MUMBAI: Growth in used car ownership and passenger car market is expected to lead to increased aftermarket demand due to increased use of personal vehicles, said Automotive Component Manufacturers Association ACMAAACMA.

Automotive Component Manufacturers Association of India (ACMA) he said that the automotive sector is changing with the increase in automobile consumption in the second quarter of the current fiscal.

ACMA also announced that the fifth edition of the four-day conference “Four Days of Automechanika” is an international trade fair for the aftermarket and service industry, which will be held next year on April 22, in collaboration with Messe Frankfurt India, Pragati Maidan, New Delhi. Maidan, New Delhi.

The event was originally scheduled to be held monthly in February 2021, and the organizers believe that the event, held later in the new financial year, will enable the industry to secure business-to-business (B2)B) re-establishment of environmental links, issued the following press release: achieve the goal of exchange of business, knowledge and technology.

ACMA He said that travel demand and consumer sentiment have contributed to increased vehicle purchases and demand as health and safety becomes a top priority.

ACMA said, “Major automakers reported a nearly 20 percent increase in domestic passenger vehicle sales in August over the same month last year, and the figure is expected to rise further during this year’s festive season.” In addition to the increase in the number of used cars due to increased use of private vehicles, aftermarket demand is also expected to increase.

Adding that the changing trends have led to a surge in demand for omni-channel aftermarket models and ‘new normal’ aftermarket solutions.

As the automotive industry gets back on track and adapts to changing consumer trends, ACMA Automechanika New Delhi 2021 will be the first ‘face-to-face’ meeting place to stimulate trade discussions,” the association said.

Vinnie Mehta, Secretary General, ACMA, said the aftermarket has become a way to grow due to changes in supply chain, mobility and consumer sentiments, key to “Aatmanirbhar and the local manufacturing sector. “This is the perfect time for auto component companies to come together and chart a course for the future.”

With the industry set for 2021, we are ready to provide a secure, successful and vibrant platform for auto component companies, added Mehta.

Rajj Manek, Executive Director, Automotive Components Supplier Frankfurt Show Asia Holdings Ltd “Until now, we have mainly discussed sustainable transportation. Now, the epidemic is forcing us to take a fresh look at innovative solutions for safe, smart and sustainable mobility.” Executive Director. Supplier: ‘You need to assess the impact of these disruptive trends on your business. ‘

He added that cross-collaboration within the industry is now more important than ever, and ACMA New Delhi will be the rallying point for these discussions. “We are also exploring 20211″ a hybrid model for the annual show in order to enhance industry business networking and the overall show experience.”