8th Auto Expo
We won’t be going, though. The 8th Auto Expo is held in Pragati Maidan, New Delhi, in India. Considered one of the biggest—if not the biggest--auto show in Asia, participants included foreign manufactures such as Ford, Volkswagen, and Suzuki; and domestic manufacturers Mahindra and Mahindra (M&M), Maruti, and Tata Motors.
The expo, organized by the Society of Indian Automobile Manufacturers Auto Component Manufacturers' Association and the Confederation of Indian Industry, drew more than a thousand participants from automakers to suppliers to parts makers, with China alone setting up sixty booths. Organizers expect financial transactions to reach over a $100 million.
"The response is enormous and we expect that business deals, valued around $55 million in the 2004 edition, will cross $100 million (this year),'' stated a senior Confederation official.
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