Global suppliers keen on Indian automotive growth story

Reinforcing the Indian market’s prime position in the global map of future potentialities, the Auto Expo 2020 – Components saw the largest-ever overseas participation of over 400 companies from 20 countries, with seven exclusive country-specific pavilions.

The evolution of automobiles and technological innovation has no borders. The sweeping influx of fashionable innovation and sophistication in various automotive and manufacturing technologies has been transforming the landscape of India automotive industry since day one. Today, at the start of the 2020s, the automotive industries across the countries are even more linked and enmeshed in pushing the technological progress further towards greater levels of sustainability.[wzslider autoplay=”true”]

 

The Indian automotive components industry has always been a hotspot of innovation and technological progress, with keenness in invigorating itself with new partnerships and association with global suppliers and technology companies. On the other hand, international players have consistently supported our industry all these years, while also recognizing the true market potential and appetite of India on new technologies to grow on par with the rest.

That way, the Auto Expo 2020 – Components turned out to be a quintessential platform for international engagement in automotive technologies and related collaborations into the new decade. The UK pavilion, hosted by the Society of Motor Manufacturers and Traders (SMMT) of United Kingdom for the eighth edition in a row, demonstrated strong relationship in automotive and shift to electric and low-emission vehicles between the two countries, despite uncertainties out of Brexit decisions.

Germany is yet another country pavilion that registered zealous attendance – both exhibitors and visitors. Supported by Indo-German Chamber of Commerce (IGCC), a wide range of themes and technology solutions were on display at the pavilion, from precision components to garage equipment.

Up next was the Canada pavilion, which featured some leading automotive and tech suppliers from the Canadian industry, a global leader in automation and R&D expertise, to meet Indian customers and suppliers for further partnership and collaborative opportunities.

Regardless of Novel coronavirus threat, travel advisories and damp sentiments that ensued, the China pavilion showed its resilience. The exhibitors from China,  with their stands predominantly manned by their Indian representatives, tried their level best to declare business-as-usual, with expo visitors expressing no less interest in exploring their products and solutions.

The Japanese, Korean and Turkish pavilions were also tightly packed with visitors on all the days. Finally, yet importantly, participants from Taiwan also added great value to the Auto Expo.