The three-day event was held at the Bangalore International Exhibition Centre on Tumkur Road.
The second international Green Vehicle Expo 2021 was marked by low sellers’ participation and almost no presence of foreign companies.
This year, the expo has 80 sellers and only two German companies, said Ram Saundilkar, Managing Director of the event. In 2019, there were 95 participants and 10 international companies.
Pramod Jingoda, an entrepreneur who came to seek dealership opportunity for two wheelers and commercial vehicles in the expo said, “My team and I came from Hubli with many expectations, but I don’t see many participants. There are only a few companies offering any worthy dealership and product.”
Jingoda said that the margins for electronic vehicles were lower than those of petrol vehicles. Also, the variety of models was limited.
The Bangalore International Exhibition Centre (BIEC) hosted the second International Green Vehicle Expo 2021 on Nov. 27, 28 and 29.
It features a wide range of technologies and goods across the electric car and hybrid vehicle industries, making it an ideal one-stop shop for forming new business partnerships, engaging with industry experts, and identifying future business partners,said the organizers—Md Mudassir and Ram Saundilkar.
Some participants had a fruitful time at the expo. Mahesh Gondhali, chief executive officer of ADMS company said, “We sell two wheelers in a variety of segments. We have had a lot of visitors in this Expo and got hundreds of spot registrations from buyers.”
Arakshit, a sales manager of a lithium-ion battery manufacturing company says, “Lot of electric vehicle manufacturers are coming from Andhra Pradesh, Telangana and Tamil Nadu. We have managed to grab many dealerships with vehicle manufacturers in three days. Renting a stall in this expo was the best decision we made.”
The expo was opened for students on Nov. 29 (Monday) and the organisers and sellers offered test drives on the prototypes. Sadip Karki, a student visitor from KK Institute of Management said, “Our institute has urged us to attend the event and learn from industry experts.”
Mohit Prakash of the Lavoto Company said they are happy with the increase in brand recognition. “We convert petrol and diesel cars into CNG. We have got 20 orders till now,” he said.
The expo was organized by the state and central government, the Federation of Karnataka Chambers of Commerce and Industry, the Karnataka Small Scale Industries Association, the Auto Dealers Association of Bengaluru, the Karnataka Two-Wheeler Workshop Owners and Technicians Association and other local organizations.
Anwar Shaikh, an automobile expert says, “Vehicle expos are very beneficial for the sellers. Particularly in EV expos the industry is new and these kinds of expos help to sellers to network. Brand does not necessarily make profit by renting stalls at expos. But they do get the brand recognition. Investors are always looking for potential technologies and expos are best place for them.”