Home News World of Concrete India 2022 anticipates India’s construction Industry output to reach INR 60,508.9 billion by 2026

World of Concrete India 2022 anticipates India’s construction Industry output to reach INR 60,508.9 billion by 2026

World of Concrete India 2022 anticipates India’s construction Industry output to reach INR 60,508.9 billion by 2026

Mumbai: The 8th edition of World of Concrete India by Informa Markets in India commenced today at the Bombay Exhibition Centre, Mumbai. The show provided a unique opportunity for all the stakeholders to discuss every aspect of the concrete, construction, and Infrastructure domain, including technological developments and emerging trends in this sector.

World of Concrete India is one of the leading trade fairs in the country, dedicated to concrete, where hundreds of exhibitors participate to showcase everything from cement to pumps, precast manufacturing products, technology, admixtures, testing and repair, and much more. 

The key exhibitors included UltraTech, Schwing Stetter, Jet Formworks, Mcon Rasayan, ESS EMM Chemicals, HROC, Asian Paints, Vyara Tiles, VT Corp, Infinity Woodcraft & many more among many others. World of Concrete India 2022 is primarily supported by the Builders Association of India, the Water Proofing Association of India, and the Gujarat Contractors Association.

The show highlighted that innovation and sustainability are the need of the hour, and with its enhanced features, this year’s edition saw participation from over 7,000 visitors, more than 150 exhibitors, and over 50 speakers.

Addressing the opportunities in this sector, Mr. Yogesh Mudras, Managing Director of Informa Markets in India said, “The concrete, construction, and infrastructure industry is highly responsible for propelling India’s overall development and enjoys intense focus from the government for initiating policies that would ensure the creation of world-class infrastructure. Increasing government investments in projects like the Sagarmala Program, Bharatmala Pariyojana, Gati Shakti Master Plan, development of 21 green field airports in the country, etc., has made the Indian market highly competitive and holds opportunities not only for big but also for small and medium players. Through this 8th edition, World of Concrete India has once again proved to be the meeting place for ideas, innovations, and partnerships in India’s construction and infrastructure technology sector.”

According to Niti Aayog, the Indian real estate sector is expected to continue its upward trajectory and is expected to reach a market size of $1 Trillion by 2030 and will account for 13% of India’s GDP by 2025. The construction output in the country is also expected to reach INR 60,508.9 billion by 2026. Schemes such as the revolutionary Smart City Mission are expected to improve the quality of life through modernized tech-driven urban planning. 

Therefore, the construction industry is also adopting digital technology solutions to boost productivity and remain ahead of the competition. World of Concrete India is set to play an important role as it not only provides the opportunity to engage and connect with practitioners but also provides the attendees with knowledge of best practices and problem-solving strategies through collaboration and educational seminar sessions.

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