Recent industry trends In the last 12 months, the trends have been fairly negative. There are signs that the sentiment may be changing and this will translate into an upward swing starting with a favourable budget next year. Panasia is expecting a big push in the infrastructure arena by the new government as it is clear that without adequate infrastructure, high growth rates cannot be maintained. The recent announcements of incoming FDI into road and rail infrastructure and river linking projects bode well for the medium term outlook. The key issue will be a realistic tendering protocol to invite the best companies to participate and allow them to get a fair price for the quality they deliver.
Expectation from bC India Panasia hopes that there is a positive sentiment with infrastructure contractors – on whom its business depends. The fact that a high-level minister is kicking-off the event instils confidence that the government is taking infrastructure development very seriously. Panasia hopes that there will be further reduction in import duties to make the latest global technology more affordable for Indian contractors.
Key attraction at stall Panasia will showcase world-leading, cutting-edge technologies. The company will be presenting the most advanced eco-friendly drilling methods. Key attractions will be vibro drilling and water hammer drilling for dam rehabilitation and underground coal or metal mines. Panasia believes the future is replacing open case mining with underground methods.
Products to be showcasedPanasia will showcase the latest in the drilling, boring, grouting and soil improvement arenas. Its focus will be on methods and equipment that conserve energy and offer higher productivity.
New product launch One of the highlights of the show will be the latest energy-saving vibro drilling technologies from Germany.
“Our focus will be on methods and equipment that conserve energy and offer higher productivity.”
– Pradeep Kumar, Director, Panasia Project Consultancy