Dr Rajan Katoch, Secretary, Department of Heavy Industry, Ministry of Heavy Industry and Public Enterprises, Government of India, was Chief Guest at Second Edition of ACMA Automechanika being held from February 26-March 1, 2015.
The ongoing messe received overwhelming response with participation of over 400 exhibitors from 12 countries. Along with ACMA Automechanika, the first ACMA Global MSME Summit – Make in India: Evolving Manufacturing through Globalisation gains traction offering a platform for small and medium enterprises in the country to demonstrate their entrepreneurial prowess, innovation and technological advancements.
Spread across 16000 sq mtrs, ACMA Automechanika sees participation from Brazil, China, Germany, Hungary, Indonesia, Italy, Japan, Korea, Malaysia, Poland, Spain, Taiwan, Thailand, UAE, USA and the UK. The exhibition will offer visitors more awareness of aftermarket players and ways and means of procuring genuine auto parts, core component technologies and aftermarket products with enhanced performance not only from local manufacturers and suppliers but from global players. Asli Naqli pavilion and Messe Frankfurt Against Copying campaign emphasise the risks of fake parts, and draw attention to how real and fake parts could be differentiated.
A directory of potential importers of aftermarket parts and accessories across 18 countries was released at the ACMA Automechanika New Delhi trade fair to draw attention to the ever increasing after market segment which is slated to increase to INR 77,000 crores (US$12.85 billion) by the year 2020.
Dr. Katoch says Indian automotive aftermarket is at stage where it offers a promising future. Opportunities arising raise challenges, so, the Indian auto component industry must develop an organised supply chain and integrate with service and repair segment.
Ramesh Suri, President, ACMA says the Indian automotive component aftermarket industry turnover for 2013 was Rs 36,000 crore (USD 6 billion), and is projected to reach Rs 77,000 crore (USD 12.85 billion) by 2020. Industry cumulative growth rate was reported at 15 pct in FY14. Overall component industry growth is foressen in a single digit and aftermarket in double digits for 2015.
Michael Johannes, Vice President, Brand Management Automechanika, Messe Frankfurt Exhibition GmbH says ACMA Automechanika New Delhi overs a wide product variety, and covers the automobile industry value chain in its entirety for improved networking between local suppliers and global manufacturers.
U.P Telelinks Ltd is showcasing a battery operated electric three wheeler vehicle. IP 68 waterproof Seal Gen2 Series self-recovery winches by Comeup Industries, LPR s.r.l’s EasyKit to replace old parts all at once, and an alternative to replace clogged diesel particulate filters by Liqui Moly is being shown.