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Tuesday, February 9, 2016

2016 Auto Expo in New Delhi,India - Auto Expo 2016 draws to a close with 108 new product launches Tuesday February 09,2016

 

Curtains came down on the biennial automotive show 'Auto Expo' with the event witnessing over 108 product launches and unveilings during the five days.
 

The show, which was opened to public from February 5 till February 9, 2016 saw over 6 lakh auto enthusiasts making to the marquee event, falling short by about a lakh from what the organisers had expected.

Some of the major product unveilings during the event included Maruti Suzuki's compact sports utility vehicle Vitara Brezza and Hyundai Motor India's upcoming premium sports utility vehicle Tucson and Honda Cars's seven seater BR-V.

"With over 108 new products being launched and unveiled and over 6,01,914 footfalls received over the last one week, we believe this Expo will strengthen the belief of our manufacturers in the Indian automotive industry," SIAM Director General Vishnu Mathur said in a statement.

The exposition, which is jointly organised by - Automotive Component Manufacturers Association (ACMA), Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM), expected over 7 lakh footfalls during the event.

The show witnessed various Bollywood stars including Akshay Kumar, Katrina Kaif, Ranbir Kapoor, John Abraham, Alia Bhatt, Anil Kapoor, Manoj Bajpayee turning up for various events.

The cricketing fraternity too had a fair share of representation in the form of Sachin Tendulkar, Zaheer Khan, Virat Kohli, Piyush Chawla and former cricket legend Mohinder Amarnath.

Around 5.6 lakh people had visited the show during the last edition in 2014. The Auto Expo 2016 had 65 manufacturers from across the globe exhibiting products.
Some of the major participants would be Maruti Suzuki India, Mahindra, Hyundai Motor India, Honda Cars India, Tata Motors and Audi, among others.

New participants included Jeep, Polaris, and Italian motorcycle maker Benelli.

Some companies have also given it a miss citing high costs and low returns on investments.
These include Bajaj Auto, Daimler India Commercial Vehicles (DICV), Royal Enfield and Harley Davidson.

The first two days, exclusively for media, saw new investments, launches, concepts unveiled by global CEOs signifying further consolidation of the industry in 2016.

The event was opened for general public from February 5,2016

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