{"id":54905,"date":"2023-07-10T09:19:17","date_gmt":"2023-07-10T05:49:17","guid":{"rendered":"https:\/\/exhibitionmakers.com\/?p=54905"},"modified":"2025-06-08T14:30:22","modified_gmt":"2025-06-08T11:00:22","slug":"auto-expo-components-exhibition-new-delhi-india-pragati-maidan","status":"publish","type":"post","link":"https:\/\/exhibitionmakers.com\/en\/auto-expo-components-exhibition-new-delhi-india-pragati-maidan\/","title":{"rendered":"Auto Expo Components Exhibition New Delhi India"},"content":{"rendered":"

Auto Expo Components fairs New Delhi <\/strong>over the last several years has grown tremendously in size and transformed itself into a global event. Owing to the tremendous growth of Auto Expo \u2014 Asia’s largest automotive show jointly organised by Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM) is now seen at two different venues with clear focus on Automobiles (Auto Expo 2023\u2014 Vehicles) and Auto Components (Auto Expo 2023 -Components).<\/p>\n

MARKET SIZE?<\/strong><\/h2>\n

For the calendar year (CY) 2021, all segments showed growth, and total sales increased by 5.8% to 18.49 million units, compared to 17.47 million units in January-December 2020. In FY21, the total passenger vehicles production reached 22.65 million vehicles.<\/p>\n

Two wheelers and passenger vehicles dominate the domestic Indian auto market. Passenger car sales are dominated by small and mid-sized cars. Two wheelers and passenger cars accounted for 81.21% and 14.56% market share, respectively, accounting for a combined sale of over 17.8 million vehicles in FY21.<\/p>\n

In December 2021, the luxury car market registered sales of 2,259 units, a YoY growth of 19.7%, with Mercedes Benz being the highest-selling luxury car manufacturer. In January 2022, total production of passenger vehicles*, three-wheelers, two-wheelers and quadricycles reached 1,860,809 units.<\/p>\n

INVESTMENTS<\/strong><\/h2>\n

To keep up with the growing demand, several auto makers have started investing heavily in various segments of the industry during the last few months. The industry attracted Foreign Direct Investment equity inflow (FDI) worth US$ 30.78 billion between April 2000-September 2021, accounting for 5.49% of the total equity FDI during the period. Some of the recent\/planned investments and developments in the automobile sector in India are as follows:<\/p>\n