The Indian automobile aftermarket is slated to reach a value of USD 14 million by 2028, informed Automobile Components Manufacturer’s Association (ACMA) officials in a recent press conference held at Delhi in the run up to ACMA Automechanika aftermarket fair scheduled to be held from 1 February to 3 February at Pragati Maidan. 

The figures – insights from the organisation’s Global Automotive Aftermarket Research Report that was conducted in partnership by Ernst & Young – point at an aftermarket expansion in the wake of a consistent rise in the vehicle population, currently standing at 340 million and anticipated to exhibit a compound annual growth rate (CAGR) of eight percent till FY2028. 

Notably, the two-wheeler and passenger vehicles segments are poised for substantial growth, with projections indicating an increase from 257 to 365 million units and from approximately 47 to over 72 million units, respectively, by 2028. 

Pre-owned car sales are forecasted to experience a robust 17.5 percent CAGR until FY2028, propelled by organised businesses and online platforms. Furthermore, the commercial vehicle parc is set to expand from 13 million units to 19 million units by 2028. 

In the tractor segment, which presently contributes nearly USD 1 billion to the Indian aftermarket, the parc is expected to escalate from 14 million units to over 19 million units during the period.

The study, centering on seven key product categories including engine parts, suspension and braking parts, transmission parts, rubber components, cooling systems and filters—reveals that the Indian automotive aftermarket reached a valuation of USD 10 billion in 2023. 

Internationally, the study spanned 39 countries, concentrating on 10 significant export markets and pinpointing export opportunities exceeding USD 35 billion. Among these markets, Indonesia, LATAM, Poland, Brazil, Colombia and Bangladesh feature as a mature aftermarket with a significant number of aging vehicles. 

In contrast, North Africa, South Africa, East Africa, West Africa and the UAE are rapidly evolving markets, presenting substantial growth prospects. The collective export potential to these ten markets is projected to surpass USD 35 billion by 2028.

Speaking about the market potential for the industry, ACMA President, Shradha Suri Marwah, said, "The insights from the research highlight unique opportunities for the Indian auto component aftermarket players. The Indian components suppliers need to focus on building partnerships with international buying groups to gain market access, invest in marketing and branding, increase digital presence and build collaboration amongst the industry players to provide their joint offerings to tap the global market opportunities.”

Expressing his views on the performance of the industry, Director General of ACMA, Vinnie Mehta, said, “The Indian auto component makers witnessed a promising 7.5 percent growth in the first half of FY24 due to increased demand for pre-owned vehicles, preferential shift towards larger vehicles and the increasing formalisation of the repair and maintenance market. On the back of fast-growing aftermarket opportunities, we are thrilled with the response for participation, from both domestic and international players, at the ACMA Automechanika 2024. The event gives auto component manufacturers from across the world a platform to connect and demonstrate capabilities in the aftermarket. The exhibition has been seamlessly integrated into Bharat Mobility Global Expo 2024.”

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Smart Garage, an AI-driven automotive service marketplace startup, has raised INR 24 million in a Pre-Series A funding round.

This capital, the company said, represents the initial phase of a broader INR 150 million fundraising target. The company intends to secure the remaining INR 126 million over the next 12 to 18 months to support its expansion and reach a projected revenue run-rate of INR 800 million by the end of FY2027.

The platform operates on a B2B2C model, connecting a network of more than 500 partner garages across Tier-1 and Tier-2 cities with fleet operators, insurance firms and vehicle owners.

It aims to provide structure to India’s fragmented automotive aftermarket, which is currently valued at approximately USD 11–14 billion and forecast to reach USD 20–25 billion over the next decade. Smart Garage plans to scale its network to 10,000 workshops by 2030 through its software-as-a-service (SaaS) platform.

The newly acquired funds will be utilised to advance deep-learning capabilities in vehicle diagnostics, damage assessment and predictive maintenance. Smart Garage also intends to standardise its workshop network through structured training and strengthen digital workflows.

While the current revenue model is driven by franchise operations and spare parts supply via Pikpart, the company plans to introduce commission-based and recurring SaaS subscription models for its diagnostic and inventory management tools.

Pawan Singh Raghuvanshi, Founder and CEO, Smart Garage, said, “This INR 24 million Pre-Series A round marks the start of our broader INR 150 million fundraising journey. While the industry often focuses on hardware fixes, we believe real impact comes from solving deeper operational inefficiencies through AI and technology. Our goal is to build a transparent, trusted, and fully digital automotive aftermarket ecosystem in India – one that empowers workshops and delivers a seamless experience to customers.”

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Messe Frankfurt Saudi Arabia has announced the postponement of the upcoming edition of Automechanika Riyadh. Originally scheduled for 4-6 May 2026, the trade event will now focus on its return to the Kingdom in 2027.

The decision follows an assessment of the regional environment. The organiser stated that the move prioritises the safety and confidence of partners and staff while ensuring the event can maintain its international scale and value.

Automechanika Riyadh serves as a platform for the Saudi automotive aftermarket, connecting manufacturers, distributors, and service providers. The 2027 edition is intended to align with the growth of the sector under the country's Vision 2030 framework.

Martyn Cox, Show Director, Messe Frankfurt Middle East (MFME), said, “This is not a decision we have taken lightly. Automechanika Riyadh has quickly established itself as an important platform for the Saudi automotive aftermarket. However, our responsibility is to bring the industry together in a way that is safe, commercially valuable, and truly international in scale. In the current environment, and with the event only weeks away, this decision ensures we can deliver the strongest possible business outcomes for our exhibitors, partners, and visitors.”

Chris Lee, Portfolio Director for Mobility & Logistics at MFME, added, “We have taken the decision to focus on returning with a stronger, larger and more impactful event in 2027, one that reflects the ambition of the Saudi market and the strength of the global Automechanika brand.”

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The American National Highway Traffic Safety Administration (NHTSA) has released findings attributing 10 deaths and two injuries to air bag inflators manufactured by Jilin Province Detiannuo Safety Technology Co., (DTN). The agency concluded in an initial decision that the components contain a safety-related defect.

NHTSA opened its investigation in October 2025 following a series of crashes where frontal driver air bag inflators ruptured. According to the report, the units exploded during deployment, resulting in metal fragments entering the vehicle cabin.

Key Details of the Findings:

• Incident Scope: 12 crashes recorded over the past three years.
• Vehicle Models: Known incidents occurred in Chevrolet Malibu and Hyundai Sonata vehicles, though the risk may not be limited to these models.
• Component Origin: The parts were manufactured by DTN in China and are suspected of being imported into the United States.

NHTSA is currently investigating the volume of these inflators in the US market to determine if a permanent sales ban is required.

The agency has advised owners of used vehicles to verify repair histories, particularly if a vehicle was involved in a crash with air bag deployment since 2020 and was not repaired at a manufacturer's dealership.

Vehicles identified with a DTN inflator should not be driven until the component is replaced with parts from the original equipment manufacturer. Suspect inflators can be identified by specific serial numbers and bar codes on the inflator module and cap.

Sean P. Duffy, U.S. Transportation Secretary, said, “Our initial investigation into the use of illegal Chinese airbags in auto shops has revealed a disturbing trend: these substandard parts are killing American families. The Trump Administration will continue to fight to keep you and your family safe on our roads.”

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AIS Windshield Experts, an ISO 9001:2015 certified automotive glass repair and replacement company, has announced the opening of its 143rd service centre. The expansion brings the company’s operations to more than 70 cities in India, supported by a fleet of mobile service vans for on-site repairs.

The company provides glass solutions for all vehicle makes and models using materials that meet Original Equipment Manufacturer (OEM) standards. Maintenance and replacement tasks are performed by certified technicians and include a one-year warranty on products and workmanship.

Beyond standard glass replacement, the network handles specialised technical requirements, including:

• Luxury and Commercial Vehicles: Glass replacement for high-end cars and heavy vehicles.
• Modern Vehicle Sensors: Management of sensor recalibration and sunroof glass.
• ADAS Recalibration: Realignment of Advanced Driver-Assistance Systems following windshield replacement to ensure camera and sensor accuracy.
• Value-Added Services: Headlight restoration, wiper blade replacement and car battery services.

AIS Windshield Experts has established partnerships with major insurance providers to offer cashless facilities, intended to simplify the claims process for customers. The company’s growth strategy focuses on further penetration into Tier-II and Tier-III cities to standardise auto glass care in smaller markets.

Ratish Ramanujam, Executive Director & COO, AIS Windshield Experts, said, "Reaching 143 outlets is not just a number; it’s a testament to the trust over 1 million satisfied customers have placed in the AIS Windshield Experts brand. This expansive network significantly reduces downtime for vehicle owners and fleets, ensuring quick, reliable, and standardised service nationwide. We are proud to be driving the shift towards organised, quality-assured auto glass care in India. AIS Windshield Experts also specialises in high-end technical repairs and refinements like sunroof glass replacement, glass replacement in luxury cars as well as commercial vehicles, as well as handling the intricacies of delicate sensors in modern vehicles."

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