According to Deepak Jain, President, ACMA, the collaboration will promote localisation of auto components, reduce the import of substandard components and make the industry prices globally competitive.

The trade fair, where leading 580 auto component manufacturers from 13 countries, will propel the growth of Indian auto aftermarket by showcasing latest products and technologies.

With the automotive sales zooming, the aftermarket sector is witnessing a boom. The Indian automotive aftermarket , which has grown at a compounded annual growth rate (CAGR) of 14 per cent in the last five years, is estimated to grow at Rs 75,000 crore by the fiscal year 2020, stated a CII report.

Samvardhana Motherson Auto Systems (SMAS) is the global aftermarket arm of SMG - the $ 10.5 billion group with operations spread across 41 countries.

Bringing the latest aftermarket advancements from 16 countries, ACMA Automechanika New Delhi will kick off this year on 14 February.

India’s leading aftermarket exhibition, ACMA Automechanika New Delhi, successfully reinforced its position as a reliable sourcing and networking platform for Indian auto-components and the aftermarket. The exhibition, which successfully concluded in March, hosted 552 exhibiting companies from 17 countries, showcasing the latest trends in aftermarket and facilitated serious business discussions over the four days.

Oerlikon Drive Systems segment, with its two brands Oerlikon Fairfield and Oerlikon Graziano, presented its latest technologies for the automotive service industry at the ACMA Automechanika 2017 exhibition in New Delhi.

As a supplier of wide range of light repair maintenance auto parts, ACDelco, a division of General Motors Technical Centre India launched its exclusive ‘Cabin Air Filter’ product program in the 3rd Edition of the ACMA Automechanika show.

The Automotive Engineering Show is set to enter north with an aim to tap the high-potential NCR cluster. The organisers - Messe Frankfurt Trade Fairs India - announced that Automotive Engineering Show will make its debut in New Delhi in March 2017 alongside ACMA Automechanika New Delhi.