Aftermarket Universe- ACMA Automechanika showcases array of aftermarket products at its maiden virtual edition
India's leading trade fair in automotive service industry, ACMA Automechanika marked its virtual launch. The two-day on-going virtual fair (22 – 23 April 2021) showcases over 1000 product displays from around 75 brands, key product demonstrations as well as panel discussions led by media and research experts.
Brands like Schaeffler India (principal partner) and eBay (associate partner) will showcase their latest products alongside Ajit Industries, Benara Udyog, Elofic, Steel Impex, KK Lighting, Industrias Del Recambio, Farad Italy, Indo-MIM Pvt Ltd, and Esteem Auto Pvt Ltd. marked their presence at this digital marketplace for automotive aftermarket players. With 200+ meetings conducted, 1500+ contacts made, countless conversations initiated at the live product demos and panel discussions.
Raj Manek, Managing Director & Board Member, Messe Frankfurt Asia Holdings Ltd said: "2020 was one of the most challenge-ridden years for us all. But It is time now to shift gears and focus on development and continuity of business. This objective is at the core of Automechanika’s vision as the leading trade fair brand for this sector."
"The Aftermarket in India is probably the most vibrant and fastest growing segment of our industry. In 2019-20, it stood at USD 9.8 billion, with a CAGR of 12 percent while the overall turnover of the Auto Component Industry stood at USD 50 billion with a CAGR of 8 percent. It is interesting to note that last year, which was probably the most challenging year for us due to the out-break of the pandemic, all segments of the industry, be it supplies to OEMs, or exports or the imports, suffered badly, however, the aftermarket remained robust. This reflects the undying spirit of the aftermarket as also its strong potential. That apart, our exports stood at USD 14.5 billion in 2019-20 and 20% of this are directed to the aftermarket." Deepak Jain, President – ACMA
I hope all the attendees benefit from the interesting discussions and virtual connections during these two days which we will soon transform into face-to- face encounters at the physical tradeshow of ACMA Automechanika New Delhi in 2023." concluded Manek.
To know more about the exhibition: www.acma-automechanika.in