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RAHSTA Expo 2024 concludes to a grand success
Articles- Oct 28,24
Smart Manufacturing & Enterprises (SME) and Equipment India (EI) host construction equipment (CE) industry leaders to discuss the future of CE industry. The 10th India Construction Festival (ICF) 2024 awards over 75 companies from infrastructure industry.
The 10th Edition of India Construction Festival (2024) - comprising 14th RAHSTA Expo, 14th India RAHSTA (Roads) Conference, 12th Equipment India Awards and 22nd Construction World Global Awards - received a big thumbs up from industry leaders of the construction and infrastructure industry for recognising the industry's contribution to the nation building by awarding & celebrating its success.
Held on October 9-10, 2024, at Jio World Convention Centre, BKC, Mumbai and hosted by infrastructure think-tank FIRST Construction Council in partnership with Construction World (CW) and Equipment India (EI) magazines, India Construction Festival 2024 honoured over 75 companies in the infrastructure and construction equipment sectors with awards under various categories.
The 14th RAHSTA Expo – India’s first indoor trade fair for the construction equipment technology - provided a platform to more than 100 companies for showcasing their latest technologies, products and solutions that are crucial for the development of a strong infrastructure. The RASHTA Expo and conference united all stakeholders in the infrastructure sector, including policymakers, industry professionals, and supporting industries such as financial institutions and technology providers. This gathering aimed to showcase integrated solutions for challenges within the construction industry and establish best practices for efficiency.
Sanjay Bhatia, Upa-Lokayukta, Government of Maharashtra along with Vipin Sondhi, Chairman, RAHSTA Expo Committee, inaugurated the RAHSTA Expo. Speaking at the inaugural session, Sanjay Bhatia, who has been instrumental in projects like Atal Setu, NAINA region, Mumbai East Coast Marina, Sagarmala during his stints leading CIDCO, Mumbai Port Trust etc., expressed his delight at the huge display of construction technology at the expo, “The RAHSTA expo has put the construction industry on an international standard. India is experiencing nation building at a robust pace and I am truly impressed with the work being now done by our youth with their start-ups many of which are showcasing their innovation here at this expo.”
Launching his book ‘Tarmac to Towers – India’s infrastructure story’, Pratap Padode, Founder, FIRST Construction Council stated, “RAHSTA Expo is a paradigm shift in exhibition presentation for the construction industry. It has drawn 4000 quality business visitors who have had fruitful discussions with material manufacturers and OEMs of equipment and technology. The RAHSTA Expo has brought together road contractors, developers, financiers, material manufacturers, equipment OEMs, government authorities and engineering firms on the same platform to share from each other.”
Speaking at the inauguration, Pam Mcfarland, Senior Editor, Engineering News – Record (ENR), said, “India and the USA deals with a lot of similar issues such as flooding, hurricane, etc. Billions of dollars are being poured into construction, roads, and variety of transportation which has climate and environmental resilience focus. In India, pace of road construction has increased manifold. I am looking forward to learn more about what’s going on in India and particularly resilient materials in roads and bridge construction.”
Vipin Sondhi, Chairman, RAHSTA Committee, and former MD & CEO, Ashok Leyland & JCB, said, “This occasion is not just a gathering but reflects our collective strides in shaping the future of India’s highway sector. This sector is not only critical for economic growth but is the backbone of physical connectivity that binds our nation together. The union budget reflected the priority of the sector and allocated Rs 2.7 trillion for Ministry of road transport and highways (MoRTH). India’s road network is the second largest and it moves not only goods, people but drives opportunities of inclusivity and development. National highway construction has seen a remarkable upward trajectory, growing at 9 per cent CAGR from FY2016 to FY2024.”
The 14th India RAHSTA Conference (IRC) convened policymakers, industry leaders, and experts to explore innovative technologies, sustainable practices, and funding opportunities aimed at transforming the road construction landscape in India.
Padode stated, “India has the distinction of the second largest road network in the world. In the last 10 years, the speed of road development has increased manifold, and today we are building roads at the rate of 30-37 km per day. But, we need to build roads and bridges of the best quality that can last for 100 plus years. With rising environment and climate change concerns, India need to promote climate and disaster resilience in the infrastructure development process. RASHTA conference provides an ideal forum to discuss, debate and form strategies for building more sustainable, resilient infrastructure projects.”
During the conference Ashish Kumar Singh, Chief General Manager - Finance, National Highway Authority of India (NHAI) has asked FIRST Construction Council to submit policy recommendations based on deliberations and discussions at the RAHSTA conference and expo.
The two days of RAHSTA Conference paved the way for fruitful engagement and informed participants about novel technologies, strategies and processes required to build a resilient infrastructure.
With over 50 speakers, participants gained valuable insights through engaging panel discussions, thought-provoking keynotes, and displays of cutting-edge innovations at IRC 2024. The event enhanced understanding of industry trends and facilitated important partnerships, contributing significantly to the development of safer, greener, and more efficient road networks.
On the occasion, seven RASHTA Awards were presented in various categories such as Award for best in Road Engineering & Construction, Bridge Engineering, Road Financier, technology in road building, project management, project execution, etc.
Leaders discuss the future roadmap of CE industry
India's road network has grown 59 per cent to become the second largest in the world in the last ten years. National highway construction in India increased at 9.3 per cent CAGR between FY16-FY24. With the government’s continued focus on infra-led growth, construction equipment (CE) are also witnessing robust demand. In fact, in FY24, the industry witnessed about 26 per cent growth compared to previous year.
Against this background, Equipment India (EI) and Smart Manufacturing & Enterprises (SME) also hosted a Panel Discussion - titled “RAHSTA (Road) Ahead for CE Industry” - to deliberate on opportunities and future trends in the construction equipment (CE) industry. Panelists of the panel discussion - moderated by Ranjan Sharma, Senior Director – Large Corporate Ratings, CareEdge Ratings - included Dimitrov Krishnan, MD, Volvo CE India Pvt Ltd; Sandeep Singh, MD, Tata Hitachi Construction Machinery Company Pvt Ltd; Shalabh Chaturvedi, MD for India & SAARC region, CASE Construction Equipment; SP Rajan, VP and Head Plant & Machinery, L&T Construction; Sanjay Koul, President - India and SE Asia and MD - India, The Timken Company; and Sitaram Ganeshan, President, Wipro Hydraulics.
Later, the eagerly awaited 12th Equipment India Awards 2024, presented by BKT, brought together industry leaders, top construction equipment manufacturers, and components & accessory suppliers to recognise and celebrate excellence and innovation in the construction equipment sector. Some of winning companies included Schwing Stetter India, Sany Heavy Industry India, Ammann India, Schwing Stetter India, Caterpillar India, JCB India, Tata Hitachi Construction Machinery, Action Construction Equipment (ACE); BEML Limited, Doosan Bobcat India, LiuGong India, AJAX Engineering, Case Construction India, etc.
A key highlight of the evening was the announcement of the Equipment India Person of the Year 2024, awarded to Jaideep Shekhar, MD of Terex India. The jury recognised Terex India’s impressive growth under Shekhar's strong leadership.
Jaideep Shekhar said, “I’m deeply grateful to the Jury and Equipment India for this remarkable honour. This award reflects not only my contributions but also the dedication and hard work of my team. I have been associated with the industry for more than 25 years, and this award motivates me to keep pushing boundaries and to lead the growth with integrity.”
CWAG awards presented to 50 construction industry leaders
The 22nd Construction World Global Awards brought together top construction industry leaders, experts and policymakers. CW Global Awards were presented to 50 companies such as Berger Paints, Century Plyboards India, GMMCO, H&R Johnson, Komatsu India, Larsen & Toubro, Afcons Infrastructure, APCO Infratech, Ashoka Buildcon, DRAIPL, H G Infra Engineering, IRB Infrastructure Developers, ITD Cementation India, J Kumar Infraprojects, NCC, Patel Engineering, PNC Infratech, Ramky Infrastructure; Welspun Enterprises; Shapoorji and Pallonji, Tata Consulting Engineers, KEC International, and Kalpataru Projects International, among others in different categories. The CW Global Awards and ENR Awards offered a platform to acknowledge and celebrate the innovation, dedication, and outstanding accomplishments of individuals and companies in the construction industry, raising the standard for future endeavours.
The awards were presented at a dazzling ceremony attended by leading figures from the construction industry, including V Chandrashekar, MD & CEO, GMMCO; Sarat Chandak, CEO, H&R Johnson; Srikrishna Subramanian, Director & Sr. VP - HR, GA & ICT, Komatsu India; R K Bansal, Executive VP & Head – Roads, Larsen & Toubro; Anil Kumar Singh, MD, APCO Infratech; Ashish Kataria, Ashoka Buildcon, Director; Rajeev Mishra, CFO, H G Infra Engineering; Sudhir Hoshing, CEO Execution, IRB Infrastructure Developers; Nalin Gupta, MD, J Kumar Infraprojects; Suhas Eklahare, Director, NCC; Kavita Shirvaikar, MD, Patel Engineering; Yancharla Rathnakara Nagaraja, MD, Ramky infrastructure; Sandeep Garg, CEO & MD, Welspun Enterprises; B R Parthasarathy, Sr VP & Head-Infrastructure Cluster, Tata Consulting Engineers; Shammi Khurana, VP – Execution, Civil, KEC International; and Puneet Singh Narula, CEO & Director, Ceigall, among others.
A M Naik, Chairman Emeritus of Larsen & Toubro (L&T), and Mofatraj Munot, Group Founder, Promoter and Chairman of Kalpataru Group, were bestowed with CW Lifetime Achievement Awards, for their incredible contribution to the growth of not just their companies, but also of the industry.
A M Naik commented, “I would like to extend my gratitude to the jury of the 22nd Construction World Global Awards and to the entire team at First Construction Council and Construction World magazine for this honour. To be recognised in this way, for contributing to a sector that has been a passion of mine for decades is a moment of great pride. Not just for me but for all those who have been a part of this journey. I have been fortunate to work with some of the brightest minds and most committed professionals, and I share this award with them. It is through their dedication and innovation that we have been able to achieve so much and propel both our company and the industry forward. Over the years, we have seen immense transformation in technology processes and practices, and it is heartening to witness how this industry continues adapting to new challenges while always looking to build better and smarter. This recognition from Construction World serves as a powerful reminder that our efforts to drive progress, innovation, and sustainability have been noticed.”
While accepting the award, Mofatraj Munot said, “A project can progress successfully only with the support of right equipment. Timely and quality completion depends on having reliable machinery at the site. I vividly remember, back in 1980s, I used to visit Bauma in Germany to see the latest machines because, at that time, India lacked a platform to showcase innovative equipment. Today, thanks to efforts like those of Construction World, we have access to all these machines right here in India. I want to express my gratitude to Construction World for the award.”
Dineshchandra Agrawal, CMD, Dineshchandra R Agrawal Infracon Pvt Ltd (DRAIPL) honoured with the prestigious Construction World Person of the Year (Private Sector) award.
Expressing deep gratitude to the Jury and Construction World for selecting him for the award, Dineshchandra Agrawal said, “This field is my passion, and I believe we are contributing to nation-building by generating employment and fostering growth. Also, it is important to mention that the construction equipment industry has been playing a key role as an enabler to build a strong, sustainable India. With the ‘Viksit Bharat’ vision, I hope we become a developed country where businesses thrive, and government policies support fair and transparent contracts. I dedicate this award to all the individuals and organisations that have been part of my journey and supported me throughout. It is because of their encouragement that I am receiving this recognition today.”
Partnership galore:
The industry’s overwhelming support was evident from the numerous partnerships it was able to garner as below:
- 22nd Construction World Global Awards: Powered by BKT, Varindera Construction as the Platinum Partner, ITD Cementation, Gmmco, and Dinesh Chandra R. Agrawal Infracon Pvt. Ltd. as Gold Partners, Liugong as the Silver Partner, TATA Hitachi as the Equipment Partner, LivSYT as the Technology Partner, and Shyam Steel and Action Construction Equipment as Association Partners.
- 12th Annual Equipment India Awards: Presented by BKT, Timken as the Platinum Partner, TATA Hitachi as the Equipment Partner, and Schwing Stetter and Action Construction Equipment as Association Partners.
- India RAHSTA Conference: Presented by BKT, Timken as the Gold Partner, Liugong and Nemetschek India as Silver Partners, TATA Hitachi as the Equipment Partner, LivSYT as the Technology Partner, and Action Construction Equipment as the Association Partner.
- RAHSTA Expo: Hosted by MSRDC as the Host State Partner, Birla Pivot as the Powered By Partner, AF Star as the Platinum Partner, ArcelorMittal Nippon Steel India as the Gold Partner, NPL Bluesky Automotive as the Silver Partner, Mahindra Construction Equipment, Terex, Shyam Steel, and PNC Infratech as Associate Partners, TATA Hitachi as the Equipment Partner, Volvo as the Badge Partner, SANY as the Lanyard Partner, Steel Authority of India as the VIP Lounge Partner, and Automark Industries as the Bag Partner.
- 10th India Construction Festival: Larsen & Toubro as the Gold Partner, TATA Hitachi as the Equipment Partner, and Action Construction Equipment as the Associate Partner.
See you again in Sept 2025
International CE makers are using domestic arm to not just serve India but also the global market. Indian Construction Equipment Manufacturers' Association (ICEMA) has set the target of $ 3 billion CE exports by 2030, which can be easily achieved considering the fact that India exported CE worth $ 0.5 billion in FY24.
Increased government spending, rapid urbanisation, technological advancements, and the 'Make in India' initiative will propel demand for construction equipment in the coming years. Thus, RAHSTA (road) ahead for the construction equipment industry is full of bright prospect laying a foundation for a strong, better India. To continue the industry’s growth momentum, RAHSTA Expo is all set to return next year in September 2025.
RAHSTA Expo 2024
Smart Manufacturing & Enterprises
SME magazine
construction equipment industry
India Construction Festival 2024
Vipin Sondhi
Ashok Leyland
Pratap Padode
FIRST Construction Council
Jio World Convention Centre
CareEdge Ratings
Wipro Hydraulics
Sanjay Koul
Timken
Sandeep Singh
Tata Hitachi
Dimitrov Krishnan
Volvo CE
A M Naik
Larsen & Toubro
L&T
Terex India
Equipment India Awards
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