Event Name: Sri Lanka Auto Parts Expo 2018
Location: Sri Lanka Exhibition and Convention Centre (SLECC)
LANKAAUTO 2018 is a B2B exhibition that provides a marketing platform for auto, auto parts, accessories and service and repair equipment manufacturers and suppliers to meet face-to-face with buyers and business owners. Organized by CEMS-Global USA and CEMS Lanka was held from August 24 to 26 at the Sri Lanka Exhibition and Convention Centre (SLECC). Lubricant Companies, Battery Companies and Automotive Component Manufacturers and Importers from China, India, Bangladesh, are showcasing their products in the hall.
Sri Lanka has witnessed a steady rise in motor vehicle population, with an 8% increase from 6.3 million registered vehicles in 2015 to 6.8 million registered vehicles in 2016, as reported by the Ceylon Chamber of Commerce. The South Asian country recorded an average growth rate of 6.07% from 2003-2016, and the GDP per capita in Colombo hit US$ 3,800 in 2016. The improvement in household income is anticipated to drive up sales and boost demand in the auto and auto aftermarket industry.