Indian Express - Pune

Auto Expo to witness 24 new launches, to be largest

Date: 16/01/2018 | Edition: Pune | Page: 14 | Source: PTI | Clip size (cm): W: 8 H: 9

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Extracted Text data: Auto Expo to witness 24 new launches, to be largest PRESS TRUSTOF INDIA MUM BAI, JANUARY 15 THE 14TH editionof thebiennial Auto Expo, slated for Febroartr9- 14, is expected to see 24 new launches andover100unveiling of vehicles, the organisers said on Monday. The expo is being held at the India Expo Mart in Greater Noida, near the Capital, while components show will be held at the Pragati Maidan in Delhi from February 8-11. The joint inauguration of Auto Expo 2018 will be held on February 8. "We aregoing to see over 24 launches and unveiling of over 100 vehicles during the expo," Society for Indian Mobile Automobile Manufacturers Association(SIAM) headSugato Sen said here during a media conference. This year's show will be much higher than the 2016 edi-tion, which saw only two-three launches, he said. The new launches and unveiling of the products will be from across segments — passenger and commercial vehicles and two-wheelers The new launches and un-veiling of the products will be from across segments — passen-gerand commercial vehiclesand two-wheelers. On February 7-8, there is a preview of more than 100 products," chainnanof the SIAM trade fair group, Arun Malhotra said. The expo is being organised by SIAM jointly with the Automotive Component Manufacturers Association of India (ACMA) and the Confederation of Indian Industry (CII). Asked about some of the leasing players such as Nissan, Audi, Volkswagen, Skoda, Ford and Ducati, skipping the mega event, Sen said the trend gener-ally has been that only 50 per cent of the SIAM members par-ticipate in the show. "Some of the regulars have opted out. We have 48 members and noneof theevent in thepast has seen more than 50 percent participation," Sen said. He, however, refuted reports in a section of the media, saying companies are skipping the show due to high cost of partic-ipation, adding there are some new entrants like Korean Kia Motors and Japanese Kawasaki in the current expo. India right now is going through a huge disruption in the auto market With direct transi-tion from BS-IV to BS VI in two years and the EV plan etc, com-panies are not really bringing in new conventional vehicles any-more," he said. "Also, we have not changed the space rentals since 2012. On the contrary, we have re-duced them by offering dis-counts," he said