The Automotive Components Manufacturers Association (ACMA), the apex body of India’s automotive components industry, hosted the first-ever edition of the two-day ACMA Farm Equipment and Implements Localization Exhibition , which began on Wednesday.
The exhibition aims to showcase the latest developments and excellence in automotive component technologies for agricultural equipment by domestic component manufacturers. The expo will be an annual feature of the ACMA as it strives to provide a one-stop platform for all stakeholders for better business prospects and to develop a highly localized, resilient and robust supply chain.
On the first day, over 50 leading component suppliers showcased their latest products and technologies. The exhibition attracted strong interest from major agricultural equipment manufacturers and OEMs such as TAFE, Mahindra & Mahindra, John Deere India, Escort Group, Swaraj, CHN Industrial, JCB India, among others.
Commenting on the need for sustainable industry development, Sunjay J Kapur, Chairman of ACMA and Chairman of Sonacomstar, said: “The agricultural equipment industry across the world is transforming in light of the challenges on the front lines of energy security, concern for the environment and reduction of the carbon footprint. As India declares to achieve carbon neutrality by 2070, the automotive and agricultural sectors, along with all other industry verticals, will need to work in unison to achieve this national goal. Moreover, I am convinced that component manufacturers, attentive to the changing landscape of the industry, invest appropriately to remain at the forefront of technology.
Vinnie Mehta, Managing Director of ACMA, said: “The agricultural sector has shown promising growth despite the pandemic, it recorded a sale of 9.6 lakh units in the fiscal year 2020-21 and over 9 lakh units in the first 11 months of FY 2021-22.