Unveiling ACMA Automechanika 2024: The Future of Auto Innovation

Glimpse of ACMA Automechanika 2024: The Indian automotive aftermarket is predicted to expand from USD 10 billion in 2023 to USD 14 billion by 2028, a 1.4-fold increase, according to ACMA, the apex body of the Indian auto component sector and E&Y, in its Global Automotive Aftermarket Research Report.

The growth of the aftermarket in India is fuelled by a steady increase in the vehicle parc (vehicle population), which currently stands at 340 million and is expected to grow at a CAGR of over 8% for the next five years.

This year, SME Futures, explores the automotive component or aftermarket sector with ACMA Automechanika 2024, where automotive innovation was the focus. Join us as we uncover the latest breakthroughs and cutting-edge technology shaping the auto industry’s future. From groundbreaking products to industry-insider insights, this is your all-access pass to the heartbeat of automotive excellence.