Thursday, January 17, 2008

Auto Expo logs Rs 20,000 cr business

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NEW DELHI: The unveiling of the Nano may have stolen the limelight at the ninth Auto Expo but in real business terms too it was a whopper.

Around 1,200 exhibitors generated a record business of Rs 20,000 crore during the event. Around 1.8 million people, the highest in the history of the show, visited the expo that opened on January 10. Around 1,200 exhibitors generated a record business of Rs 20,000 crore during the event.

Confederation of Indian Industry (CII) deputy director general Gurpal Singh said, “The auto show saw over 9,000 trade enquiries. Of these, 66% enquiries came from business visitors, 21% from foreign visitors, around 4% from co-exhibitors and 8% from general visitors. More than 100 MoUs were also signed. While 59% were inked with business visitors, 27% with foreign visitors about 14% with co-exhibitors. Besides, we had conducted 1,400 business meetings at the expo which is the largest automotive event in Asia in terms of total space area.”

CII has appointed a committee headed by Ashok Leyland MD R Seshasayee to consider organising such auto shows in different parts of the country
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“We are considering various innovative ways to change the format of the show. Like the Hannover Auto Show or Frankfurt Auto Show, we can showcase different vehicles on alternative years. We are also considering making it an annual event and if the current venue Pragati Maidan lacks the space, we may move out of the capital,” said Dilip Chenoy, director general, the Society of Indian Automobile Manufacturers.

At the expo, 65 original vehicle manufacturers’ and 95 component makers had put up their pavilions and around 30 different car and automotive technologies were launched at the eight-day event.

 

 

 

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