On May 21, 2024, in Ludhiana, the 3rd edition of the ACMA Farm Equipment & Implements Localization Expo was successfully held by the Automotive Component Manufacturers Association of India (ACMA), the highest authority in the Indian auto component sector. With more than 60 well-known exhibitors, the show attracted interest from committed business-to-business (B2B) attendees and industry insiders, encouraging interactions between producers and presenting state-of-the-art developments in agricultural tools and equipment.
A. S. Mittal, Vice Chairman of Sonalika Group and President of TMA, gave the distinguished event its start. The occasion, which featured a wide range of products, highlighted the significance of localization in the Indian agriculture sector. Prominent automobile component and implement producers from all across the nation, including Subros Limited, JK Fenner, Tata Autocomp Systems Ltd., Steelbird International, and numerous others, showcased state-of-the-art technology intended to improve agricultural sustainability and productivity.
Vinnie Mehta, Director General, ACMA said, “The 3rd ACMA Farm Equipment & Implements Localization Expo has seen an overwhelming response, underscoring our commitment to developing a robust, self-reliant supply chain in the tractor and implements industry. The Indian farm machinery sector, valued at USD 16.73 billion in 2024, is projected to reach USD 25.15 billion by 2029. By championing localization and leveraging government schemes, we aim to significantly reduce our dependence on imports and enhance our export competitiveness.
Mehta further added, “In the upcoming editions of the Expo, the Auto Component Manufacturers Association and The Tractor and Mechanization Association (TMA), in partnership, would like to have strong presence of international Agri-OEMs as business visitors in the show. This will be a step towards promoting the capabilities of our domestic industry for exports.”
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