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    PHILAUTO’17 EXPO NEWS: JOIN THE INDIA PAVILION AT PHILIPPINE’S NO.1 AUTO AFTERMARKET SHOW. OPPORTUNITIES ABOUND FOR THE TAKING AT PHILAUTO!    
         
    The Philippines auto parts industry is striving hard to turn the country into a significant automotive player in the medium-term and become a regional hub for vehicles and parts in Asia supported by a strong domestic supplier base. Local industry players see the Philippines automotive market pumping in sales, accounting for eight to 10% of the total vehicle sales in the region by 2020. The Philippines, however, will become an important automotive market growth area in the region as volume of vehicles sold is expected to zoom to 500,000 units by 2020, according to industry experts. The Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) said the industry is targeting the following:

CKD local content: 46% in 2013 to 68% in 2019-2020
(based on CKD production of 170,000 units in 2014-2015 to 330,000 in 2019-2020)
Domestic OEM sales of P43 Bil (USD$0.86 Bil) in 2014
Domestic aftermarket sales of P183B (USD$3.67 Bil) in 2014
Export sales of US$6 Bil (USD$0.12 Bil) of international quality parts in 2015
Employment of 150,000 (parts and assembly) and 50,000 in allied industries
Taxes and duties of P50 billion (USD$1 Bil)

   
    In addition to this, the Philippines is implementing the Comprehensive Automotive Resurgence Strategy (CARS) Program in order to attract new investments, stimulate demand and effectively implement industry regulations that will revitalise the Philippines automotive industry, and develop the country as a regional automotive manufacturing hub. The Philippines automotive market, on the whole including the aftermarket and OEM sectors clearly have boundless opportunities waiting to be tapped by the locals as well as foreign players who have the propensity to undertake these projects in the various sectors.    
       
    At PHILAUTO’17 (the 4th edition), we are expecting a bigger India Pavilion this year. As the Largest International Auto Aftermarket Expo in the Philippines, held at the SMX Convention Centre from 14-16 July 2017, the event will be throbbing to the beat of the booming Philippines automotive industry, set in a backdrop of one of the fastest growing automotive aftermarkets in Asia. More importantly it is where thousands of industry players gather and network to explore business cooperation and opportunities.

PHILAUTO’17 is geared to provide the right environment as well act as a real catalyst to the auto aftermarket industry as there’s a clear sign that demand is switching focus from reused/reconditioned to new replacement parts. To add to this, the number of new vehicles grew over 27% in early 2016 and is projected to exceed the 250,000 achieved in 2015.

There’s no better time than now to accelerate your business and be a part of the country’s No.1 Auto Aftermarket Show.  We are throwing in special Packages for Indian Companies. For more information on the India Pavilion,
please contact Mr Joshua at josh@ambtarsus.com or
Ms Reyna at reyna@ambtarsus.com to book your booth.

   
         





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