ACMA concludes 9th iAutoConnect, highlighting global opportunities for Indian Auto Components
Over 90 exhibitors and 170 international buyers from 40+ countries attended ACMA’s iAutoConnect, fostering connections to showcase India’s manufacturing capabilities and support government efforts to strengthen India’s presence in the global auto component market.
The Automotive Component Manufacturers Association of India (ACMA), representing the Indian auto component industry, concluded the ninth edition of its iAutoConnect event, a reverse buyers-and-sellers meet held at Yashobhoomi, New Delhi. Supported by the Ministry of Commerce & Industry, Government of India, the event was inaugurated by Vimal Anand, Joint Secretary of the Ministry of Commerce, and Ms. Shradha Suri Marwah, President of ACMA and CMD of Subros. Both leaders highlights the government’s focus on enhancing India’s role in the global auto component market.
The two-day event provided a platform for Indian component manufacturers to present their products to international aftermarket distributors and dealers. This year’s iAutoConnect featured 91 domestic exhibitors and drew over 170 buyers from more than 40 countries, including those from Africa, ASEAN, Eastern Europe, Latin America, SAARC, and West Asia.
The event allowed international buyers to assess the advanced manufacturing standards, technological capabilities, and competitiveness of the Indian auto component industry. Ms. Shradha Suri Marwah, President of ACMA, noted that iAutoConnect has become a key platform for the Indian automotive component industry, facilitating access to international markets. She expressed optimism that these interactions would foster partnerships to expand the reach of Indian-manufactured components globally, supporting the ‘Make in India for the world’ initiative.
The Automotive Component Manufacturers Association of India (ACMA) is the primary organisation representing the Indian auto component industry. Established in 1959, ACMA serves as a central platform for manufacturers, distributors, and exporters of automotive components, helping them align with industry standards, technological advancements, and regulatory frameworks. With more than 800 members, ACMA’s network covers a substantial share of the auto component industry in India, catering to both domestic and international markets.
ACMA’s activities include policy advocacy, technology support, and market development, aimed at strengthening the sector’s competitiveness on a global scale. The association actively collaborates with government bodies to shape policies that encourage growth and innovation in the auto component industry. It also organizes trade shows, conferences, and events such as iAutoConnect, a reverse buyers-and-sellers meet that facilitates partnerships between Indian manufacturers and global buyers.
Additionally, ACMA provides training and technical support to its members, focusing on areas like quality control, innovation, and sustainable practices. Through these initiatives, ACMA contributes to the government’s ‘Make in India’ initiative, promoting India as a preferred sourcing destination for automotive components. ACMA’s efforts reflect its commitment to fostering an ecosystem that supports India’s growth in the global automotive supply chain.
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By Sarthak Mahajan
12 Nov 2024
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