanced the efficiency and effectiveness of the infrastructure development process.”
Lt. Gen Arvind Walia, Engineer -In- Chief, Military Engineering Services, Ministry of Defence said, “Joining hands with industry leaders marks a significant milestone in the tech-driven evolution of the construction industry. As we navigate the surge in technological innovations, construction equipment plays a crucial role in reshaping the world we live in. With a focus on defence infrastructure and an allocation of almost 3.3% of our GDP, approximately 125 billion US dollars, we are poised to contribute to the nation’s growth and technological prowess. Today, we stand at the forefront of progress, ready to meet the evolving demands of a rapidly growing economy on the path to a 5 trillion GDP.”
Mr. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Company Pvt Ltd and Mr Anand Sundaresan, Managing Director, Ammann India also spoke at the Session.
At a separate CEO Roundtable 2023 on the theme, ‘Infrastructure Growth Story – Driving Sustained Demand’, convened prominent industry leaders for an in-depth conversation addressing the challenges and opportunities within India’s construction equipment sector. The discussions centered around the crucial role played by the Indian Construction Equipment (CE) industry in the nation’s infrastructure development.
The session dwelved into a range of subjects, highlighting sustainable development, a dedication to Environmental, Social, and Governance (ESG) principles, and the obstacles encountered by companies such as Reach International in supplying aerial work platforms for construction sites. Panel participants recognized the importance of private-sector funding to supplement government initiatives in infrastructure advancement. Noteworthy points encompassed the sector’s emphasis on digitalization, minimal Non-Performing Assets (NPAs), and the vital collaboration between industry and academia to tackle skill shortages in the operation of construction equipment.
Mr. Vivekanand Vanmeeganathan, President, ICEMA said, “In the context of sustainability, the industry acknowledges the crucial importance of ESG. Commitment to sustainable practices is not only for current operations but also for ensuring a sustainable future for the industry.”
Mr. Jaswinder Singh Bakshi, Chairman – Taskforce on User Industry EXCON 2023 said, “The government’s focus on infrastructure is evident in increasing budget outlays, with flagship initiatives like NIP, NLP, and GMP driving steady growth. Optimism is high due to a significant pipeline of projects, indicating sustained and growing demand for the next five years.”
Other speakers at the session included; Mr. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Company Pvt Ltd; Mr. V G Sakthikumar, Managing Director, Schwing Stetter India Pvt Ltd; Mr. Munish Sharda, Group Executive & Head (Bharat Banking), Axis Banking; Mr. Ramu Ravuri, Managing Director, M/s Sree Raja Rajeswari Constructions(India) Pvt Ltd and Mr. Dhruv Sharma, Founder, Reach International.
CII EXCON 2023 highlighted a collective industry commitment to embrace sustainability, recognizing its significance not only for current operations but also for ensuring a resilient and eco-friendly future. As the dialogue unfolds, it becomes evident that the trajectory of India’s infrastructure sector holds promise, backed by determined efforts to address challenges and leverage opportunities for long-term growth.