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French automotive industry to showcase innovations at Auto Expo from Jan 12-15 in New Delhi

Updated: Jan 10, 2023 11:55:56am
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French automotive industry to showcase innovations at Auto Expo from Jan 12-15 in New Delhi

New Delhi, Jan 10 (KNN) The Auto Expo 2023 will witness a French pavilion displaying innovation from suppliers of the automotive industry right from auto components to batteries and more globally, technologies from the intelligent transportation sector.

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Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM is organising the expo at Pragati Maidan in New Delhi from January 12 to 15, 2023.

The French pavilion will be set up by the trade and investment commission of the French Embassy in India.

This year's theme is 'TECHNOVATION – Global platform for future technologies and innovation'.

French pavilion will showcase companies offering sustainable technologies like fuel tanks, electric battery solutions, Hydrogen storage and other components like silicone hoses, metal rubber parts etc.

The Indian automotive market is the 4th largest in the world with strong growth potential. India has nearly 19 passenger and 14 commercial vehicle manufacturers, more than 500 automotive suppliers and 10,000 subcontractors.

FDI inflow into the Indian automobile industry during April 2000-March 2022 was worth USD 32.84 billion with a rise of foreign companies offering solutions to support this rapid growth and demand in India.  (KNN Bureau)

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