Released ICEMAICRA-Invest India
Report on Indian
CE industry during
Manufacturing &
Supply Chain Summit
in February 2024.
Coordinating
with the concerned
stakeholders
for long-term
visibility of the
infrastructure
project pipelines.
Recommendations to
Government on FTAs for
boosting exports to
15-20% of India’s
CE production and
strengthening relations with
the neighbouring markets.
Draft Scrappage Policy
for CE, similar to the one
in Automotive sector,
to facilitate smooth
transition of equipment
towards changing
emission norms.
ACTIVITY HIGHLIGHTS
S.M.A.R.T. INFRA PANEL
Mentor
Mr. Deepak Shetty
President-Designate
ICEMA
CEO & Managing Director
JCB India Ltd.
Convener
Mr. Ramesh Palagiri
Managing Director & CEO
Wirtgen India Pvt. Ltd.
Co-Convener
Mr. Sandeep Kalra
Sr. Vice President,
Sales & Marketing JCB India Ltd.
The panel is mandated to engage with Central ministries based on National Infrastructure Pipeline (NIP) for domestic demand, equipment intensity enhancement in infrastructure development projects, take measures to boost exports and to initiate discussions with the stakeholders to explore new avenues for growth of the industry.
Terms of Reference
1. To engage with various stakeholders in end-user industry and Government for mapping the CE demand to realise the vision of 3x growth of industry by 2030. 2. To coordinate with NIP, Central Government stakeholders for long-term visibility of project pipeline, monitoring of ongoing projects and address issues and challenges being faced by CE industry.
3. To recommend / provide inputs to Government departments/agencies on adoption of global best practices in infrastructure projects (may include enhancement of equipment intensity, use of advanced/high-tech equipment etc.)
4.To identify potential International Markets and make recommendations to Govt. on FTAs, mechanisms/schemes and policies for boosting exports to 15-20% of India’s CE production for leveraging the supply chain in India for the export opportunities.
5.To work with industry members for exploring new avenues for growth including entire life cycle value creation including aftermarket, secondary market, attachments and emerging sectors (forestry, waste / water management, power installations, demolition & scrap management etc.). Impact of Vehicle scrappage policy on CE Industry demand to be assessed.