Pages Navigation Menu

Official Website of the Indian Embassy of Budapest, Hungary

Trade Fair: iAutoConnect 2017: Reverse Buyers Sellers Meet 11-13 October, 2017: Gurgaon, India

Dear Visitor,

 

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the auto component industry in India with the support of Ministry of Commerce, Government of India is organising the 2nd iAutoConnect 2017 from 11-13 October, 2017. The objective of this event is to provide ACMA member companies a platform to showcase their product offerings and manufacturing excellence to further enhance component exports globally.  With a membership of over 780 companies, ACMA represents the industry on a number of Government panels and interacts with international agencies to promote business linkages between companies in India and overseas.

 

The Indian Auto Component sector which contributes around 4% to the Indian national GDP, is a USD 40 billion industry today, with USD 11 billion in exports to over 160 countries.

 

The recent Automotive Mission Plan, jointly scripted by the Ministry of Heavy Industry and the Automotive industry, envisages a component sector to be USD 200 billion by 2026 with exports of USD 70 to 80 billion. Today, 80% of our exports are supplied to global OEMs/ Tier 1s and 20% to the aftermarket.

 

This event would witness a congregation of over 150 Automotive buyers/ distribution houses from countries like Iran, Africa, Central & Eastern Europe (CEE), CIS, ASEAN, West Asia, Japan etc. and over 200 Indian auto component suppliers participating to meet the above buyers. Last year, iautoconnect 2016 witnessed participation of 44 countries with 150 buyers and over 200 Indian Autocomponent Manufacturers as sellers.

 

For further information on the event, please click here visit iAutoConnect 2017.