Auto Expo 2023 – Components Show, organised jointly by Automotive Component Manufacturers Association (ACMA), Confederation of Indian Industry (CII), and Society of Indian Automobile Manufacturers (SIAM), from January 12-15, closed yesterday with the highest-ever footfall of 1,22,500 business delegates from 65 countries.
The 16th edition of the all-encompassing event, held at New Delhi’s Pragati Maidan, saw over 800 exhibitors from 15 countries and six country pavilions from France, Germany, Japan, Poland, South Korea and the UK, witness packed stalls with business visitors from India and overseas.
The event created a lot of excitement amongst the visitors, who were busy with business meetings, networking, and forming new partnerships with Indian and global players present at the show.
Addressing the CASE megatrend
Held on the overall theme of ‘Technovation – Global Platform for Future Technologies & Innovation’, Auto Expo 2023 – Components Show set the tone for future areas for innovation for India’s automotive component industry. There were more than 1,400 new products on display, many of them addressing industry megatrends including vehicle electrification, reaffirming industry’s commitment to India’s plan for transforming into a sustainable and green future mobility.
Some of the innovations and futuristic products on display included low weight tailgate and sunroof; tyre changing attachment for EVs; energy efficient power control units; nano-catalyst for coating CDPF; friction motor cooling system; semi-solid lithium-ion cell; on-board charger; digital twin benchmarking, Delta costing and Iceberg 3.0; PVC fabric tarpaulin and LSR components for EVs.
Commenting on the event, Sunjay Kapur, President, ACMA said: “Auto Expo Components has grown to be a major event showcasing India’s engineering & manufacturing capabilities. The 16th Auto Expo 2023- Components Show highlights the shift in automotive trends towards clean technology, software, connected, autonomous and shared mobility, and electrification. It is the largest show for the auto component industry in the country, highlighting new technologies, R&D, indigenous solutions, sustainable and responsible manufacturing, and more. Visitors were excited to see advanced and innovative technology solutions for safer driving, which is expected to become increasingly important in the future. The show demonstrates the confidence and readiness of the Indian auto component industry for the future of mobility.”
ACMA is the apex Indian industry body representing the interest of over 800 automotive component manufacturers who contribute to more than 85% of the industry’s turnover in the organised sector.
The automotive value chain, which spans across different geographies of the country, is a large, integrated and complex network of OEMs and suppliers. Today, it contributes 6% of the country’s national GDP, 49% of the national manufacturing GDP and is responsible for over 30 million jobs. The auto component industry is dominated by SMEs which are the key drivers of India’s economic growth and the ‘Make in India’ program.
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