The 16th edition of Auto Expo - 2023 Components, jointly organised by The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM) kicked off today at New Delhi's Pragati Maidan.

Themed ‘Technovation - Global Platform for Future Technologies & Innovations for Automotive Industry”, it was inaugurated by Dr. Mahendra Nath Pandey, Union Minister for Heavy Industries along with Sunjay J Kapur, President, ACMA and chairman Sona Comstar; Sanjiv Bajaj, President, CII and chairman & MD, Bajaj Finserv and Vinnie Mehta, Director General, ACMA.

L-R: Vinnie Mehta, Director General, ACMA; Sanjiv Bajaj, President, CII and CMD, Bajaj Finserv; Dr. Mahendra Nath Pandey, Union Minister for Heavy Industries,  and Sunjay J Kapur, President, ACMA and chairman, Sona Comstar.

Speaking at the inauguration, Dr. Mahendra Nath Pandey said, “The participation of over 800 manufacturers from over 15 countries at the 16th Auto Expo components is a testament to the success of the show and the automotive fraternity. It is commendable to see the strong growth of the industry over last few years, contributing more than 2.3% to the overall GDP of the country.”

Sunjay Kapur, President, ACMA said” “The automotive industry worldwide is shifting towards a greener and smarter mobility. Envisioning Aatmanirbhar Bharat, Indian auto components manufacturers must focus on R&D, innovation, and localisation, leading the way to 'Future of Mobility’. The 16th Auto Expo - Components Show is themed 'Technovation' to synergise with these transformations focusing on electrified, digitised, sustainable and eco-friendly mobility solutions. We are confident that the expo will provide a world-class platform for participants to showcase their engineering capabilities and technological prowess.”

The mega show has attracted the participation of over 800 companies from 15 countries including Canada, France, Germany, India, Israel, Italy, Japan, Poland, Singapore, South Korea, Switzerland, Taiwan, Thailand, the UK, and USA. Over 115,000 business visitors are expected to witness the event which also sees pavilions dedicated to countries like France, Germany, Japan, Poland, South Korea, and the UK.