ACMA Automechanika’s aftermarket proposition is led by innovative products and viable industry solutions in its fourth edition.
Team ACI
ACMA Automechanika is back in a new avatar in the fourth edition. Underway from February 14 – 17’ 2019 at Pragati Maidan, New Delhi, the leading trade fair for automotive aftermarket inaugurated today brings with it the aftermarket proposition that is led by innovative products and viable industry solutions. With future technologies taking centre stage, and steered by market leaders like Bosch India, Delphi Automotive Systems, Elofic Industries Ltd, Mansons International, Minda Distribution and Services, the fourth edition of ACMA Automechanika is claimed to witness a participation of 580+ exhibitors from across India, Germany, Japan, Dubai, Hong Kong, Italy, Belgium, Lithuania, USA, Korea, UAE. The country pavilions this year comprise of stalls from across China, Korea, Taiwan and the U.K. With an exhibitor expanse of 11 halls spread across 19533 sq.m, said to be more than twice since its debut year in 2013, the exhibition is expected to register a footfall of 15,150 visitors who have ample to chose from this year. Averred Vinnie Mehta, Director General, ACMA, “ACMA Automechanika New Delhi is one of the key aftermarket shows in India. We are excited with the response we have received from the participants so far and are looking forward to a power packed event this year.” “The aftermarket in India grew by 9.8 per cent to Rs.61,601 crore (USD 9.2 billion) in 2017-18 from Rs.56, 096 (USD 8.4 billion) in 2016-17. We are hoping for a highly engaging event with buyers and sellers from across the world,” he added. Expressed Raj Manek, Executive Director and Board Member of Messe Frankfurt Asia Holding Ltd, “The automotive market is witnessing a rapid technological transformation. In tune, regulatory changes in India are also redefining the domestic aftermarket. As organisers, we strive to bring these transformative technologies to the show floor and are looking forward to yet another record-breaking opening in 2019.”
Among seminars this year, ACMA has introduced a knowledge oriented session enabling the Indian auto component industry to adapt to Industry 4.0 standards. The session will also focus on global aftermarket trends and shed light on how India can learn from them. Sessions on leveraging the advantages of Artificial Intelligence (AI) and the Internet of Things (IoT) would also bring to the fore the future trends of the components industry. For instance, this year, Mansons International will focus on creating their brand presence in the Indian and European CV component sector. Emphasising on components related to NVH, driveline and cabin categories, Gautam Khanduja, Managing Director, Mansons International stated, “In recognition of its prominence as a key meeting platform for the Auto Components Industry, we expect a sold out event for ACMA Automechanika 2019 which endorses our decision to be a key partner for this important global scale Indian event.” Another market leader in the components industry, Atek has emphasised on the importance of ACMA Automechanika at the launch of the event. “We feel it is a great launch platform as it brings in foreign buyers as well. We are excited to launch Atek’s Control Arm Range for the Indian market, alongside our new generation vehicle range,” mentioned Namman Chaudhary, Managing Director, Atek. Visitors can additionally witness the ‘Air Impact Wrench With Twin Hammer Mechanicism’ on display by Airboss Air Tools, IONSTAR anti-static pistol for body shops by Hermann-Lack-Technik GmbH, common rail tester by Mato Industries, Heavy Duty V-Profile Clamps for CVs and industrial vehicles by Oetiker India Pvt Ltd. The diverse exhibitor areas are segmented this year such that the display of parts and components manufacturers are said to have the highest contribution of 66 per cent this year, followed by exhibitors from the repair and maintenance sector at 18 per cent, the aftermarket component manufacturers from electronics and systems sector at 13 per cent, accessories and customising segment at 11 per cent, car wash, care and reconditioning at about three per cent and management and digital solutions at one per cent to make up for the rest. Out of the 13 countries participating, India is claimed to be the largest contributor, with 179 exhibitors participating from China, 19 from Taiwan, 10 from Hong Kong, six from Japan, five from Italy, five from South Korea, four from Germany, four from Thailand and three from the UK. A healthy mix of component manufacturers from overseas is perhaps indicative of India’s footprint in the component manufacturing sector globally.
Undergoing a paradigm shift with the emphasis on zero tailpipe emissions leading to the production of cleaner machines across segments, the Indian automotive sector through ACMA Automechanica has brought to the fore, forward innovations in-line with the rising demand for lower emission solutions both across the OEM and aftermarket segment. According to the Automotive Component Manufacturers Association of India (ACMA), the Indian auto-components industry is expected to register a turnover of USD 100 billion by 2020 backed by strong exports ranging between USD 80 to USD 100 billion by 2026. With the Government of India’s Automotive Mission Plan (AMP) 2006–2016 known to have come a long way in ensuring growth for the sector, the Indian Automobile industry is expected to achieve a turnover of USD 300 billion by the year 2026 and expected to grow at a rate of CAGR 15 per cent from its current revenue of USD 74 billion. With the Government’s Automotive Mission Plan (AMP) 2016-26 expected to help the automotive industry to grow, the contribution of auto industry in the country’s GDP could well rise to over 12 per cent, creating an estimated 65 million incremental number of direct and indirect jobs. As per a Crisil research, the Indian auto-components industry is set to become the third largest in the world by 2025 with the Indian auto-component makers well positioned to benefit from the globalisation of the sector as exports potential rise by up to USD 30 billion by 2021E.
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Read https://autocomponentsindia.com/india-to-play-key-role-in-future-of-automotive-design-engineering/
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