Honourable consul (Commerce and Political) of India, Shri Bhupendra Singh Nikhurpa inaugurating the India PAvilion in Automechanika Frankfruit, 2024
10-14 September 2024, Frankfruit 2024
Honourable consul (Commerce and Political) of India, Shri Bhupendra Singh Nikhurpa inaugurating the India PAvilion in Automechanika Frankfruit, 2024
Honourable consul (Commerce and Political) of India, Shri Bhupendra Singh Nikhurpa inaugurating the India PAvilion in Automechanika Frankfruit, 2024
Honourable consul (Commerce and Political) of India, Shri Bhupendra Singh Nikhurpa inaugurating the India PAvilion in Automechanika Frankfruit, 2024
The international automotive aftermarket is one of the world's most dynamic markets. Automechanika, being the leading trade fair brand, is its most important platform with 14 events worldwide. Not only is it the international meeting place for the manufacturing industry, repair shops and automotive trade. The Show also represents the entire automotive aftermarket value chain like no other trade fair brand. EEPC India is participating in two Automechanika Fairs – One in Frankfurt and one in Dubai.
Automechanika Frankfurt was the leading trade fair to get connected with the future of the automotive service industry. An international meeting place for the industry, dealership trade and maintenance and repair segment, it provides a major platform for business and technological knowledge transfer. Automechanika covers the entire value chain of the automotive aftermarket. This makes it the platform for innovation and networking with the whole world.
Automechanika is one of the leading exhibitions in the automotive sector. The exhibition attracted 108,000 visitors trade visitors from 172 countries, showcasing over 4,200 exhibitors from 80 countries. EEPC India led a team of 55 Indian Exhibitors.
Automechanika Frankfurt is one of the largest trade expos for automotive aftermarket in the European continent. Additionally, it happens in Germany which is home to many internationally acclaimed automotive companies and also European MSMEs. In that respect, Automechanika Frankfurt is a very significant show for the auto component industry.
Although the number of visitors has been lower, exhibitors were happy about the quality of the business visitors. 43% of the total exhibitors were of the opinion that the business visitor turnout was excellent. 52% of exhibitors were also of the opinion that the quality of buyers/ delegates has been excellent. Exhibitors were also satisfied with the unwavering assistance and support forwarded by EEPC India for their successful participation in the exhibition. Almost all the exhibitors were willing to participate in future EEPC India events.
Opportunity for Indian Auto components and parts in UAE
UAE has been focusing on becoming a hub for automotive trade and innovation. Thus, presents a promising opportunity for Indian auto components and parts manufacturers to cater to these evolving needs seeking reliable and cost-effective solutions. Indian auto components with a diversified product range have witnessed impressive expansion within the UAE market and have emerged as the preferred choice among industry players and importers. Additionally, the strategic geographical proximity between India and the UAE facilitates efficient logistics and supply chain management, further enhancing the attractiveness of Indian products in the UAE market and offering a gateway to the broader Middle East market. Indian auto components and parts exporters can capitalize on these evolving opportunities in the UAE. The global automotive aftermarket industry is poised for significant growth, projected to reach US$ 529.25 billion by 2028.
Within this evolving automotive landscape and its future-ready infrastructure, UAE is already a step ahead with its exploration of EV and autonomous vehicles and other alternatives which is also leading to the expansion of the demand in the region. The country will become an even more substantial market for the Indian supplier, reflecting an ample scope for the auto component segment.
In this background, it is an apt time for India to respond to the demand for the auto components and accessories of UAE and explore the untapped potential while enhancing its share in the UAE's market through participation in the Automechanika Dubai 2024. Undoubtedly, the event will play a major role for auto parts manufacturers and distributors of the Indian engineering sector, opening doors to major growth opportunities in this industry.