We are pleased to inform you that after Successful first edition of Virtual Buyer seller Meet 2021 with WANA and African Aftermarket Buyers, ACMA with the support of Ministry of Commerce & Industries, Government of India is continuing the efforts to organize more Virtual Events and bring the International Buyers at one platform through 2nd edition of Virtual Buyers Sellers Meet with LATAM Aftermarket Buyers to cater to the growing demand of the aftermarket auto parts in the LATAM region. In this COVID-19 Pandemic and the travel restrictions most of the Physical shows are getting cancelled and there is high demand of Virtual shows to keep the industry connected with the world.
The key objective of participation is to help Indian companies to generate leads and maintain their contacts, while allowing them to stay connected with their peers and international buyers. The E-Market Platform with live online business opportunities will enable the Indian companies to showcase their products & solutions to the relevant audience from across regions and promote their products while sitting in the comfort of their home/offices.
The exhibit will showcase Components such as :-
- Hose , Engine mountings, Strut mountings, Exhaust rubber mounts, Extruded rubber - Profiles, Control arm bushes, Oil seals, Mechanical Control Cables, Master Cylinder Repair kit, Shock Absorbers, Struts, Wheel Cylinder Repair Kit.
- Pistons, Piston Rings, Cylinder Liners, Engine Gaskets, Engine Bearing, Engine Valves, Crank shaft, Chain sprocket, Connecting Rods Cylinder heads, Tappets, Spark plugs.
- Crown Wheel Pinion, Clutch Plate & Assembly, Brake Pads/Lining/Shoe, Power Steering Universal Joint, Drive Axle Shaft, Drive Shaft Slip Yoke, Spider Kit, UJ Cross, Ball Suspension Joints, Control Arm, Suspension & Braking, Leaf Spring.
- Diesel Pump Spares, Gasoline Injection Spares, High Pressure Pipes, Feed Pumps, Lubricants.
- Telematics, Sensors, Navigation systems, Starter, Alternator, Lights / lamps, Switches, Horns, Armature, Ignition coils, Batteries.
BENEFITS FOR EXHIBITORS CONNECTING VIRTUALLY @
An Opportunity to meet Quality Indian Auto Component Manufacturers from below products categories
BENEFITS FOR VISITORS
CONNECTING VIRTUALLY @ BSM
The Automotive Component Manufacturers Association of India (ACMA) is the apex body representing the interest of the Indian Auto Component Industry. Its membership of over 850 manufacturers contributes to more than 85 per cent of the auto component industry’s turnover in the organized sector. ACMA is an ISO 9001:2015 Certified Association.
ACMA’s charter is to develop a globally competitive Indian Auto Component Industry & strengthen its role in national economic development as also promote business through international alliances.
The auto component industry which spans across different geographies of the country, is a large, integrated and complex network of suppliers. Today, it contributes 2.3% of the country's National GDP, 25% of the national Manufacturing GDP and employs over five million people. The industry is dominated by SMEs, is one of the key drivers of India’s economic growth and the ‘Make in India’ program.
The auto component industry manufactures a wide variety of products including engine parts, drive transmission and steering parts, body & chassis, suspension & braking parts, equipment & electrical parts, besides others.
In FY 2019-20, the Indian auto-component industry in the backdrop of slowdown in demand and COVID 19 related issue suffered a de-growth and registered a turnover of Rs. 3,49,673 crore (USD 49.3 billion) thus contracting by (–) 11.7% compared to Rs. 3,95,902 crore (USD 57 billion) in FY 2018-19. The CAGR of the industry stood at eight per cent over a period of six years.
The Indian auto component industry exports declined by (-) 3.2% to Rs.1,02,623 (USD 14.5 billion) in FY 2019-20, from Rs.1,06,048 crore (USD 15.16 billion) in FY 2018-19.
Registering a CAGR of eight per cent over a period of six year. Whilst, the industry exports to more than 160 countries including North America and Europe contributing to more than 60% of the industry’s export.
Bunking the trend, the domestic aftermarket remained steady, in fact in rupee term it grew by 2.8 per cent to Rs. 69,381 from Rs 67,491 crore when compared with previous fiscal.
ACMA’s active involvement in trade promotion, technology up-gradation, quality enhancement & collection and dissemination of information has made it a vital catalyst for the component industry’s development in India. Its other activities include participation in international trade fairs, sending trade delegations overseas and bringing out publications on various subjects related to the automotive industry.
ACMA is represented on a number of panels, committees and councils of the Government of India through which it helps in the formulation of policies pertaining to the Indian automotive industry.
For exchange of information and especially for co-operation in trade matters, ACMA has signed various MoUs with its counterparts in Argentina, Australia, Brazil, Canada, Egypt, France, Germany, Hungary, Iran, Italy, Japan, Kazakhstan, Malaysia, Mexico, Nigeria, Pakistan, Poland, Russia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Taiwan, Thailand, Tunisia, Turkey, UK, Mexico, Italy, USA and Uzbekistan..
Further information and data on the Indian automotive industry is available on the ACMA Website: www.acma.in.