Source: PIB Press Release
Union Commerce and Industry Minister Shri Piyush Goyal unveiled the curtain raiser for Bharat Buildcon 2026 in New Delhi, where leading representatives from the industry were present.
In his address, Shri Goyal said the government is fully committed to protecting Indian industries from unilateral measures taken by other nations. He encouraged industry leaders to point out areas where new markets are needed and assured that the Commerce Ministry is working closely with international partners to create fresh opportunities for Indian businesses.
He further highlighted that boosting domestic consumption remains a priority. The upcoming GST Council meeting is expected to introduce measures that will quickly stimulate demand and strengthen domestic manufacturing.
Shri Goyal encouraged participation in Quality Control Orders (QCOs) to ensure India emerges as a trusted global supplier of high-quality products. He confidently noted that India’s exports this year are expected to surpass last year’s, reflecting the competitiveness and resilience of Indian industry.
Quoting Prime Minister Shri Narendra Modi, Shri Goyal reiterated the vision of “Zero Defect, Zero Effect” manufacturing and “Daam Kam, Dum Zyaada”—products that are affordable yet powerful. He also stressed that infrastructure development continues to be central to India’s growth agenda.
The Minister pointed out that India’s capabilities are sometimes underestimated by experts and media, but Indian industry, startups, and workforce resilience demonstrate the nation’s strong global potential. India has successfully navigated COVID-19 challenges and nuclear sanctions, positioning itself strongly in global trade.
International Opportunities: Australia Housing Market
- Australia faces a shortage of nearly 1 million homes.
- Shri Goyal invited Indian businesses, professionals, and workers to leverage this opportunity.
- Opportunities include financial collaboration, technical expertise, workforce participation, and certification training.
- He called it a game-changer for India’s construction and financial sectors.
Free Trade Agreements (FTAs) and Global Trade
- India’s expanding FTA network includes Australia, UAE, Switzerland, Norway, Liechtenstein, Iceland, and the UK, with ongoing talks with the European Union.
- Countries like Qatar and UAE are keen to expand trade relations with India.
- These agreements are expected to strengthen export potential for construction, steel, and allied sectors, while supporting clean energy and manufacturing growth.
Shri Goyal congratulated the organizers of last year’s Bharat Buildcon and encouraged the 2026 edition to be industry-led, suggesting it extend beyond Delhi, involve international stakeholders, and ensure participation from all allied sectors. He also highlighted India’s export potential in steel and iron ore, estimating 50 million tonnes of steel annually.
Concluding his address, Shri Goyal said, “Let us build infrastructure that binds India together,” positioning Bharat Buildcon 2026 as a showcase of India’s strength, innovation, resilience, and global competitiveness.
Main Exhibition Details:
- Dates: April 29 – May 2, 2026
- Venue: Yashobhoomi Convention Centre, New Delhi
- Focus: India’s building and construction market, valued at over USD 1 trillion, across 37 allied sectors, including cement, tiles, sanitaryware, paints, hardware, and electricals.
Objectives: Promote exports, attract investment, and establish India as a trusted global supplier.