Record footfall of over 1.15 lakh visitors; leading OEMs mark presence, alongside start-ups, EV component players and traditional component manufacturers
The 15th edition of Auto Expo 2020 Components Show, organised jointly by Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM), concluded on 9 February, 2020. The automotive trade show was organised on the theme ‘Technovation - Discover Innovations for Future.’ It reflected the potential of Indian auto component industry to adopt the latest advancements in BS6 and Emissions, EVs, Safety, and e-mobility.
A key aspect of the expo was that about 400 companies launched over 1,200 new products, which exhibits component industry preparedness to support the transformation in automotive space. This also underlined their focus on R&D and innovations, the organisers noted. A total of 16 companies participated in the Technovation pavilion, out of which about 10 showcased latest EV components like lithium battery packs and chargers, powertrain components and software application. The pavilion also had eight start-ups who showcased their innovative products and solution across segments for the very first time. About 200 international exhibitors participated at the Expo, representing over 20 countries, with the presence of pavilions dedicated for countries like Japan, South Korea, UK, Germany, Turkey and Canada.
Deepak Jain, President, ACMA, said the show truly reflects the confidence in the Indian auto component industry and its readiness for the future of mobility. It is noteworthy that the exhibitors displayed world class, generation-next products, which is conforming to the theme ‘Technovation,’ he added. Jain noted that the show also portrays the capability and the willingness of the component industries in India to align them with the Government’s vision of making India a $ 5 trillion economy by 2025, of which Auto component industries contribution will be $ 250 billion.
The display of innovative & advanced technologies, EV components and emphasis on import substitution for electric vehicles is of a great importance, noted Vipin Sondhi, Chairman, Trade Fair Council, CII, and Managing Director and CEO, Ashok Leyland. He said it holds key to the future of mobility, as well as promise to become successful internationally.