Fabtech 2009 Starts Tomorrow
The Coimbatore District Small Industries’ Association (CODISSIA) will organise Fabtec India 2009, a fabrication and welding exhibition, here from January 21 to 25. K. Ilango, president of the association, and D. Gandhikumar, chairman of the event, told presspersons here on Monday that the fair would be organised in association with P.E. Schall GmbH, one of the biggest global exhibition organisers. CODISSIA signed a Memorandum of Understanding with Schall to organise the fair so that more international participants could be brought in. The economic slowdown was affecting all sectors and this was an opportunity to develop, modernise and reach out to more customers.
Mr. Gandhi Kumar said about 80 per cent of the machinery to be displayed would be from foreign companies. Manufacturers from Japan, Austria, the Netherlands and Germany would participate. BEML and ICF were opening manufacturing facilities in Kerala and this was an opportunity for the units in Coimbatore. The city had about 150 suppliers for Suzlon and Larsen and Toubro and this number would also go up. Nearly 100 entrepreneurs here were involved in fabrication and another 100 do coating. The annual turnover of the fabrication companies here was nearly Rs. 200 crore and this had the potential to go up to Rs. 2,000 crore in another two or three years. However, this required at least Rs. 500 crore investment in the sector.
The power sector was emerging in a big way in the country and about Rs. 1,00,000 crore investment was expected in it in another five years.The fair would have about 65 participants and they would bring in the latest technology. By adopting these technologies, units here would be able to reduce wastage. The fair would be held at the CODISSIA Trade Fair Grounds. The organisers had distributed about 70,000 entry passes. The entry fee was Rs. 50 in the morning (except for those who have entry pass or give their business card) and Rs. 20 in the afternoon.
