The automotive industry is shifting gears – as it witnesses an uptick in vehicle consumption in Q2 FY 2020-21. With health and safety taking precedence, mobility needs and consumer sentiments have led to a rise in vehicle buying – and demand for private vehicle has picked up with green shoots emerging in the two-wheeler and small car segments.
Major carmakers reported a near 20 percent jump in August domestic passenger vehicle sales compared to last year which is expected to further rise during the festive season. This growth, combined with car parc of second-hand vehicles due to increased private-car use, is expected to lead to a rise in aftermarket demand. The shifting trends have brought with it a surge in omni-channel aftermarket models as well as ‘new normal’ aftermarket solutions.
Re-starting the business year under the new normal, the 2021 edition of ACMA Automechanika New Delhi will therefore undoubtedly be marked in the automotive industry calendar as the “first meeting point” for auto component and aftermarket players to come face-to-face for business. The 5th edition will be crucial to re-build customer connections and re-unite businesses in the auto segment through its array of displays for the ‘new normal’.
Initially set to be hosted in February 2021 at Pragati Maidan, New Delhi, the 5th edition has been rescheduled to 22 – 25 April 2021 at the same venue. The organisers believe that hosting the fair at a later date in the new financial year will enable the industry to re-connect in a secure b2b environment, creating a stronger impact and rightly serving its objective of business, knowledge and tech-exchange.
Raj Manek Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd. said: “Until now – we were majorly talking about sustainable mobility. The pandemic has now forced us to re-look for innovative solutions for safe, smart and sustainable mobility and auto component suppliers need to assess the impact of these disruptive trends on their business. 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. We are also exploring a hybrid model for the 2021 edition to enhance business networking and overall exhibition experience for the industry.”
Vinnie Mehta, Director General, ACMA said: “With shifts in supply chains, mobility and consumer sentiment and focus on ‘Aatmanirbhar’ and local manufacturing, the aftermarket sector represents a growth avenue. This is the perfect time for auto component players to come together to plan the route ahead. As the industry is gearing up to take on 2021, we are geared up to provide a safe, successful and dynamic business platform.”
