ACMA Automechanika New Delhi evolves as a global event
India’s leading aftermarket exhibition, ACMA Automechanika New Delhi, has reinforced its position as a reliable sourcing and networking platform for Indian auto-components and the aftermarket. The third edition held in March 2017 hosted 552 exhibiting companies from 17 countries showcasing the latest trends in aftermarket and facilitated serious business discussions during the 4 days of the event.
Apart from being a showcase of innovations, the biennial offered an effective trade platform to wholesalers, distributors, traders and component manufacturers for future synergies and partnerships. On display were the latest advancements and solutions in the fields of parts, systems, tuning, workshop equipment, bodywork and paintwork, car wash, IT and management and the automobile services. In comparison to last year the exhibition space has increased substantially with participation from many newcomers and industry leaders like Schaeffler Group, Ample Autotech, Elofic, ZF India, Shriram Pistons, Valeo India, Mansons, Liqui Moly, and ACDelco among others.
At the inaugural function of ACMA Automechanika, Rattan Kapur, President, ACMA said, “ACMA Automechanika is a showcase of our industry’s prowess. It allows international players to source the best of Indian aftermarket products and technologies besides creating opportunities for business alliances.”
Michael Johannes, Vice President, Brand Management Automechanika, MesseFrankfurt Exhibition GmbH said, “Since its debut in 2013 ACMA Automechanika New Delhi has
grown constantly in both quantity and quality. This year we have over 550 exhibitors. This shows the great potential of the Indian automotive market and the international interest in it.”
International participation for this year’s edition had increased 40% in comparison to the previous edition in 2015. There were 6 dedicated international pavilions from China, Germany, Korea, Singapore, Taiwan and the United Kingdom besides individual exhibitors from Hong Kong, Indonesia, Italy, Japan, Malaysia, Poland, Russia, Thailand, UAE and the USA.
As a true showcase of India’s component industry’s prowess, ACMA Automechanika New Delhi allowed international players to source the best of Indian aftermarket products and technologies besides creating opportunities for business alliances. This year the fair marked a 28% increase in exhibitors and 25% rise in exhibition space since 2015. Moreover, the exhibition provided visitors an ideal meeting ground with aftermarket players to learn about the opportunities and procure genuine auto-parts, core component technologies and hiperformance aftermarket products from world-leading manufacturers and suppliers.
A total of 15,150 business visitors from India and abroad visited the show, setting a new benchmark with 17% increase in the number of visitors this year. International presence among the visitors was also high and many of them expressed interest in closing deals with the exhibiting companies at the fair.
ACMA Safer Drives
With an aim to address the rising concerns on counterfeit products sold in the replacement market and spread awareness on road safety, ACMA for the first time also set up a unique safety pavilion titled ‘ACMA Safer Drives’. This initiative on road safety and usage of genuine components allowed exhibitors and visitors to evaluate parts and components and to make well-informed procurement decisions. The opportunity was also utilised for sensitising the visitors towards abiding road safety rules and usage of genuine auto parts.
Digital way
A two-day conference on ‘Preparing Aftermarket for Digital Economy & Road Ahead’ was also organised concurrent to the fair. The conference popularised the concept of e-commerce and m-wallets and exposed the exhibiting companies, visiting distributors and retailers to new ways of expanding business and transactions. The second day seminar highlighted key trends that stressed the future of the aftermarket and covered areas such as vehicle telematics, alternate fuels, vehicle servicing, e-retailing and importantly, GST and its expected impact on distribution channels.
The next edition of ACMA Automechanika in 2019 will be focusing purely on the needs of the growing Indian aftermarket, and will continue to present opportunities in the aftermarket as well as address industry concerns on counterfeit products sold in the replacement market.
Featured exhibitors
The newly launched products and innovative solutions by exhibiting brands at ACMA Automechanika New Delhi are expected to make their way to the Indian aftermarket as many exhibitors have reported to have gained successful leads and dealer networks on the show floor. Exhibitors said that they were positive about the interactions and expecting strong business in the coming months through the high turnout of business visitors at their booths.
Shriram Pistons & Rings showcased its pistons, rings, pins and engine valves while its sister concern will be showcasing cylinder heads, cylinder liners, connecting rods and filters. Allied Nippon, a largest manufacturer, exporter and OE supplier for friction material products from India. The company’s product range includes disc brake pads, brake shoes, brake linings for all Japanese, European, Korean and American vehicles.
Delphi Automotive Systems displayed its 11 product lines across 4 different categories, included steering, suspension and brake parts that form critical safety components in a vehicle. Delphi utilises over 20 different friction materials across its range of brake pads that help eliminate vibrations that could lead to brake noise.
Elofic Industries exhibited its wide range of filters and lubricants for all vehicle segments ranging from two-wheelers to earthmoving equipment. The highlight of the
stall is, the filter maker is ready with Euro VI products and the company is working with Indian OEMsto meet the emission standards in the coming years. K D Sahni, Joint Managing Director, Elofic Industries said that, ACMA Automechanika is benefiting the participants in terms of huge promotion to their business and brand. Besides, it providing a common platform to meet clients and exhibit new products. For us it as an excellent opportunity to learn about the latest developments on ideas and technologies of the industry.”
Oerlikon, manufacturer of drive systems participated for the first time and showcased transmissions, synchronisers for gear boxes, as well as gear boxes for electric cars and differential assemblies that also form part of the gear box that boosts torque to the wheel. The Oerlikon products help reduce noise, and increase the comfort and driveability.
Jamna Auto Industries displayed its wide range of of suspension parts like leaf and parabolic springs, axles for the commercial vehicle and lift axles for specialty vehicles. The company spokesperson at the stall said, “We are showcasing the entire product portfolio of us and we see a huge potential in aftermarket in both India and overseas for our products. Currently, the aftermarket constitutes about 15-18% of our business and we are looking to grow it further.”
Climax Overseas Pvt Ltd, manufacturer of rubber components for heavy duty trucks, trailers, passenger cars and twowheelers showcased its wide range of products. They include: engine mounts, centre bearings, bushings, oil seals and gaskets, filter components, OEM and aftermarket customers worldwide.
New launches
Several new products were launched at ACMA Automechanika New Delhi 2017. Among them was the exclusive ‘Cabin Air Filter’ from ACDelco, a division of General Motors Technical Centre India. ACDelco is the exclusive original equipment parts brand for Chevrolet and other GM brands is one of the major global players in the automotive spare-parts business and it recently celebrated 100 years of its presence in the Global aftermarket. The newly launched Cabin Air Filters are made with high-quality multiple fibre layer media and are equipped to trap up to 95% dirt, dust, pollen and other pollutants. The filter facilitates improved airflow and aids defrosting performance of the A/C systems.
ACDelco’s premium aftermarket replacement cabin air filter is manufactured to meet the expectations for fit, form, and function. Its multiple layers create a more comfortable breathing environment within the vehicle, ensuring cleaner and fresher air. Going ahead, the company is looking forward to grow and multiply its filtration revenue line at a prolific pace and has plans to roll out 6 new product programs over the next few months.
“Keeping in mind the degrading cabin air quality which accounts for harmful air pollution, the new ‘Cabin Air Filter’ will meet the rising demand of the product in the passenger car segment. The filters are built to suit most of the new generation vehicles of today,” Rajesh Nangia, Director ACDelco India, said.
Schaeffler India Automotive launches its intelligent component
and repair solutions such as Dual Mass Flywheel (DMF), Self-Adjusting Clutch (SAC), Double Clutch Technology, FAG SmartSET and INA Chain Drive kit. Germany-based supplier of high-quality engine oil and car care products Liqui Moly launched its Molygen new generation oils for special protection against wear.
Gaziabad Precision Products introduced its new valve train components and other engine parts at the event. MAHLE International GmbH lauched its new cabin filter with S5 broadband technology which provide 5-fold protection against pollen, bacteria, mould, fine particulates and odours.
ZF Aftermarket is the second largest supplier of parts, services and solutions in the global automotive aftermarket. The manufacturer- independent Openmatics system is an onboard unit in the vehicle that records the data for all the desired telematics applications. Outsourced servers take over the data conversion and storage. The users access the data via a web portal, for instance on the computer, tablet PC or via a smartphone.
The Openmatics Dashboard offers customers the scope to develop new ideas that enhance customer service. Faster processing of vehicle returns at rental car companies is one potential option. The app helps the rental company to see which vehicles have already been fully refueled as they enter the parking garage. These vehicles are then directed to a quick checkout. Users can use Openmatics to update and upgrade their individual set of functions using the selected basic apps – by adding additional apps or deleting them if they are no longer necessary. Also, all additional apps will still be available for future use. Customers can also use individual apps, as Openmatics is a free platform.
Study on aftermarket
In order to understand the growing impact of urbanisation, changing customer preferences and choice of vehicle ownerships, ACMA shared a comprehensive study on the `Indian Automotive Aftermarket: The Road Ahead’ during the ACMA Automechanika 2017 in New Delhi.
According to the findings of the study the Indian automotive aftermarket, which stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17, is expected to reach Rs 75,705 crore (USD 13 billion) by 2019-20 growing at a CAGR of 10.5%. This comprehensive study threw light on the vehicle parc analysis, used car market, taxi market, trends and size of the aftermarket, e-tailing and regulations. The Indian automotive component sector is a USD 39 billion industry, contributing around 4% to India’s GDP.
The study takes a holistic view of the aftermarket business potential with the growing impact of urbanisation in terms of changing customer preferences, choice of vehicle ownerships, evolving taxi market and a rise in the pre-owned car segment. The study also highlights the average vehicle age in India and changing replacement frequencies and servicing patterns in passenger vehicles, two wheelers, CV, tractors and off roads.
Frost & Sullivan, ACMA’s knowledge partner for the study, conducted an extensive research through a wide coverage of interviews and data collection from various stakeholders in India. About the study, Vinnie Mehta, Director General, ACMA said, “The Indian automotive aftermarket stood at Rs 56,098 crore (US$ 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs 75,705 crore (US$ 13 billion) by 2019-20 exhibiting a CAGR of 10.5%.”
Key findings of the study
The current total vehicle population in the country is estimated at around 228.7 million according to State Transport Authorities across the country. In the passenger vehicle segment, the genuine OE spares account for around 40% of the total components consumption while the remaining 60% is split evenly between IAM (Independent After Market) branded parts and U-parts (Parts from Unorganised segment)
The IAM-branded parts consumption is highest in the CV segment, estimated at 50% of the total consumption, while the tractor segment exhibits the highest consumption of U-parts at 40%. Maharashtra shows the highest number of registered two-wheelers, three-wheelers and commercial vehicles.
The NCR (Northern Capital Region) region shows the highest population of passenger cars, with Maharashtra ranking second. The NCR region and Greater Chennai have the highest population of 2 wheelers at 6.1 million and 5.1 million respectively. Greater Mumbai has the highest number of three-wheeler registrations at 365,500 vehicles. The highest commercial vehicle registrations are noted in the NCR region, Greater Hyderabad, Greater Mumbai and Bangalore. Bhatinda and Ferozpur have the highest tractor populations at 72, 900 and 71,000 units respectively. Of the total Indian aftermarket, the two- and threewheeler segments account for around Rs 12,038 crore, while the passenger car segment accounts for around Rs 18,970 crore, commercial vehicles for around Rs 19,748 crore and tractors for Rs 5,342 crore.
Gujarat features in the top 5 states for replacement market across all vehicle segments, while Maharashtra features in the top 5 across all vehicle segments except for the tractor segment. The penetration of counterfeit auto components has drastically reduced from 36% in 2010-11 to 5% in 2016-17. However, their place has been taken up by U-parts. The report concludes with the coverage on the alternate fuel technologies in India, growing localisation of products and affordability of such new-age technology in vehicles.