The much awaited event of the just born new year has come off –Auto Expo in New Delhi. There is no less momentum to the previous ones and the event is gracefully colored by 2100 participants drawn from 30 counties. The organizers of the event, SIAM and CII expressed the hope that nearly two million visitors may throng the venue during the week, surpassing the ones at Shanghai and New York in 2009.
The highlights of the event will be 40%more visitors, 10global launches and 50 various launches covering major auto makers. The Indian auto industry accrues a turn over of Rs90000 crore and this event will be an ideal platform to analyse the strategies, said the SIAM’s President. The formal inauguration of the event will be on 6th January by the Heavy Industries Minister and Commerce Minister. The event has attracted participants from Canada, China, Finland, France, Italy, Japan, Spain, Taiwan, and Britain.
The event will display all sort of vehicles – commercial, two wheelers and auto accessories. Toyota’s Etios, VW’s mini Polo, GM’s Beat, Honda’s new model are a few to quote from the significant ones. Component designs are added attraction as companies of local and global have converged. The event turns out to be a platform to muscle the companies in the potential Indian market, said ACMA President.