FSBI Mumbai 2024: Fire Safe Build India

Event Name: FSBI: Fire Safe Build India
Category: Building Construction
Event Date: 01 – 03 February, 2024
Frequency: Annual
Location: Jio World Centre – 3V78+6MG, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400098 India
Organizer: NürnbergMesse India Pvt. Ltd. 707-708, 7th Floor, Prestige Meridian 1, 29, M G Road, Bengaluru 560001 India
Phone: +91 (80) 46748883 / +91 (80) 46748886 / +91 (80) 46748888
Email: belliappa.mk@nm-india.com
Timings: 10:00 AM – 18:00 PM
Tickets: –

India’s Only Platform For Passive Fire Protection Solutions

FSBI Mumbai 2024: Asia’s Only Focused Event For Passive Fire Protection

The demand for fire protection systems is expected to increase with its increased application across various sectors including oil & gas, construction, energy & power, transportation & logistics amongst others. Technological advancements, rapid urbanization, & economic advancements are some of the other factors which are expected to contribute significantly to the growth of the fire protection system sector. The global passive fire protection market size is expected to gain momentum by reaching USD 5.4 billion by 2028 from USD 4.0 billion in 2021 while exhibiting a CAGR of 4.5% between 2021 to 2028.

Passive Fire Protection is now becoming a requirement in India across multiple sectors. India being one of the fastest developing economies in the world, the volume of infrastructure activities has increased on a very large scale, creating a huge demand for passive fire protection products and technology. The premier edition of Fire Safe Build India is expected to cater to this growing demand and create a decisive platform for the Industry to converge and discuss future technologies and policy framework.

NuernbergMesse India is pleased to announce the launch of Fire Safe Build India 2024 (FSBI) which will be held from 01 – 03 February, 2024 at Jio World Centre, Mumbai.

FSBI will be the first-ever focused exhibition and multi-dimensional platform showcasing products, solutions and technology for the passive fire protection Industry. Leading Stakeholders from the Industry will gather to disseminate information, gain knowledge, exchange ideas, exhibit, discover innovative perspectives, solutions and products.

The demand for fire protection systems is expected to increase with its increased application across various sectors including oil & gas, construction, energy & power, transportation & logistics amongst others. The global passive fire protection market size is expected to gain momentum by reaching USD 5.4 billion by 2028 from USD 4.0 billion in 2021 while exhibiting a CAGR of 4.5% between 2021 to 2028.

The rapid growth of sectors such as oil and gas, automotive, marine, tunnelling & transportation and aviation is also driving expansion.

Speaking on the occasion Sonia Prashar, Managing Director and Chairperson of the Board at NürnbergMesse India (P) Ltd. said, “Continuous review and upgradation of fire safety norms is a key factor for ensuring safety and security for the general public. The influx of urbanization along with rapid development in infrastructure has led to a rise in concern over fire safety and the subsequent need for technological enhancement. Passive Fire Protection is now becoming a requirement in India across multiple sectors. India being one of the fastest developing economies in the world, the volume of infrastructure activities has increased on a very large scale, creating a huge demand for passive fire protection products and technology.”

Highlights:

Aerospace Industry

In India, the aerospace industry is growing significantly with the rising activities from both the defence and civil aviation sector. With increasing demand for large aircraft from Indian carriers, many of India’s aerospace services and manufacturing activities are expected to be carried out. Similarly, as India’s defence capital expenditure spending is continuously growing, there are also many opportunities in defence aerospace. This offers opportunities for start-ups as well as further expansion for existing players. The Indian aerospace & defence (A&D) market is projected to reach ~US$ 70 billion by 2030, driven by the burgeoning demand for advanced infrastructure and government thrust. Defence and aerospace continues to be a strong pillar for India and key government systems such as Make in India to succeed. The Defence Ministry has set a target of 70% self-reliance in weaponry by 2027, creating huge prospects for players in the industry.

Infrastructure

The Infrastructure in India is estimated to grow at a CAGR of approximately 7% during the forecast period. Government plans to invest about INR 102 lakh crore on infrastructure projects by 2024-25. The five-year-long National Infrastructure Pipeline (NIP) will enter its second year in FY21, during which INR 1,950,397 crores are to be invested. About INR 19.5 lakh crore has been budgeted during FY21 as part of the NIP. Urban infrastructure, road transport, energy, and Railways account for about 70% of allocation this 2020. About 42% of the projects in the NIP are under implementation, which means construction work is already going on. Another 19% is under a development stage, while a big 31% is still in the conceptual stage. During the fiscals 2020 to 2025, sectors such as Energy (24%), Roads (19%), Urban (16%), and Railways (13%) amount to around 70% of the projected capital expenditure in infrastructure in India.

Petrochemicals

India’s petrochemicals capacity is projected to grow by more than 30 percent in the 2017–2025 period. The number of domestic refineries with linked petrochemical capacity is expected to grow from 12 (out of 22) in 2010 to 19 (out of 24) in 2030.

Ports

India has 12 major and 205 notified minor and intermediate ports. Under the National Perspective Plan for Sagarmala, six new mega ports will be developed in the country. India has plans to invest US$ 82 billion in port projects by 2035. Indian ports received cumulative FDI inflow worth US$ 1.63 billion between April 2000 and June 2021.

Warehousing

Warehousing transactions in the primary markets will grow at a compound annual growth rate of 19% to 76.2 million sq. ft. by FY26 from 31.7 million sq. ft. in FY21. Elucidating this growth, a recent report by Savills India also reveals that the leasing of industrial and warehousing spaces across 8 major cities went up by 35% during 2021, wherein the fresh supply rose 64%. With such a remarkable expansion, the sector has established itself as one of the most resilient asset classes that continues to bring significant capital.

Automotive Industry

The automotive industry in India is the fourth-largest in the world as per 2021 statistics. In 2022, India became fourth largest country in the world by valuation of automotive industry. As of 2020, India is the 5th largest automobile market in the world, surpassing Germany in terms of sales. Currently India’s auto industry is worth of more than US$ 100 billion and contributes 8% of the country’s total export and accounts for 2.3% of India’s GDP.

Why Participate?

FSBI Mumbai 2024: Exhibitors Profile