commercial vehicles segment in india: scaling new heights · indywood film carnival 2018 was a...

© All rights reserved. ‘Point of View’ is a bi-monthly from HITEX.

February 2019 ISSUE | Vol. 34

UPCOMING EVENTS: CREDAI PROPERTY SHOW | IIFJAS HYDERABAD | FURNITURE FAIR 2019

| GARVI GURJARI NATIONAL BUYER SELLER MEET | MEDICALL | FRO EXPO 2019 | FURNITURE

AND INTERIOR EXPO 2019 | GRUHAPRAVESHAM 2019

Commercial Vehicles Segment in India:

Scaling New Heights and Heading Towards a Promising Future

www.hitex.co.in

A perfect

day-out in a historical fortress

ATTR

ACTI

ONS

IN T

ELAN

GANAbhongir

Fort

Distance from HiteX:

travel time: 100

Kms02 hrs

Bhongir Fort was built on an isolated monolithic rock by the

Chalukya ruler Tribhuvanamalla Vikramaditya VI in the 1076

and was named after him as Tribhuvanagiri, later renamed as

Bhuvanagir also known as Bhongir.

The fort sits on a unique egg-shaped rock hill more than 500 feet high. Constructed in 50 acres, the fort can be seen bounded by two massive rocks at both the points of entrance of the fort for tight security.

At the beginning of the steps is a Hanuman Temple. Kannada and Telugu inscriptions in the fort highlight the lifestyle of the people of that era. The inscriptions, the architecture and some sculptures found in the fort reveal that the fort was ruled by the Chalukya dynasty for a long time and then by the Kakatiya dynasty. In the 15th century, the fort was ceded to the Bahamani Sultans and then was taken over by a local governor.

The stone wall, the steps through the granite archways and the crumbling stucco ruins of the later age, still adorn the place. The splendid historical fort with the awe-inspiring rock and the aesthetically fortified courts which have stood the ravages of time stir the imagination.

A moat that encircles the fort, a vast underground chamber, trap doors, an armoury, stables, ponds, wells etc., make for fascinating viewing. The fort is associated with the rule of the heroic queen Rudramadevi and the countryside is simply breath-taking. The Bala Hisar or citadel on the top of the hill gives a bird’s eye view. It is believed that there once was an underground corridor connecting Bhongir Fort with Golconda Fort.

Pollution-free, less crowded and very close to Hyderabad city with easy transport, a trip to Bhongir Fort is a perfect day-out when visiting Hyderabad.

Thanks to the growth in ecommerce and retail sectors, the logistics explosion in India in last five years has been immense and elevated the flow of goods creating a high demand for light, medium and heavy commercial vehicles.

India is currently the 7th largest manufacturer of commercial vehicles and is expected to become the 4th largest by 2020. Customer-friendly loans from nationalized and scheduled banks and financial institutions are boosting the sales of commercial vehicles. There is a great increase in exports – especially to new markets in Africa, Middle East and South Asia.

Speaking about the events at HITEX, in the last two months we have catered to signage & printing, senior services, cement & construction, kids care, pet care, medical equipment, aerospace, logistics, event décor and catering, furniture and aqua farming sectors. Our own shows 13th Hyderabad Kids’ Fair and PETEX INDIA’18, which were held in December 2018, saw great success.

The diverseness of events at HITEX makes it one of the most preferred venues in India for events of all statures. We have some of the biggest events happening in the next two months at HITEX.

We have more updates on these and what’s happening at HITEX in the pages inside.

K. V. Nagendra PrasadCOO, HITEX

Businesses of all sizes depend on the commercial vehicles segment to deliver their products safely to all corners of the nation. Commercial vehicles handle much more cargo than trains, ships or planes. Goods can never travel from rail yards, ports and airports to their final destinations without the commercial vehicle services. The segment is one of the key components that shape the economy of India.

Commercial vehicles make their economic contribution by delivering raw materials to manufacturers and then transporting the finished products across the supply chain. Commercial vehicles penetrate into areas where other forms of transport cannot, thereby contribute towards the integration of backward areas into the national mainstream.

MEssagE frOM COO

www.hitex.co.in 54 Point of View bi-monthly | February 2019 ISSUE | Vol. 34

Commercial vehicles segment is an important component of the economy and the backbone of the trade. Commercial vehicles segment in India has gained high momentum over the last 2-3 years and has emerged to be the 7th largest manufacturer of commercial vehicles in 2017.

As per the Society of Indian Automobile Manufactures (SIAM) data, the commercial vehicles segment posted a growth of 19.9 per cent YoY in 2018. MHCVs grew by 12.5 per cent with increase in infrastructure projects while LCVs grew by 25.4 per cent owing to improvement in semi-urban and rural consumer markets with two consecutive years of good monsoons and a stable interest regime.

Light Commercial Vehicles (LCVs) and Medium & Heavy Commercial Vehicles (M&HCVs) have posted growth of 25.42% and 12.48% respectively, with total sales of over 8.56 lakh units in India.

M&HCVs, which cater to logistics companies for long-distance transport and companies in infrastructure, metal and mining sectors, contribute around 3 per cent of the total commercial vehicles sales. LCVs cater to short -haul transportation and last-mile connectivity and contribute the major chunk with around 54 per cent of the total sales.

The SIAM data indicates that the commercial vehicles segment is likely to continue its growth momentum around 10-12 per cent in 2019. The MHCVs market is expected to grow in around 9 to 11 per cent while LCVs market is expected to grow around 10-12 per cent.

Trucks have been riding the growth in the M&HCVs space with a growth rate of 100% in vehicles with 35-40 tonnes and saw total sales of 27,936 units. The growth is driven by urbanization, growth in the rural economy, rising incomes and surging e-commerce business. To cater to the increasing demand of trucks in India, manufacturers are investing heavily to roll out BS-VI compliant trucks by April 2020. Buses - especially private, stage-carriage, tourist and schools are expected to record around 11 per cent growth.

Furthermore, urbanisation and expansive infrastructure development is creating a huge demand for heavy duty construction and mining vehicles throughout India. Awarding of contracts by the National Highways Authority of India rose 70 per cent to around 7,400 km in fiscal 2018, much of which are for execution in fiscal 2019. The government is likely to focus on major river linking projects in its irrigation thrust and housing construction under Pradhan Mantri Awas Yojna. These schemes will also boost demand for commercial vehicles.

Electric commercial vehicles are expected to grow at 100% by 2024, owing to the growing need for controlling greenhouse gases emitted by vehicles. To encourage the use usage of electric commercial vehicles, the Government of India had launched FAME — Faster Adoption and Manufacturing of Hybrid & Electric Vehicles programme in 2015 and sanctioned `437 crore for the procurement of 390 electric buses for 11 major cities.

Key factors influencing the sectorgrowth in rural demandThe rural economy, representing 69 per cent of India’s population, is worth USD 1 trillion and contributes 45 per cent to GDP. The small & medium enterprises account for ~30% while agriculture contributes ~15% to GDP. Improving farm income, hike in minimum support price and announcements on farm loan waiver by various states and expectation on good monsoon rainfall for the third consecutive year resulted in growing rural demand. This was also visible in improvement in volume growth for FMCG companies.

Nielsen report reveals that rural market’s volume growth for FMCG companies outpaced urban market during FY2018. During the year, volume growth in rural market for commercial vehicles clocked 9.7 per cent YoY compared to 8.6 per cent YoY in urban areas.

scrappage policy, gsT and restrictions on overloadingThe proposed policy of scrapping of vehicles older than 20 years is helping the growth of the segment. Experts believe that the implementation of the policy would be a step in the right direction and is expected to support the growth momentum in near to

medium term. The implementation of the GST and restrictions on truck overloading in certain states have helped truck sales in FY 2018. The strong demand for commercial vehicles in FY 2018 has not only improved capacity utilization levels for many commercial vehicle dependent companies but also resulted in expansion plans.

Owing to favourable growth outlook and BS-VI norms, commercial vehicle companies are planning cumulative investments to the tune of over Rs.50 bn for the next two years.

road aheadImproved infrastructure in various parts of the country will further drive in growth in the heavy-duty truck segment. Experts believe that both LCVs and M&HCVs will see large growth in domestic market as well as exports to meet the rising demand in Middle-East, Sri Lanka, Bangladesh, Africa and South America. Market leaders including Tata Motors, Ashok Leyland and Mahindra & Mahindra are equally focusing on domestic demand and expansion in the new markets in Asia, Africa and the Middle East.

With Government’s aim to make India a manufacturing hub, growing investments and demand in domestic and international markets, Indian commercial vehicles segment is poised to scale new heights in the years to come.

06 Point of View bi-monthly | February 2019 ISSUE | Vol. 34 www.hitex.co.in 07

Commercial Vehicles Segment in India:

Scaling New Heights and Heading Towards a Promising Future

Teamw rk

Effective teamwork is an important aspect of an organisation’s success. There are many benefits of teamwork, most notably, increased motivation in employees.

A study by Stanford University in 2014 suggests that when people are treated as partners or team members – even when physically apart – their motivation increases. Motivation in employees means more success for the organisation.

The most important building block for an effective team is communication. It is crucial for the team members to develop the necessary skills to communicate effectively with each other.

An effective team is one that sticks together and exhibits openness, trust and respect from each member towards others.

Openness – Team members should be willing to get to know each other and open up about themselves so that they understand they all have diverse backgrounds and interests. This helps them to be more open to new ideas and different viewpoints.

Trust – Team members should trust each other enough to be comfortable sharing ideas and feelings. As the trust builds, they will learn to be honest and respectful in their approach to each other.

respect – It is important that team members do not focus on blaming each when things go wrong. Instead, they should focus on ‘how to fix it’ and ‘how to learn from the mistakes’. Constructive feedback and mutual respect will help a team achieve results much faster.

EFFECTIVE

Key for

successKey for

success

M E S S E B I S T R O (Operated By: Green Park Hospitality Services)

Ground Floor, Trade Fair Office Building, HITEX, Izzat Nagar, Hyderabad | T: +91 91212 11188

R E S T A U R A N T

When you are in HITEX for your next business trip, drop in at Messebistro and Savour the best of flavours and signature dishes from

Indian, Chinese and Continental Cuisines.

Unleashing the tastier side of business meetings and trade shows...

Walk in or Call us today to avail Special Offers.

Timing 10 AM

to 11 PM

INDYWOOD FILM CARNIVAL

1st to 5th December, 2018 Organizer: Indywood Entertainment Consortium

Indywood Film Carnival 2018 was a one-stop platform to showcase the latest technology and future possibilities in the entire spectrum of filmmaking, skill development, pre-production, production, technical support, post-production, distribution, marketing and release among others. The event comprised of the All Lights India International Film Festival (ALIIFF), Indywood Film Market, Indywood Talent Hunt, Investors Meet and an array of Excellence Awards.

CONCLUDED EVENTS INDIAJOY

1st to 6th December, 2018 Organizer: Telangana VFX, Animation & Gaming Association

Indiajoy was an aggregator event bringing together Animation, Visual Effects, and Gaming Industry. Indiajoy comprised conference, investors meet and exhibition and showcased best talent, promise and potential of the animation, VFX, gaming and digital entertainment sector. The event had B2B arena for business and B2C arena for gamers and hosted over 20,000 visitors.


UNMUKT FESTIVAL

15th & 16th December, 2018 Organizer: KW Conferences Pvt Ltd

Unmukt Festival was a one-stop shop for lifestyle products and services specially designed for seniors (and their care-givers) to help them choose options to ensure better living. The event featured workshops and exhibition focusing on health and wellness, home healthcare, senior housing, technology, finance and legal segments.

SIGN INDIA 2018

14th to 16th December, 2018 Organizer: Business Live Trade Fairs

Sign India 2018 was a meeting ground for manufacturers, importers, traders, distributors, converters and end- users in the signage industry. Various leading brands showcased innovative equipment and innovative technology and launched new products. Professionals from signage industry from across India attended the event.


SUNDAY SOUL SANTE

23rd December 2018 Organizer: Sunday Soul Sante

Sunday Soul Sante was a celebration of life through fun, flea, food and music thereby capturing the pulse of contemporary art and culture in India and the world. Sunday Soul Sante bridged the arts, entertainment and retail space of India by bringing together performing artists, artisans, designers, enthusiasts and people from various walks of life.

CEMENT EXPO 2018

28th to 30th December, 2018 Organizer: ASAPP Info Global Services

CEMENT EXPO 2018 offered a common platform to companies and brands from cement and allied sectors to come together and explore potential opportunities. Exhibitors showcased products, equipment and technologies pertaining to cement, concrete, construction material and infrastructure. Integrated events Indian Cement Review Conference and Indian Cement Review Awards enabled knowledge sharing and networking in the community.


12TH HYDERABAD KIDS’ FAIR

28th to 30th December 2018 Organizer: HITEX

12th Hyderabad Kids’ Fair delivered an edutainment extravaganza with informative and enjoyable activities and extensive shopping options for kids and families. The Fair featured creative learning, competitions, exciting games, arts & crafts, workshops, interactive sessions, science exhibits, music, singing & dancing, fancy dress show and many more fun activities for kids. Thousands of kids and families participated in the Fair. Leading brands showcased a wide range of products that appealed to kids of all ages.

PETEX INDIA 2018

29th & 30th December 2018 Organizer: HITEX and The Hyderabad Canine Club

PETEX INDIA 2018 brought together pet care brands, pet care professionals and pet owners & enthusiasts under one roof. The event facilitated pet care brands to showcase their products, understand market trends, generate highly targeted business leads and build brand recognition value. Conferences led by eminent veterinarians helped pet care professionals and pet lovers understand key aspects of pet care and pet health. Concurrent events FCI- HyCan ’19 International Dog Show and HCF International Cat Show featured competitions for dogs and cats of various breeds.


INDIA MED EXPO

4th to 6th January 2019 Organizer: G India Technologies

India Med Expo provided the best opportunities to explore the enormous Indian healthcare market with special focus on the growing demand and rising investments in potential metropolitan areas. Exhibitors showcased products pertaining to medical technology, surgical equipment, hospital equipment, hospital furniture, home healthcare, medical laboratory equipment, diagnostics, physiotherapy, disposables, orthopaedic technology, commodities and consumer goods for hospitals.

www.hitex.co.in 19

TENT DÉCOR AND CATERING INDIA 2019

4th to 6th January 2019 Organizer: Eagle Trade Fairs

Tent Décor and Catering India 2019 brought together organizations and brands from tent, decorative, events & catering sectors on a common platform to showcase the latest developments and modern equipment. The event aimed at the south Indian market and attracted the industry players, dealers and decision makers from the corporate and public sectors in the region and delivered a strategic setting to forge business tie-ups.

18 Point of View bi-monthly | February 2019 ISSUE | Vol. 34

14TH ASIA OCEANIA ORL HNS CONGRESS 2019

10th to 13th January 2019 Organizer: The Association of Otolaryngologists of India

14th Asia Oceania ORL HNS Congress 2019 brought together clinicians, surgeons, scientists, practitioners and technicians from global medical fraternity to discuss innovations, best practices in the Otorhinolaryngology and related medical specialties. The scientific programme at the congress featured plenary lectures, breakout sessions and workshops lead by world renowned experts in Otolaryngology.

AERODEF INDIA MANUFACTURING

17th to 19th January 2019 Organizer: Infinity Exhibitions & Conferences Pvt Ltd

AeroDef India Manufacturing provided an exclusive platform for Indian and International aerospace and defence equipment manufacturers to explore design engineering & IT solutions, components, maintenance, repair & overhaul, raw materials, sub-assemblies and finished products and sub contract essential manufacturing processes like forging, machining Indian Micro, Small and Medium Enterprises. Exhibitors included original equipment manufacturers, raw material suppliers, DPSUs and strategic partners.


GLOBAL LOGISTICS SHOW 2019

17th to 19th January 2019 Organizer: Infinity Exhibitions & Conferences Pvt Ltd

Global Logistics Show 2019 was a premier meeting place for India’s logistics and supply chain sector. The event covered the entire spectrum of logistics services and brought together professionals and organizations involved in the handling, moving and transportation of goods throughout the supply chain.

BIG FURNITURE EXPO

18th to 20th January 2019 Organizer: I Ads And Events

Big Furniture Expo showcased diverse choices of home & office furniture, interior design, upholstery, sectionals, framed artworks, wooden artifacts, metal sculptures, lamps and decorative lighting and modular kitchen equipment.


AQUAEX INDIA 2019

31st January to 2nd February 2019 Organizer: Aqua Farming Technologies & Solutions Pvt Ltd

AquaEx India 2019 showcased the latest technologies, modern equipment, services, support schemes from government, investment opportunities, advice, branding, return on investments, output trends, import/export, process automation, training, logistics, packaging and marketing in fisheries and aquaculture. AquaEx India is the largest event for Fisheries and Aquaculture in South Asia.

ACETECH

25th to 27th January 2019 Organizer: ABEC Exhibitions & Conferences Pvt Ltd

ACETECH provided a common platform for national and international brands, eminent architects, real estate developers, hoteliers, equity investors, builders, engineers and designers from India and the world to meet on a common platform and explore latest developments in architecture, construction and engineering industry. The unique forum gave an opportunity to create long-lasting impressions and better business networking opportunities among the decision makers of the architecture, building materials, innovation and design industries.


UPCOMING EVENTS

CREDAI PROPERTY SHOW

15th to 17th February, 2019 Organizer: Confederation of Real Estate Developers Association of India

CREDAI Property Show will showcase wide-ranging properties, including villas, apartments, open lands and commercial spaces, real estate investment opportunities and property-financing services in Telangana and other parts of India under one roof.

IIFJAS HYDERABAD

22nd to 24th February, 2019 Organizer: Radiaant Expositions Ltd

India International Fashion Jewellery & Accessories Show (IIFJAS) is India’s largest and oldest trade fair in fashion and jewellery industry. The event attracts leading fashion designers of India, fashion stylists, renowned buying-houses and buying-agents, television production houses and many top-notch retail outlets, apart from wholesalers, retailers, traders, importers and exporters.

26 Point of View bi-monthly | February 2019 ISSUE | Vol. 34 www.hitex.co.in 27

MEDICALL

8th to 10th March, 2019

Organiser: Medexpert Business Consultants Pvt Ltd

Medicall is a leading hospital needs expo bringing together companies to showcase their innovative products and services under one roof. The event attracts eminent physicians, surgeons, paramedical staff, hospital management professionals, and dealers of medical equipment.

FRO EXPO 2019

9th to 10th March, 2019 Organizer: Franchise India

FRO EXPO is India’s premier business investments tradeshow for highly evolved prospects, qualified investors and entrepreneurs from across India and the world. The event will feature some of the most accomplished business ideas, business summits and seminars focusing on the fast growing MSME industry in India.

GARVI GURJARI NATIONAL BUYER SELLER MEET

25th to 27th February 2019

Organiser: Praveg Communications Limited

Garvi Gurjari National Buyer Seller Meet provides a definitive marketing platform to the weavers and artisans of Gujarat to showcase their products directly to the national buyers. The buyers in turn get an exclusive opportunity to deal directly with artisans, weavers, etc. and get first-hand information about their products and enter into business deals.

FURNITURE AND INTERIOR EXPO 2019

15th to 17th March, 2019 Organizer: Prompt Trade Fairs India Pvt Ltd

Furniture and Interior Expo will showcase extensive furniture, furnishing, interior design products, handicrafts, wardrobes, modular kitchens, decorative art pieces & lighting and home décor products.

FURNITURE FAIR 2019

22nd to 25th Feb, 2019 Organizer: I Ads and Events

Furniture Fair 2019 will showcase a wide-ranging exclusive designs of traditional and contemporary furniture, furnishings, handicrafts, paintings, artifacts, frames, modular kitchens, outdoor and office décor and many more allied products from across the globe under one roof.

GRUHAPRAVESHAM 2019

23rd to 24th March, 2019 Organizer: India Property Online Pvt Ltd

GRUHAPRAVESHAM is India’s first and longest running series of virtual and offline property

shows. The expo creates a market place where builders and allied service sellers meet and

interact with property seekers.

Hyderabad International Trade Expositions Ltd.Trade Fair Office Building, 1st Floor, HITEX, Izzat Nagar, Hyderabad - 500 084, Telangana. INDIA

T : +91 40 2311 2121 / 22 / 23 | F : +91 40 2311 2124 | E: [email protected] | www.hitex.co.in

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hItEx, hydErabad

THE VENUEFOR SUCCESSPREMIER NEXUS FOR CONFERENCES, EXHIBITIONS, AND TRADE FAIRS IN INDIA

• Centrally located: 2 Hours flight from any major city in INDIA

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commercial vehicles segment in india: scaling new heights · indywood film carnival 2018 was a...

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