The Indian automotive industry is gearing up to stamp its authority on the international arena with the Auto Expo that will witness four global launches of new cars, including the much-touted Tata's Rs one-lakh car.
With around 2,000 participants and 1,20,000 square feet of display area, the 9th Auto Expo would be next only to the Shanghai Motor Show in terms of space occupied and is expected to host over 12 lakh visitors during January 10-17.
"This time around not only our display area has doubled but the participation has also increased considerably. There will be four global launches of cars out of a total of 25 new launches during the expo, which is inclusive of components," CII Deputy Director General Gurpal Singh told PTI.
In terms of business, he said, this year's expo is likely to generate double the amount from the last one. The 8th Auto Expo two years ago did a business of over Rs 10 crore.
He said of the 2,000 exhibitors, as many as 60 per cent are domestic while the remaining are global players. Adding a feather to its cap is the fact that the Auto Expo has received accreditation from OICA (Organisation Internatinale Des Constructeurs D'automobiles) of France.
Organized jointly by Confederation of Indian Industry, Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India, the 9th Auto Expo would be open for general public from January 10-17 at Pragati Maidan here.
Entry tickets have been priced at Rs 500 for business and Rs 150 for general public.