Messe Frankfurt India Trade Fair Pvt Ltd, has formally announced its acquisition of the Automotive Engineering Show, an Indian trade fair that is focused on technologies for automotive manufacturing.
India is quickly becoming one of the most popular markets for automotive manufacturing, with a number of key global brands already operating production plants within the country. The country’s automotive industry is estimated by experts to experience unprecedented growth due to domestic automotive production reaching a CAGR of 12.2 percent between the fiscal years 2005 – 2013. Additionally, India’s export of domestically-built automobiles recently increased by 2.03 percent. With its acquisition of the show, Messe Frankfurt intends to utilise its global network to bring together more domestic brands with international firms possessing world-class solutions, further propelling India’s automotive sector.
Messe Frankfurt intends to implement international standard in trade fair organisation to the Automotive Engineering Show. Mr Raj Manek, Managing Director of Messe Frankfurt in India stated: “The Automotive Engineering Show has already established itself as a credible industry platform. We are delighted to add the fair to our existing portfolio, which will greatly complement our existing trade fair on the automotive aftermarket – Automechanika.”
Mr. Sameer Khedkar, Director of Focussed Event Management Pvt Ltd commented “We are pleased to work with Messe Frankfurt, as we believe that their expertise and unmatched global presence will become an invaluable asset to the Automotive Engineering Show’s future development. With Messe Frankfurt acquiring the show, I believe we will see the Automotive Engineering Show gain a stronger foothold in the domestic industry as well as receive more international participation.”