New Delhi – The Automotive Components Manufacturers Association of India (ACMA) announces the much anticipated first edition of Automotive Aftermarket Expo to be held to be held under the aegis of ACMA Mobility Foundation (AMF) on December 06 and 07, 2024 at Samrat Ashok International Convention Centre, Gandhi Maidan Road, Patna. The two-day event is poised to bring together a diverse range of automotive component players from across India’s aftermarket industry.
This Automotive Aftermarket Expo is an exclusive platform designed to foster collaboration, promote business, and empower professionals in the Aftermarket ecosystem. That apart, the event aims to educate mechanics, dealers, retailers, and
wholesalers about the significance of using authentic and quality spare and replacement components.
On the launch of the event, Vinnie Mehta, Director & Secretary, ACMA Mobility Foundation said, “We are happy to bring the ACMA Automotive Aftermarket Expo to Patna. The presence of such a diverse and renowned group of participants in the event reflects the industry’s commitment to excellence and bring about continuous improvement in the delivery of aftermarket products and services. The Automotive Aftermarket Show in Patna is all set to become a landmark event in Eastern India, uniting key stakeholders and providing a platform for knowledge exchange, strategic networking, and business development. The expo will feature over 30 exhibitors from the aftermarket, displaying 1000+ products with several new product launches.”
Ramashankar Pandey, Chairman of the Aftermarket Sub-Pillar at ACMA Mobility Foundation, sharing his insights on the event, said, “As we organise the ACMA Aftermarket Expo in Patna, it is indeed very encouraging to see the industry’s commitment to showcase the latest technologies and products. Acknowledging the immense potential for employment, entrepreneurial growth, and business prospects in and around Patna and Eastern India, ACMA has taken a deliberate step to engage with this market and carry forward our mission of promoting genuine spare parts, reinforce vehicular safety, and ensure a holistic progress of our industry.”
Industry leaders like Brakes India, Elofic Industries, Gabriel India, J.K. Fenner (India), Lucas Indian Service, Minda Corporation, Rane Aftermarket Business, Sandhar Automotive System, Steelbird International, , Suprajit Engineering, Talbros Indiparts, Tata AutoComp GY Batteries., UNO Minda, Varroc Engineering, ZF Wabco Aftermarket and many more will be displaying their innovative offerings, promising an enriching experience to the business visitors.
The expo anticipates a footfall of over 5,000 business visitors, featuring an impressive display of more than 1,000+ products. In tandem several B2B meetings have been organized to facilitate networking and partnership opportunities.
In FY 2023-24, the turnover of the auto component industry stood at Rs. 6.14 lakh crore (USD 74.1 billion). With increased movement of vehicles and surge in demand for used vehicles, the total turnover of the aftermarket in India surged to Rs. 93,886 crore (USD 11.3 billion). Further, with increase in e-commerce, the aftermarket is witnessing enhanced penetration especially in the hinterland and a gradual evolution into organised sector.
The auto components aftermarket in Bihar and Jharkhand represents around 5% of the total national market. The region is home to a thriving ecosystem of around 155 automobile dealers, 1,000 auto component retailers, and numerous repair workshops/garages, predominantly in urban centres such as Patna, Gaya, Bhagalpur, Muzaffarpur, Munger, Ranchi, Jamshedpur, Bokaro and Dhanbad. Moreover, many workshops operate along highways, catering to both rural and suburban areas.
