Messe Frankfurt Exhibition GmbH has acquired India's Automotive Engineering Show, the country's only trade fair focused on technologies for automotive manufacturing, for an undisclosed amount.
The company, which is present in India through a subsidiary -- Messe Frankfurt India Trade Fair Pvt Ltd, has expanded its portfolio of mobility and infrastructure fairs in one of the world' fastest growing automotive markets.
"We are delighted to add the fair to our existing portfolio, which will greatly complement our existing trade fair on the automotive aftermarket - Automechanika," Messe Frankfurt in India Managing Director Raj Manek said.
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"With its acquisition of the show, Messe Frankfurt intends to utilise its global network to bring together more domestic brands with international firms possessing world-class solutions, further propelling India's automotive sector," the company said.