Automotive Component Manufacturers Association of India (ACMA) will conduct its first ever buyers-sellers meet at Hotel Emperador, Liberatodor in Buenos Aires, Argentina on October 24, 2017. The event is being held with the support of the Ministry of Commerce & Industry, Government of India, the Indian Embassy Buenos Aires, Asociación de Fábricas Argentinas de Componentes (AFAC), Federación Argentina de Camaras de Comerciantes en Respuestos del Automotor (FACCERA) and Cámara de Importadores de la República Argentina (CIRA). As many as 24 leading Indian auto component manufacturers will display their wide variety of auto components comprising of body and structure parts, engine and exhaust, suspension and braking, transmission and steering, electrical and electronics and rubber products developed under stringent quality norms.
“Argentina is the third most populated country in South America having 13.6 million vehicles with after-market estimated at $ 2.5 billion in 2015. This offers a significant upside opportunity to the Indian auto component manufacturers to service the growing vehicle fleet and after-market demand. Events of such stature will help the participating Indian auto component manufacturers to showcase their growing technical capabilities and develop business linkages with OEMs, Component Dealers, Distributors, Retails, and other stakeholders,” said Vinnie Mehta, Director General, ACMA.