The fifth edition of Automotive Component Manufacturers Association (ACMA) India’s Automechanika organised by Messe Frankfurt is going to be hosted in New Delhi from 1^st to 3^rd February, 2024 at Pragati Maidan. 

This edition will present over 100 new participants on a 25,000 sqm show floor. The fair will also host knowledge-sharing sessions, conferences and discussions to expand opportunities for networking and collaboration. 

Solutions from brands like Schaeffler, ZF India, Mahle Aftermarket, NRB Bearings, Mansons International, Subros, J K Fenner, Minda Corporation, RMP Bearings, Celette India and several others will be on display. The list of international brands includes Sampa Otomotiv, Liqui Moly, Industrias Del, Recambio and more from USA, UAE, Germany, Russia, Korea, Italy, Belgium, Taiwan, Thailand and China. Additionally, four dedicated international pavilions will be created for Germany, Korea, Taiwan and Thailand.

Showcasing exclusive solutions for two-wheelers, passenger, commercial and agricultural vehicles the show will welcome stakeholders including wholesalers, distributors, traders of parts and components, professionals from car repair shops, garages, service stations and fleet management. The display of products and solutions will vary from different categories like parts and components, electronics and connectivity, diagnostics and repair, accessories and customizing, car wash and care, dealer and workshop management, alternative drive systems and fuels, tires and wheels, body and paint, mobility as a service and autonomous driving. 

This edition is seeing partnerships with TechSci Research as Knowledge Partner, Elofic Industries Ltd. and HIM Tecknoforge Ltd. as the Bronze Partners and Ample Auto Tech as the Lanyard Partner. Federation of All India Automobile Spare Parts Dealers’ Associations, All India Automobile Workshops Association, Automotive Parts Merchants Association, European Garage Equipment Association, AAMPACT, FIGIEFA, Federal Association of Manufacturers and Importers of Automotive Service Equipment are on the list of supporters for this edition of the event. 

According to the ACMA’s report on ‘Auto Components Industry Review for Financial Year (FY) 22-23’, the major growth drivers of this industry over the last five years have been — growth in domestic vehicle sales; a strong aftermarket and increasing exports. The size of the industry has grown by 33 percent from INR 4213.66 billion in FY22 to INR 5597.48 billion in FY23. Auto aftermarket grew by 15 percent from INR 742.03 billion in FY22 to INR 853.33 billion. It was also reported that electric vehicles have accounted for a total of 2.7 percent of component consumption. 

Vinnie Mehta, Director General, ACMA India stated, "The automotive industry is experiencing significant growth, driving an increased demand for auto components and the aftermarket sector. The outlook for the industry is optimistic, given the continuous expansion of the market size and the notable growth in component exports, rising by five percent to USD 20.1 billion in FY 2023 from USD 19.1 billion in FY 2022. Notably, exports to North America, Europe, and Asia have witnessed growth in 2023 compared to the previous year. As this edition of Automechanika marks the first physical edition post COVID-19, we are delighted to witness the enthusiasm of exhibitors from both India and abroad, along with the support of associations and all stakeholders associated with the industry. This collective effort is set to create a vibrant show floor once again.”

Raj Manek Executive Director and Board Member, Messe Frankfurt Asia Holding Ltd. said, “After the successful past editions of the show, we are excited for the fifth physical edition of ACMA Automechanika New Delhi 2024. The Indian vehicle industry including passenger, lightweight and heavy-duty vehicles is growing at a fast pace and India has witnessed this growth trend this year across these segments. The growth of vehicle sales is a clear indicator of growth for the auto components and aftermarket industry. We are excited to once again bring new solutions and technologies from India and around the world leading to propel this industry in the future.”

Ajay Seth, Vice President – International Business, Elofic Industries Ltd. expressed, “We are thrilled to be the Bronze Partner with ACMA Automechanika New Delhi. This partnership will bring unparalleled expertise and innovation to this prestigious event and to the auto components and aftermarket industry. This collaboration not only elevates the event's success but also amplifies our company's commitment to pioneering automotive advancements. Let's fuel progress, inspire change, and redefine the future of auto mechanics together.”

Mrinal Aggarwal, Director, HIM Tecknoforge Ltd. said, “We are glad to be the Bronze Partner for the upcoming edition of ACMA Automechanika New Delhi 2024. We take pride in serving the not only the Indian but the global aftermarket assembly well. Like in the past, this collaboration will once again drive enriching networking opportunities and help showcase our vast variety of products which include Transmission, Differential and Suspension along with various assemblies and Sub-Assemblies, manufactured through cutting-edge technologies vital for the growth of aftermarket. This partnership will contribute towards shaping of the future of automotive components and aftermarkets industry through this spectacular event where the entire value chain of this segment will converge.

Arvind Choudhary, Managing Director, Ample Auto Tech Pvt. Ltd. mentioned, “ACMA Automechanika carries with it the credibility that attracts the right kind of Indian as well as international clients. As India evolves to be the global manufacturing hub, ATEK is looking forward to utilize the platform to display its engineering strengths and manufacturing capabilities and increase its market reach.” 

South Korean lubricant maker Daewoo has re-entered the Indian automotive market under a strategic licensing collaboration with Mangali Industries.

With this association, Mangali Industries will introduce Daewoo’s range of lubricants for the two-wheelers, passenger cars, commercial vehicles and agriculture segments.

Vineet Singh, Director - Strategy & Growth, Daewoo, said, “Daewoo has always stood for innovation, trust and performance. Through this powerful alliance between Daewoo and Mangali Industries, we are shaping the future of high-performance lubricants in one of the world’s most dynamic and demanding markets. With this launch, we embark on a long-term journey dedicated to empowering the Indian automotive industry.”

Sang-hwan Oh, DGM, POSCO – Korea, shared his views on Daewoo’s dedication to quality and customer satisfaction, ensuring that every product meets rigorous international standards while adapting to evolving demands of local consumers.

German technology and services company Bosch has launched Supply Chain Studio, a cloud-based suite of tools aimed at enhancing supply chain efficiency and visibility.

The announcement was made at the first-ever Mobility Platform and Solutions’ (MPS) Summit 2025. It aims to address key gaps in transport & warehouse management and last-mile operations among others.

Bosch Supply Chain Studio will allow seamless integration with ERPs and third-party marketplaces to meet diverse operational needs. It offers solutions such as transport booking & management, warehouse booking, smart warehouse, bay & yard manager and e-distributor.

In addition, Bosch MPS also introduced the ARC Partner Program – Accelerate, Rise, Collaborate, which it shared will foster co-innovation with partners across logistics, EV mobility, supply chain tech and parking management.

Sandeep Nelamangala, Joint Managing Director, Bosch & President, Bosch Mobility India, said, “The Bosch MPS Summit reflects the collaborative spirit driving the future of mobility. Launching the Supply Chain Studio here allowed us to bring all key stakeholders – manufacturers, transporters, warehouse operators and distributors – onto one platform. We’re excited to work with them and continue driving digitalisation in our supply chains.”

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Banner Batteries, one of Europe’s leading manufacturers of original equipment batteries, has appointed Andrew Russell as its new Business Development Manager for Northern England and Scotland. The appointment is in line with Banner’s strategy to increase its market share in these key regions.

Russell will be responsible for enhancing connections with Banner's extensive clientele, which includes motor factors, independent distributors, garages, and specialty automobile parts stores. He will report to Country Manager Lee Quinney. Russell brings with him over two decades of experience in the UK aftermarket sector. Russell, who graduated from the University of the West of England with a BA (Hons) in Business Administration, began his career in retail management before switching to sales. Prior to joining Banner, he was Ring Automotive's Business Development Manager, where he was named the company's top salesperson in 2023. Account management, company development and building enduring connections with customers are his strong points.

Russell said, “I am delighted to get the opportunity to work for Banner, not only as they are one of Europe’s leading manufacturers of original equipment batteries, but a family-owned business. In order to continue to develop Banner’s market penetration across what is an important sales territory, I shall be looking to focus on four key principles – promoting O/E product quality aligned to price competitiveness, delivering outstanding levels of customer service and developing long-standing and successful customer relationships.”

Quinney said, “The whole team at Banner is delighted to welcome Andrew into the fold. He has a proven track record in the automotive aftermarket, and we are confident this will prove instrumental in strengthening Banner’s position across Scotland and the north, both of which are important strategic territories. Supplying a first-class service to our customer base remains one of our main priorities, together with promoting Banner’s original equipment pedigree, and Andrew will help spearhead this moving forwards.”

Manba Finance Limited, a NBFC, has announced a strategic alliance with BGauss Auto, Fin Coopers Capital and ProsParity to drive a shift towards sustainable mobility and empower the aspirations of customers across the country.
The association with BGauss Auto will help Manba Finance Limited to financing the former’s electric vehicles (EVs), making it easier in turn to tap the growing green mobility market. The NBFC company claims to use technology to streamline lending such that it ensures efficiency and transparency. It is said to offer a range of financial solutions for new two-wheelers, three-wheelers, electric two wheelers, electric three wheelers, used cars and to small businesses. 
The alliance with Fin Coopers Capital in vehicle financing would offer Manba Finance the opportunity to leverage the former’s expertise in investment and capital management. 
The association with ProsParity, on the other hand, will provide the company access to an advanced digital platform that streamlines credit flow and enhances loan processing. 
Monil Shah, Executive Director and Chief Business Officer, Manba Finance Limited, said about the development: “Our partnerships with BGauss Auto, Fin Coopers Capital, and ProsParity will help us to strengthen our commitment to delivering innovative and accessible financial solutions. These partnerships enable us to expand our reach, enhance our offerings, and support communities across India with efficient, transparent, and socially responsible services. Together, we aim to empower individuals and businesses, driving positive change and fostering long-term growth."