These have elevated the profile of the Indian CE industry and attracted a number of new entrants across stakeholder categories.  the growth and prime positioning of the Indian CE industry, including policy advocacy, participation in events and exhibitions as well as organising flagship platforms such as the Technology Summit and Manufacturing and Supply Chain Summit and CE Human Capital Summit. Each panel at ICEMA works to muster the industry’s strength and knowledge to address the various issues and challenges pertaining to the CE industry.

Progressing on a journey to shape the future of the Indian Construction Equipment industry and is committed to working with the Government to achieve the agenda of elevating the CE industry in the global arena. The ICEMA Secretariat, under the guidance of the office bearers and the Governing Council, has undertaken a host of activities and initiatives for 12 The ICEMA Secretariat has been steadily strengthened to enhance streamlining and efficiency of our operations. With a robust capacity and structure in place, ICEMA is progressing on a journey to shape the future of the Indian Construction Equipment industry and is committed to working with the Government to achieve the agenda of elevating the CE industry in the global arena.

In order to enable the Indian CE industry to emerge as a global manufacturing hub, ICEMA is working to enhance the competitiveness of the industry through increased policy support for localisation of components and attracting foreign collaborations. 8 ICEMA undertook a number of initiatives during the year to enhance the visibility of the industry. Like every edition, ICEMA partnered with CII in EXCON 2023, which has recently won the ‘Top Exhibition of the Year Award’ at Exhibition Excellence Awards & Summit 2024. The ICEMA pavilion at EXCON saw a high footfall, leading to new membership inquiries and increase in our membership tally from 114 to 136 till date. ICEMA was also a prominent participant at the brainstorming session, Manthan, organized by Ministry of Heavy Industries (MHI).

To catalyse an enabling ecosystem for the CE industry, ICEMA organised a number of events to deliberate upon critical topics relevant to the industry and to facilitate networking, collaboration and cohesion amongst industry stakeholders. These included the ICEMA Annual Session 2023, the inaugural CE Technology Summit and CE Finance Conclave the 2nd CE Manufacturing & Supply Chain Summit.

Thus, energy efficient machines operating on alternate fuels, CNG, and bio-diesel will have a wide scope. Additionally, Hydrogen is poised to become a fuel for the future and we look forward to a favorable eco-system developing around it so that its usage can be scaled up. As a partner in the Government’s drive for infra-led economic growth for the nation, the Indian CE industry is fully aligned with the Make in India initiative, taking robust steps to reduce import dependence, enhance competitiveness and increase the resilience of supply chains. By pursuing initiatives for increased levels of localisation and incentivising overseas partners to manufacture in India, the industry is giving a boost to the Government’s AatmaNirbhar Bharat Mission and positioning itself as the global manufacturing hub for the CE industry.

Innovation is key to unlocking this potential. Automation, electric equipment, and smart technologies can revolutionise efficiency. Challenges exist, however, with rising material costs and a potential skills gap threatening to impede growth. Upskilling initiatives and embracing innovation are crucial to navigate these hurdles.

The industry association, ICEMA, is a key player in this growth story. Through industry researches, associating with trade fairs and government lobbying, they have championed the sector’s development. Looking ahead, ICEMA sees itself leading the charge in promoting innovation, export growth, workforce training, and safety practices. Collaboration with stakeholders is paramount to propel the industry to even greater heights.

Schwing Stetter India exemplifies this commitment to progress. Their focus on sustainable technology aligns with India’s green initiatives, while their investment in workforce development through partnerships like the VIT and state skill councils addresses the crucial need for a skilled workforce. This focus on innovation positions Schwing Stetter India as one of the leaders in this exciting market.

These have elevated the profile of the Indian CE industry and attracted a number of new entrants across stakeholder categories.  the growth and prime positioning of the Indian CE industry, including policy advocacy, participation in events and exhibitions as well as organising flagship platforms such as the Technology Summit and Manufacturing and Supply Chain Summit and CE Human Capital Summit. Each panel at ICEMA works to muster the industry’s strength and knowledge to address the various issues and challenges pertaining to the CE industry.

Progressing on a journey to shape the future of the Indian Construction Equipment industry and is committed to working with the Government to achieve the agenda of elevating the CE industry in the global arena. The ICEMA Secretariat, under the guidance of the office bearers and the Governing Council, has undertaken a host of activities and initiatives for 12 The ICEMA Secretariat has been steadily strengthened to enhance streamlining and efficiency of our operations. With a robust capacity and structure in place, ICEMA is progressing on a journey to shape the future of the Indian Construction Equipment industry and is committed to working with the Government to achieve the agenda of elevating the CE industry in the global arena.