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EXCON is definitely the biggest exhibition of Construction Equipment in India and South Asia, witnessing the largest footfall of industry delegations and visitor participation. Excon is growing with each edition and this year the event is expected to have almost 70,000 visitors. It is the festival of the Earthmoving and Construction Equipment Industry and is unique as it has all stakeholders at the same place.

 

JCB has been participating as one of the largest exhibitors at Excon. At this platform, we connect with customers and showcase the entire range of our products and technologies.

It is a platform to exhibit products and services that have the potential to drive growth in the future. EXCON gives us an opportunity to reiterate our commitment to the Indian market. The exhibition also plays an instrumental role in bringing the entire industry together. It enables us to reach the customers and all other stakeholders together.

EXCON is the biggest platform for players in the construction Equipment industry to showcase their products and services. Anything linked with construction and infrastructure development, be it in terms of products, services, technology, automation, finance, access to global markets etc., are displayed at the show.

In the EXCON 2019, we are hopeful of witnessing a greater participation from all the large OEMs, importers and international associations. The five-day event will draw attention of over 70,000 Business Visitors.  We expect about 1250 exhibitors, with 350 foreign exhibitors from more than 21 countries. Delegations from overseas will also be participating. All in all, we think, Excon is growing bigger, better, and exciting with every new edition.

Excon 2019 is expected to be a significant opportunity for us to showcase the evolution in the industry brought by IoT and Big Data as well. It will help bring the troika of Industry, Academia and the Government under one roof to leverage these emerging trends. Further, the components Industry for construction equipment will be well represented, as it is an equal stakeholder in this transformation.

From a technology standpoint, we expect EXCON 2019 to attract new talent, contractors, manufacturers and investors, thereby enabling them to witness the global benchmark set by various construction equipment companies through their exclusive products and offerings.

As always, JCB will present an exciting and innovative line up of machines at this year's Excon. We will showcase class leading product solutions which exhibit innovation in design, performance, efficiency and safety including the integration of digital technology in our products. 

The Theme of Excon this time is Smart i-tech India@ 75. Showcasing our digital focus, we will continue to build on our 'Intelli' series along with our exciting new range of technologies in Excon 2019. 

JCB India has been focused on innovation and technologically-backed solutions, and this year shall be no different. There is going to be a thrust in digital technologies and their integration into new products.

We will also showcase the entire range of our world-class JCB products starting from the compact range such as Mini Excavator, Skid Steer Loader to mid-range machines such as Backhoe Loaders, Telehandlers, Tracked Excavators, Compactors, Skid Steer Loaders and Wheel Loaders. All these products have been designed and engineered to cater to the changing needs and increasing demand across different segments.

JCB will display its range of Consumer Products, Parts and Product Support. Apart from this, visitors will get to experience world-class technology in action at our stand in terms of Telematics and Internet of Things.

Largely steered by the implementation of infrastructure projects, the year 2018 was a record year for the Earthmoving and Construction equipment industry. However, 2019 is seeing a demand compression due to a variety of reasons.

The recent times have witnessed an overall economic slowdown, which has been directly affecting the construction equipment sector. Further, 2019 being an election year, has contributed to the overall stress. The liquidity related challenges around NBFCs have also impacted the industry. 

Despite the slowdown, there is still a thrust from the Government for creating infrastructure in India. With the implementation of large-scale projects, including projects of national importance, the road equipment industry is on a path to gain momentum. A significant financial outlay announced by the Government in the recent union budgets has been driving demand for road equipment and will continue to effectively boost demand in the construction equipment industry. 

Roads & Highways will continue to be key growth driver for the Construction Equipment Industry and critical to fulfilling the $5 trillion economy dream of India. The rising focus of the Government towards rural economy will also be one of the major contributors in the foreseeable future, with rural roads development projects being in the forefront. Urban rejuvenation is another area that can significantly create demand if focused on as an opportunity by the Government. Apart from these Railways and Water Conservation have the potential to become significant growth drivers for the Construction Equipment Industry.

At JCB, we are fully prepared to leverage the opportunity with our world-class range of equipment.