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Auto Expo 2020 Components

03/03/2020 | Author: Autoguide | 0 Comments Back To Home   < Previous News   |   Next news >

The inauguration ceremony

The 15th edition of Auto Expo 2020 Components came to its successful culmination on February 9. Over 1,500 exhibitors, including 200 international companies from 20 countries, showcased the latest technology and innovations in the auto component sector at the biennial event. 
Around 400 companies launched over 1,200 new products, which exhibited the component industry’s preparedness to support the transformation in automotive space. With 1.15 visitors, the 15th Auto Expo 2020 Components turned out to be the biggest show held till date.
The expo, held from February 6 to 9 at Pragati Maidan in New Delhi, had dedicated pavilions for countries like Japan, South Korea, UK, Germany, Turkey and Canada.
Themed ‘Technovation - Discover Innovations for Future’, the expo reflected the potential of the Industry to adopt the latest technological advancements in BS-VI emissions, EVs, safety, and e-mobility.
Sixteen companies participated in the Technovation pavilion out of which around 10 showcased latest electric vehicles components like lithium battery Packs & chargers, powertrain components and software applications. The pavilion also had eight start-ups which showcased their innovative products and solutions across segments for the first time. 
Organised jointly by the Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM), the four-day trade show witnessed presence of ministers like Mr Arjun Ram Meghwal, Union Minister of State, Heavy Industries & Public Enterprises and Parliamentary Affairs, Mr Goutham Reddy, Minister for Industries & Commerce and IT, Government of Andhra Pradesh and Mr Arun Goel, Secretary in the Department of Heavy Industries, Ministry of Heavy Industries & Public Enterprises. 
Top representatives from auto majors like Maruti Suzuki India, Tata Motors, Kia Motors and Ashok Leyland also visited the fair to experience advancements in the auto component sector.
Expressing satisfaction at the success of the show, Mr. Deepak Jain, President, ACMA, said, “It is indeed a pleasure to have organised such an extravagant show, the confidence shown by component industry and the trade visitors alike is reassuring. 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, gen-next products, which is in conformity with the theme ‘Technovation’. The show also portrays the capability and the willingness of the component industries in India to align itself with the Government’s vision of making India a $5-trillion economy by 2025, of which auto component industry’s contribution will be $250 billion.”  
Mr Vipin Sondhi, Chairman CII, Trade Fair Council and MD and CEO, Ashok Leyland, said, “I want to congratulate ACMA, SIAM and CII for organising a world-class exhibition in a phase which is going through a disruption and discontinuities. The footfall at the exhibition itself is resounding proof of confidence in the component industries. The display of innovative and advanced technologies, EV components and emphasis on import substitution for electric vehicles is of a great importance. It holds key to the future of mobility, as well as promise to become successful internationally.”
The Andhra minister congratulated ACMA, CII and SIAM for organising such an extravagant show of international repute. The Government of Andhra Pradesh, he said, would like to extend the support to ACMA, CII and SIAM in the years to come. “We would extend all support to develop a vibrant automotive value-chain ecosystem in the state”, said Mr Reddy
Heavy Industries Secretary Mr Arun Goel also expressed his pleasure at the success of this platform. “The technological leap achieved by the auto industry will be critical to usher in the next phase of growth”, he said.

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