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BAUMA Forum Hall C2 |
Monday April 19, 2010 14:00 - 17:00 h |
Construction and Infrastructure Industry in India |
14:00 - 14:05 |
Welcome |
H.E. Sudhir Vyas, Ambassador of India to Germany, Embassy of India, Berlin |
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14:05 - 14:15 |
Key Note Address by Chief Guest |
Kamal Nath, Union Minister for Road Transport and Highways |
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14:15 - 14:45 |
Recent trends in the Indian Construction Equipment Industry |
Ranaveer Sinha, Chairman, Indian Earthmoving & Construction Industry Association Ltd. |
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14:45 - 15:15 |
Status of Construction Machinery Industry in India and Experience with German Manufacturers |
B.D. Mundhra, Chairman, Simplex Infrastructures Ltd. |
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15:15 - 16:00 |
Participating in India's Infrastructure Growth - Legal and commercial issues |
Prashant Mara, Co-Head India Group, Osborne Clarke Ramesh Vaidyanathan, Director Legal, GVK Group |
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16:00 - 16:30 |
Foreign Invested Equipment Manufacturer Success |
Anand Sundaresan, Managing Director, Schwing Stetter India |
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16:30 - 17:00 |
Fundamentals for Successful Market Entry |
Klaus Maier, Managing Director, Maier+Vidorno GmbH |
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17:00 |
Closing Remarks |
Rajesh Nath, Managing Director, VDMA India Office, Kolkata |
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Kamal Nath, India's Minister of Road Transport and Highways
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In an interview with Maier + Vidorno, Mr. Kamal Nath, the Indian Government+s Minister for Road Transport and Highways explained that the objective it to make India's highway system world class.
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"India is an attractive foreign investment destination because the world economic revival hinges on higher consumption/ spending/ investment worldwide and Asia, and in particular countries like India, can afford such spending. India is in its Eleventh Five Year Plan and highways have a large shelf of projects that are on offer. Given our historical underinvestment in highway infrastructure and the role this sector can play in stimulating economic growth, we believe it is imperative that adequate investment flows are attracted to this segment.
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"A responsive administrative system is a must for any development process and our administration is establishing processes and procedures to remove the impediments that were hampering the process of award of road projects in the past.
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