India Auto Expo 2013 will be the Region’s Largest Automotive Show starting from 23rd to 26th May 2013 in Hall 3 at Chennai Trade Centre, Chennai, India. It will showcase latest technological products, components, vehicles and act as a launch pad for new and future vehicles besides being the platform for generating leads, one to one interactions and business enquiries. It will also have special focus and emphasis on technological innovations in the areas of safety, environment and fuel efficiency.
By 2020, India is expected to be the third largest auto market in the world and German carmakers are looking to increase their presence in India. The percentage of self – made parts in German vehicles is relatively high when compared to Japanese and US auto majors who outsource auto components from India among other countries. This is a chance for local manufacturers to step into the picture and German companies are looking at outsourcing manufacturing elements to small and medium enterprises. Many of them are in consultations with their German counterparts.
he industry is set to continue its growth trajectory, in the medium term, on the back of steady economic growth. Besides low labour cost, India’s process-engineering expertise, applied to re-designing of production process, has resulted in reduction in manufacturing costs of components. A robust transportation system plays a key role in the country’s rapid economic and industrial development and the well-developed Indian Automotive Industry justifies this catalytic role by producing a wide variety of vehicles, which include passenger cars, light, medium and heavy commercial vehicles, multi-utility vehicles such as jeeps, scooters, motorcycles, mopeds, three wheelers, tractors etc. As a result, India today has become the outsourcing hub for several global automobile manufacturers. Future vehicle designs will be influenced by urban planning, environmental restrictions and customer needs.
Tamil Nadu is one of the emerging auto clusters in the world having an installed capacity of 13 lakh passenger vehicles, 3.5 lakh commercial vehicles accounting for 30% of auto, 35% of auto components and 53% of the total auto exports from India.