The fifth edition of Automotive Component Manufacturers Association (ACMA) India’s Automechanika organised by Messe Frankfurt is going to be hosted in New Delhi from 1^st to 3^rd February, 2024 at Pragati Maidan. 

This edition will present over 100 new participants on a 25,000 sqm show floor. The fair will also host knowledge-sharing sessions, conferences and discussions to expand opportunities for networking and collaboration. 

Solutions from brands like Schaeffler, ZF India, Mahle Aftermarket, NRB Bearings, Mansons International, Subros, J K Fenner, Minda Corporation, RMP Bearings, Celette India and several others will be on display. The list of international brands includes Sampa Otomotiv, Liqui Moly, Industrias Del, Recambio and more from USA, UAE, Germany, Russia, Korea, Italy, Belgium, Taiwan, Thailand and China. Additionally, four dedicated international pavilions will be created for Germany, Korea, Taiwan and Thailand.

Showcasing exclusive solutions for two-wheelers, passenger, commercial and agricultural vehicles the show will welcome stakeholders including wholesalers, distributors, traders of parts and components, professionals from car repair shops, garages, service stations and fleet management. The display of products and solutions will vary from different categories like parts and components, electronics and connectivity, diagnostics and repair, accessories and customizing, car wash and care, dealer and workshop management, alternative drive systems and fuels, tires and wheels, body and paint, mobility as a service and autonomous driving. 

This edition is seeing partnerships with TechSci Research as Knowledge Partner, Elofic Industries Ltd. and HIM Tecknoforge Ltd. as the Bronze Partners and Ample Auto Tech as the Lanyard Partner. Federation of All India Automobile Spare Parts Dealers’ Associations, All India Automobile Workshops Association, Automotive Parts Merchants Association, European Garage Equipment Association, AAMPACT, FIGIEFA, Federal Association of Manufacturers and Importers of Automotive Service Equipment are on the list of supporters for this edition of the event. 

According to the ACMA’s report on ‘Auto Components Industry Review for Financial Year (FY) 22-23’, the major growth drivers of this industry over the last five years have been — growth in domestic vehicle sales; a strong aftermarket and increasing exports. The size of the industry has grown by 33 percent from INR 4213.66 billion in FY22 to INR 5597.48 billion in FY23. Auto aftermarket grew by 15 percent from INR 742.03 billion in FY22 to INR 853.33 billion. It was also reported that electric vehicles have accounted for a total of 2.7 percent of component consumption. 

Vinnie Mehta, Director General, ACMA India stated, "The automotive industry is experiencing significant growth, driving an increased demand for auto components and the aftermarket sector. The outlook for the industry is optimistic, given the continuous expansion of the market size and the notable growth in component exports, rising by five percent to USD 20.1 billion in FY 2023 from USD 19.1 billion in FY 2022. Notably, exports to North America, Europe, and Asia have witnessed growth in 2023 compared to the previous year. As this edition of Automechanika marks the first physical edition post COVID-19, we are delighted to witness the enthusiasm of exhibitors from both India and abroad, along with the support of associations and all stakeholders associated with the industry. This collective effort is set to create a vibrant show floor once again.”

Raj Manek Executive Director and Board Member, Messe Frankfurt Asia Holding Ltd. said, “After the successful past editions of the show, we are excited for the fifth physical edition of ACMA Automechanika New Delhi 2024. The Indian vehicle industry including passenger, lightweight and heavy-duty vehicles is growing at a fast pace and India has witnessed this growth trend this year across these segments. The growth of vehicle sales is a clear indicator of growth for the auto components and aftermarket industry. We are excited to once again bring new solutions and technologies from India and around the world leading to propel this industry in the future.”

Ajay Seth, Vice President – International Business, Elofic Industries Ltd. expressed, “We are thrilled to be the Bronze Partner with ACMA Automechanika New Delhi. This partnership will bring unparalleled expertise and innovation to this prestigious event and to the auto components and aftermarket industry. This collaboration not only elevates the event's success but also amplifies our company's commitment to pioneering automotive advancements. Let's fuel progress, inspire change, and redefine the future of auto mechanics together.”

Mrinal Aggarwal, Director, HIM Tecknoforge Ltd. said, “We are glad to be the Bronze Partner for the upcoming edition of ACMA Automechanika New Delhi 2024. We take pride in serving the not only the Indian but the global aftermarket assembly well. Like in the past, this collaboration will once again drive enriching networking opportunities and help showcase our vast variety of products which include Transmission, Differential and Suspension along with various assemblies and Sub-Assemblies, manufactured through cutting-edge technologies vital for the growth of aftermarket. This partnership will contribute towards shaping of the future of automotive components and aftermarkets industry through this spectacular event where the entire value chain of this segment will converge.

Arvind Choudhary, Managing Director, Ample Auto Tech Pvt. Ltd. mentioned, “ACMA Automechanika carries with it the credibility that attracts the right kind of Indian as well as international clients. As India evolves to be the global manufacturing hub, ATEK is looking forward to utilize the platform to display its engineering strengths and manufacturing capabilities and increase its market reach.” 

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AutoDukan, a digital aftermarket platform, has announced that it has secured USD 1 million in a pre-Series A funding round to expand its AI-driven services across the country.

The startup, which specialises in spare parts procurement, insurance claim processing and multi-brand workshop enablement, plans to use the new capital to scale its operations, enhance its AI technology and deepen its partnerships with insurers, fleet operators and OEM suppliers.

The funding round was led by the Choice Group and a number of high-net-worth individuals, with continued support from MetroMax Group's Indian arm and angel investor Ankit Sajnani. This latest investment follows earlier funding rounds backed by Rohit Goyal, Windrose Capital and NRI investor Raghu Venkatraman.

Gunjan Ruparelia, Co-Founder and CEO, AutoDukan, said, “Our latest investment validates our AI-first approach to solving a deeply fragmented market. We’re not just digitising procurement, we are building an intelligent backbone for the automotive repair and insurance ecosystem.”

Sumit Desai, CTO, said, “AI allows us to anticipate demand and match parts instantly. This funding helps us bring that efficiency to India’s largest automotive regions.”

Pranay Tagare, COO, said, “We’re driving data-driven precision into a traditionally manual industry. AutoDukan’s AI platform delivers speed, transparency and trust at scale.”

“We are excited to lead AutoDukan’s Pre-Series A round. The company’s AI-driven approach addresses real inefficiencies in India’s automobile aftermarket, and we are confident it will transform spare part procurement and insurance claim workflows nationwide.” said Choice Group.

AutoDukan claimed it achieved a 10x growth over the last two years, attributing its success to its AI platform, which provides data-driven precision, speed and transparency. The platform was first adopted by one of India's largest insurance players, demonstrating its potential to transform the nation’s automobile aftermarket.

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Lubrizol has announced the appointment of Abhishek Shrivastava as its new Managing Director for India, the Middle East and Africa (IMEA).

The company said that he comes with extensive experience and technical expertise to accelerate growth and enhance its support for customers throughout the region.

In his new role, Shrivastava will oversee Lubrizol’s regional strategy, focusing on fostering local innovation, strengthening manufacturing and supply chain capabilities and developing the company's talent pool. He brings nearly two decades of experience in business transformation, R&D and technical leadership. Most recently, he served as Lubrizol's Vice-President, Innovation and Decision Science, where he was instrumental in developing sustainable and digital innovation capabilities.

Rebecca Liebert, Lubrizol's President and CEO, said, "Abhishek’s appointment reflects the strategic importance of the IMEA region for Lubrizol’s future. His deep industry knowledge, technical expertise, and ability to align innovation with customer needs make him ideally suited to support the region’s growth potential and strengthen our presence across these key markets."

Shrivastava will be responsible for driving a ‘local-for-local’ model, enabling regional teams to identify and capitalise on market-specific opportunities. He will also work closely with global and regional leadership to deepen engagement with customers, suppliers, and other stakeholders across the IMEA markets.

"India, the Middle East and Africa are dynamic regions, full of opportunity and home to exceptional talent. Lubrizol has a strong legacy here, and we are committed to furthering localised innovation, regional collaboration and impactful partnerships. As industries evolve, we remain dedicated to collaborating closely with our stakeholders and developing solutions that address local needs," Shrivastava commented.

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Valvoline Cummins and Mahindra & Mahindra have announced a new strategic collaboration, deepening a relationship that has spanned over two decades. Under a new four-year agreement, Valvoline Cummins will now be the primary supplier of genuine lubricants for Mahindra's aftermarket business, including products sold under the Mahindra - Maximile brand.

This partnership will see Valvoline Cummins supply a range of high-performing lubricants, such as engine, transmission and axle oils, specifically tailored for Mahindra’s entire fleet of passenger vehicles, SUVs and pickups. These products will be distributed through Mahindra's expansive dealership and ‘Bazar’ networks in India's North, West and East zones.

Sandeep Kalia, Managing Director, Valvoline Cummins, said, “As a trusted partner with Mahindra for the past decade, we are excited for this evolution of our relationship. Today marks a major milestone that will enable significant business growth and reflects further confidence in our people, technology, innovation, serviceability and continuous commitment to customer centricity as a core value.”

Michael Dreyer, Senior Vice-President, Valvoline Global Operations, added, “Mahindra is fast becoming a trusted global brand, and Valvoline is well positioned to collaborate across geographies and support their global ambitions. This strategic agreement unites two trusted names with a shared focus on performance, innovation and sustainability. As Valvoline expands its role within the Mahindra ecosystem, the collaboration is set to deliver enhanced value across vehicles, and customer experiences — setting new benchmarks for excellence in automotive lubricant solutions.”

In a move that aligns with the sustainability goals of both companies, Valvoline Cummins will also introduce Post-Consumer Recycled (PCR) packaging for its products supplied to Mahindra, reinforcing their commitment to responsible business practices and environmental stewardship.

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Schaeffler India has launched the fourth edition of its Social Innovator Fellowship Program under its CSR initiative, HOPE. The programme aims to support young innovators aged 18 to 35 who are working on scalable solutions to address environmental and societal challenges.

Ten selected fellows will receive a grant of INR 175,000 each and participate in a 24-week hybrid mentorship programme at IIMA Ventures. The fellowship includes access to Schaeffler India’s innovation network and resources to help scale their projects.

Applications are open to individuals, groups, institutions and both for-profit and non-profit organisations across India. The focus areas include environmental sustainability, renewable energy, carbon neutrality, circular economy, natural resource management and the use of technology in the social sector. Applicants must present a working prototype, a clear target audience and a roadmap for growth and viability.

A multi-stage selection process, including interviews and a final pitch, will be conducted by a jury comprising Schaeffler India leadership and India Accelerator experts.

Harsha Kadam, Managing Director & CEO, Schaeffler India, said, “At Schaeffler India, we truly believe in innovation and development, and we have been investing in inclusive and sustainable programs. Through structured initiatives such as HOPE, we aim to empower and nurture visionary young innovators with a pioneering spirit who are developing technology-driven solutions for social sectors and environmental issues, making a meaningful difference through their unique approaches. Schaeffler aims to be both an enabler and catalyst in solving these issues, affirming its belief in innovation as a force for equitable progress”.

Shibi Mathew, Head of HR and CSR, added, “We are deeply committed to advancing the meaningful progress of our communities. We proudly announce the launch of the Schaeffler India Social Innovator Fellowship Program for 2025, with the primary aim of harnessing and supporting the pioneering spirit of young and passionate innovators across India. This program offers a remarkable opportunity for talented individuals to bring improvements to social and ecological issues through their innovative solutions. We eagerly await the participation of outstanding leaders who will demonstrate a strong commitment to developing transformative solutions, resulting in more resilient systems, empowered communities, and positively impacted lives.”

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