Pumps, Valves & Fittings (PVF) Gujrat World Expo 2017
Pumps, Valves & Fittings Gujrat World Expo 2017 will provide the opportunity to the manufacturers and suppliers to display the equipment during the three - day expo and engage directly with the user industry in the local market.
India holds enticing proposition as low cost manufacturing hub for western & multinational pump manufacturers. Stable economy coupled with continuing investments in core manufacturing sectors are expected to fuel the growth of the pumps valves & compressors market. Indian market is expected to grow at much faster pace and the demand will be driven by Infrastructure, Power generation, Building services, Metals, Cement Water & wastewater and oil & gas sectors.
"Pumps, Valves & Fittings (PVF) Gujrat World Expo 2017" Expo is a new vertical added to the series of Chemtech Foundation’s series of International Exhibition and Conferences. Keeping the ever-increasing demands for pumps and valves in mind, Chemtech Foundation through PVF 2015, aspire to provide a unique platform to pumps, valves and fittings manufacturers to showcase their offerings and contribute to the growth of Indian industries.
MEET LOCAL and GLOBAL CUSTOMERS
During 'PVF 2015' Expo, manufacturers will get an unconstrained chance to showcase their products to local and global chemical, petrochemical & processing industry, refineries, major oil and gas companies, water and waste water treatment solution providers, pharmaceutical industry, and power sectors. Participation of Small Scale Enterprises (SME) will be added advantage. (Manufacturers can register to our
SME Matchmaking Services for Free)
CONNECT WITH ENGINEERING CONTRACTORS
A number of EPC companies both Indian and Global will participate in the conference and exhibitions. PVF Gujrat World Expo 2017 will amplify opportunities for pumps and valves manufactures to engage with the EPC players and build business network enabling them to be part of ongoing as well as future EPC projects in India and abroad.
SHOWCASE LATEST TECHNOLOGY
Energy efficiency has always been a crucial element associated with performance Pumps and Valves. People have already started talking about Equipment powered by renewable energy sources, especially solar pumps. Further, with the strict environment regulations in chemical, petrochemical industry, the optimum quality of pumps and valves has become top most priority for end-users. The International Exhibition in Chennai will allow manufacturers to flash their brand at international platform.
Chemtech World Expo is already an established platform and PVF participants have terrific opportunity to have focused interactions with key companies from different sectors such as Water, Pharma, Speciality Chemical, Petrochemical, EPC, Automation, Oil and Gas, etc. further, through SME Matchmaking Services, pumps and valves manufacturers and supplier can connect to SME instantly.
OPPORTUNITIES FOR PUMPS AND VALVES MANUFACTURERS IN INDIA
According to Frost and Sullivan, the CAGR Pumps and Valve Industry would be between 15 and 17 per cent for the next 5 years.
The pump industry is growing at the rate of 15 per cent per year. The organized sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.
Oil & gas, water & wastewater treatment plants and fertilisers, and power generation and heavy industries like cement and metal will be the key growth drivers.
A number of upstream projects by ONGC, Cairn Energy, Essar Oil, HOEC and Reliance Industries Limited will boost the demand for pumps and valves.
Increasing water requirement due to rapid urbanisation, industrialisation and agricultural growth have enhanced the demand for pumps.
The refining capacity is expected to rise from 153 million tons per annum (MTPA) to 245 MTPA by 2015.
The global market for pumps is said to be about US $47 billion, with a growth rate of 4.4% per annum. Indian manufacturers have got abundant opportunities to meet the increasing demand.
With many multinational companies entering into Indian market, the competition is going to be intense.