The second edition of the Automotive Component Manufacturers Association (ACMA) of India organised automotive trade fair, ACMA Automechanika Delhi got kick-started at Pragati Maidan on February 26. The show will conclude on March 1.
From (L-R): Arvind Kapur, Chairman-Trade Fair Committee, ACMA; Ramesh Suri, President, ACMA; Dr. Rajan Katoch, Secretary, Department of Heavy Industry, Ministry of Heavy Industry & Public Enterprises, Government of India; Michael Johannes, Vice President, Brand Management Automechanika, Messe Frankfurt Exhibition GmbH and Sandeep Balooja, Vice-President, ACMA.
According to the media statement issued by ACMA, 400 exhibitors from twelve nations are showcasing the latest auto components spread across 16,000 square meters. The show started off on a promising note and the exhibition launched speciality products, auto components and innovative aftermarket accessories by leading manufacturers from India and slew of countries including Brazil, China, Germany, Hungary, Indonesia, Italy, Japan, Korea, Malaysia, Poland, Spain, Taiwan, Thailand, the UAE, the US and the UK.
Stalwarts of the automotive industry and officials from various government agencies attended the inaugural ceremony, officiated by Dr. Rajan Katoch, Secretary, Department of Heavy Industry, Ministry of Heavy Industry and Public Enterprises, Government of India and the Chief Guest.
Dr. Katoch, while speaking on the occasion, said: “The Indian automotive aftermarket is at an inflection point where the aftermarket offers a promising future, but the opportunities that arise will come with their share of challenges. Therefore, the Indian auto component industry must develop and cultivate an organised automotive aftermarket supply chain for the industry and integrate with the service and repair segment.”
Underscoring the opportunity in the Indian aftermarket industry, Ramesh Suri, President, ACMA, said: “The Indian auto component aftermarket industry clocked a turnover of Rs.36,000 crore ($ 6 billion) in 2013 and is projected to touch Rs.77,000 crore ($ 12.85 billion) by 2020. The Indian aftermarket industry recorded an impressive cumulative growth rate of 15% in FY14. This year we expect the overall component industry to grow in a single digit while the aftermarket will continue to grow in double digits.”
Michael Johannes, Vice President, Brand Management Automechanika, Messe Frankfurt Exhibition GmbH, the joint organiser of the show, said: “ACMA Automechanika New Delhi, with its unrivalled and broad spectrum of products, covers the value chain of the automobile industry in its entirety and offers a specialised platform for business networking between local suppliers and global manufacturers. With industry majors as well as many new companies and country pavilions this year, there is a lot to discover and explore for trade visitors.”
Anti counterfeit drive
At the exhibition ACMA Automechanika New Delhi, ‘ACMA’s ‘Asli Naqli’ Pavilion and Messe Frankfurt Against Copying’ campaign not only aimed at educating aftermarket professionals about disadvantages and risks involved in using fake parts for vehicles, but also allowed visitors to evaluate parts and components and distinguish real from fake, to make well-informed procurement decisions.
Some of the new products on display at the fair included Electric vehicle – battery operated three wheeler by U.P Telelinks Ltd, IP 68 waterproof ‘Seal Gen2 Series’ self-recovery winches by Comeup Industries Inc, LPR s.r.l’s EasyKit that allows mechanics to replace old parts all at once, an economical alternative for replacing clogged diesel particulate filters by LIQUI MOLY among others.
First global MSME Summit
On the sidelines of the ACMA Automechanika New Delhi exhibition, ACMA also unveiled the first ACMA Global MSME Summit: ‘Make in India – Evolving Manufacturing through Globalization’ which focussed on Indian small and medium enterprises and the evolution of global MSMEs in terms of entrepreneurial ability, technology upgradation and innovation. The session also gave an opportunity to understand business openings in adjacent industries like Off-Highway Vehicle, Urban Transport System, Defence (Indigenisation) and Agricultural Machinery.
ACMA also launched a Directory of potential Importers of Aftermarket Parts and Accessories across 18 countries at the ACMA Automechanika New Delhi trade fair. This is yet another of ACMA’s effort in enabling global outreach of its members and capture the huge upside opportunity in the aftermarket.
Spread across halls 8, 9, 10, 11, 12 and 12 A of Pragati Maidan, New Delhi, the exhibition provides visitors an ideal meeting ground with aftermarket players to learn about the opportunities and procure genuine auto-parts, core component technologies and hi-performance aftermarket products from world-leading manufacturers and suppliers across the globe.