CII Excon 2017 to aid speedy implementation of infrastructure projects
The 9th edition of Excon, India’s premier and South Asia’s largest construction equipment and construction technology trade fair, which will take place in Bengaluru during December 12-16, 2017.
Organised by the Confederation of Indian Industry (CII) , the mega business event will feature a 5-day international exhibition to be held at 2,50,000 sq. mtrs of gross exhibition display area, attracting over 1000 exhibitors including 300 companies from abroad. The event is expected to attract over 40,000 business visitors.
In a speech screened at the launch meet held here on Thursday, Mr Suresh Prabhu, Minister of Railways, Government of India, said that Excon has turned out to be an important event for the infrastructure development in India as it attracts best technologies, best companies, and best ideas to the country from across the world.
He said the government and public sector organisations, including the Indian Railways, are embarking on mega infrastructure projects and the participation of the top organisations in the private sector will ensure that the huge outlay of capex is spent in a manner that will add more value to the country.
Prahbu pointed out that the Railways is committed to investing Rs 8,50,000 crore in a five year span in infrastructure development projects like network decongestion, network expansion, national projects, safety, information technology & research, rolling stock, passenger amenities, high speed rail and elevated corridor, station redevelopment and logistic parks.
In his special address, Anirudh Jain, Additional Member (Works), Ministry of Railways, Railway Board, said that Indian Railways has prioritized projects so that the projects that are more beneficial and those that are nearing completion can be completed expeditiously. He said that the execution of one of the biggest infrastructure projects in the country, the Eastern and Western Dedicated Freight Corridors, has been fast-tracked. It will be commissioned in phases by 2019. Jain said that a large number of initiatives have been taken to bring remarkable increase in commissioning of new lines, guage conversions and doublings.
