AutoTechnicia 2025- Trade Fair for the Automotive Aftermarket in India
International B2B Trade Fair for Automotive Aftermarket Industry
Bombay Exhibition Centre (BEC) - Mumbai - India
NOVEMBER 2025
13
14
15
About - Indian Market
India’s Automotive Aftermarket – Future Growth
The Indian automobile industry is a key contributor to the country’s economic growth. It adds 7.5% to the overall GDP and 49% to India’s manufacturing GDP. Interestingly, amid the challenging circumstances, the Indian auto parts industry witnessed a remarkable 23% growth, contributing 2.3% to India’s GDP. Estimates claim that by 2026, the auto parts export business alone is likely to contribute about 7% to India’s GDP.
This development has given rise to the PACE (Personalized, Autonomous, Connected, and Electrified) paradigm, marked by a rapid transformation with a shift towards sustainability and electrification.
Additionally, the inception of marketing tech for an enhanced customer experience is going to play a pivotal role in the industry’s transformation in the coming years. Auto-enthusiasts can expect a host of developments such as a simplified supply chain and virtual showroom experience besides the electrification of vehicles. Here are the trends to watch for in the future.
Essentially, people have started paying more attention to high-end safety equipment in their cars. In light of the rising number of road accidents, the aftermarket industry is developing advanced technological solutions to proactively adjust to Indian road conditions to ensure better safety for passengers and pedestrians. As consumers become more tech-savvy, aftermarket businesses are looking to leverage data-driven marketing strategies to reach their target audience effectively. As e-retailers and e-service aggregators are emerging, online platforms are becoming increasingly popular, acting as a substitute for the traditional channel of Manufacturer to Retailer, which consisted of distributors, wholesalers, and retailers.
The growth of aftermarket in India is fuelled by a steady increase in the vehicle parc, which currently stands at 340 million and is expected to grow at a CAGR of over 8% for the next five years. The Two-Wheelers and Passenger Vehicles parc are projected to show robust growth from 257 to 365 million units and from around 47 to over 72 million units respectively by 2028. The pre-owned cars sales are projected to grow around 17.5% CAGR until FY 28, fuelled by organised businesses and online platforms. The commercial vehicle parc is expected to grow from 13 million units to 19 million units in 2028. The tractor segment currently contributes close to USD 1 billion to the Indian aftermarket and the parc is expected to grow from 14 million units to over 19 million units during the 2023-28 period.
The AUTOTECHNICIA 2026 in Mumbai from November 13-15, 2025, in NESCO, Mumbai will witness 350+ exhibitors, showcasing their aftermarket product innovations, technological advancements, and sustainable mobility solutions.
THE INDIA AFTERMARKET OPPORTUNITY
A. BOOMING AUTOMOTIVE INDUSTRY: As of 2023, India stands as the 3rd largest automobile market in the world in terms of sales. India stands as the largest manufacturer of two-wheelers and tractors, 2nd largest bus manufacturer, and 3rd largest heavy trucks manufacturer in the world.
B. ROBUST AUTOMOTIVE R&D CAPABILITIES: Establishment of R&D centres is instrumental in making Indian ecosystem self-sufficient and developing a stronger presence. India accounts for 40% of total $ 31 Bn of global engineering and R&D spend. Up to 8% of the country’s R&D expenditure is in the automotive sector.
C. FUTURE READY AUTO AFTERMARKET: The past few years has seen the Indian automotive aftermarket grow swiftly driven by raise in digitisation and a growing e-commerce supported by an ecosystem of independent aftermarket chains, automotive OEMs and component suppliers. Further, Right to repair talks could unlock India’s vast aftermarket potential, boosting convenience, choice and affordability of vehicle parts.
D. STRENGTHENING AUTO COMPONENT TRADE: India’s auto component exports to the world have steadily grown to reach 20bn USD in FY 2023. India has preferential access, economic cooperation, and free trade agreement with more than 50 individual countries as of 2023.
The automotive aftermarket in India is anticipated to reach approximately $14 billion by 2028, according to a Global Automotive Aftermarket Research Report by the Automotive Component Manufacturers Association (ACMA) in collaboration with Ernst & Young (EY). The study, covering 39 countries across six continents, indicates that the global aftermarket represents an export opportunity of over $35 billion for India.