ACMA Automechanika New Delhi will kick off on February 1, 2024
03 Apr 2023 | 4654 Views | By Autocar Professional Bureau
Private and commercial vehicle production in 2022 increased by nearly 20 percent and roughly 30 percent respectively, on increased demand and fewer supply chain disruptions as compared to FY21. That’s the word coming in from the Auto Components Industry Review by ACMA, which adds that consumers have started to move ...
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Private and commercial vehicle production in 2022 increased by nearly 20 percent and roughly 30 percent respectively, on increased demand and fewer supply chain disruptions as compared to FY21. That’s the word coming in from the Auto Components Industry Review by ACMA, which adds that consumers have started to move towards more powerful vehicles across all segments.
ACMA Automechanika New Delhi will kick off on February 1, 2024 bringing the latest aftermarket advancements in the auto components industry. The three-day event will witness the who’s who of the automotive industry converging at Pragati Maidan, New Delhi to take advantage of endless business opportunities presented, make connections, and build new relationships.
Vinnie Mehta, Director General, ACMA said, “Growing demand for long-distance travel and crossover vehicles further raises the need for regular maintenance and vehicle parts replacements. India’s automotive market has strong growth potential, resulting in increased demand for automotive parts. The country has also witnessed the rise of new entrants in the mobility space. India had a trade surplus of US$ 700 million for auto components demonstrating strong demand for exports. The mega event will serve as a hub for networking and collaboration, both locally and globally, as well as a platform for discussing key issues and trends in the industry.”
The automotive sector and rising vehicle ownership in rural markets of new and used vehicles are driving demand for aftermarket auto components in India. The auto-components industry has grown 23 percent year on year, on the back of strong export performance & replacement market growth. India is the third largest car manufacturer globally and an emerging global hub for automotive component sourcing and manufacturing.
Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings said, “With India emerging as a key global market for automobiles and auto components, ACMA Automechanika New Delhi 2024 will provide a unique opportunity for industry stakeholders to come together and showcase the latest technologies & solutions for the aftermarket. Mutual collaboration within the industry is important now more than ever and ACMA Automechanika New Delhi will be the convergence point to take these discussions ahead and enhance business networking and overall exhibition experience for the industry. With a focus on sustainability, digitalization, and electrification, the fifth edition of the trade fair, will be an ideal showcase of the fast-evolving Indian aftermarket.”
The Automechanika brand is recognised as one of the most influential events for the aftermarket business globally. ACMA Automechanika New Delhi is one of 14 Automechanika fairs held across Europe, Asia the Americas, and Africa.