SME Times News Bureau | 11 Feb, 2020
                   
  Start-ups, EV component players alongside
traditional component manufacturers demonstrate tech capabilities in Auto
Expo 2020, said industry body CII. 
 
  400 companies launched 1200 new products. The
four-day expo witnessed record footfall of over 1.15 lakh visitors
 
  Leading OEMs like Maruti, Mahindra & Mahindra,
Tata, Kia Motors, Ashok Leyland marked their presence at Auto Expo: 2020 Components
 
  The 15th edition of Auto Expo 2020 Components
organised jointly by Automotive Component Manufacturers Association of India
(ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile
Manufacturers (SIAM), concluded successfully today. 
 
Expressing satisfaction on 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,”he said. 
 
  It is noteworthy that the exhibitors displayed
world class, generation next products, which is conforming 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 USD 5 trillion-dollar economy by 2025, of which Auto
component industries contribution will be USD 250 billion, he added.  
 
Speaking at event, Vipin Sondhi, Chairman CII, Trade Fairs Council and CEO
& Managing Director, Ashok Leyland, said “I want to congratulate ACMA, CII
and SIAM for organizing 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 & 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,
he added. 
 
Another key aspect of the expo was that around 400 companies launched over 1200
new products, which exhibits component industry preparedness to support the
transformation in automotive space. 
 
  It also underlines their focus on R&D &
innovations. With over 1500 exhibitors and 1.15 lakh visitors, the 15th edition
of the Auto Expo 2020 Components stays as the biggest auto component expo held
till date.
 
The expo themed ‘Technovation - Discover Innovations for Future’ reflected the
potential of Indian Auto Component Industry to adopt the latest advancements in
BSVI & Emissions, EVs, Safety, and e-mobility. 
 
  There were 16 companies participated in the
Technovation pavilion, out of which around 10 companies showcased latest electric
vehicles components like Lithium Battery Packs & Chargers, Power-train
components and software application etc. 
 
  The pavilion also had 8 Start-up who showcased
their innovative products and solution across segments for the very first time.
 
Organized from 6th to 9th February 2020 at Pragati Maidan in New Delhi, the
Auto Expo 2020 – Components saw over 1,500 companies exhibiting their latest
products & solutions, of which 200 are international exhibitors from over
20 countries. 
There are pavilions dedicated for countries like
Japan, South Korea, UK, Germany, Turkey and Canada at the expo.