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  • SIAM appoints Mr Vinod Aggarwal as its new President

    15-Sep-2022 | New Delhi

    The Executive Committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Mr Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as it’s new President for 2022-23. Mr Vinod Aggarwal, who was the Vice President of SIAM succeeds Mr Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India Ltd. The election for new office bearers was conducted during the Executive Committee Meeting, which was held after SIAM’s Annual General Meeting today.

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  • 62nd SIAM Annual Convention 2022 emphasizes Responsible and Sustainable Nation Building

    15-Sep-2022 | New Delhi

    Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organized its 62nd Annual Convention today at New Delhi. Several senior leaders from the Government, policymakers, and industry experts deliberated on and brainstormed strategies for the future of sustainable Mobility. In the special plenary session 4 titled “Building the Nation, Responsibly”, Guest of Honour, Mr. Arun Goel, Secretary, Ministry of Heavy Industries, Government of India, commented, “We need to encash the disruption of modern technologies and innovative approaches such as EVs, biofuels, and others. The FAME-II scheme of the government helped in catapulting EV adoption. The Government and the industry need to make dedicated efforts to help India achieve the target of net-zero by 2070, while making the country auto manufacturing hub for the world.”

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  • Indian Auto Sector Committed Towards Decarbonisation

    15-Sep-2022 | New Delhi

    In its 62nd Annual Convention, SIAM, the apex automobile industry body, discussed the significance and ways to decarbonise the Indian auto sector to help India accomplish its goal of net-zero by 2070. The third plenary session titled “Decarbonising Indian Auto Sector” witnessed the participation of Dr. J. R. Bhatt, Advisor/Scientist, Ministry of Environment, Forest and Climate Change, Government of India, Mr. Andre Aranha Correa Do Lago, Brazilian Ambassador to India, Mr. Sharad Verma, Managing Director and Senior Partner, Boston Consulting Group, Mr K N Radhakrishnan, Chairman, SIAM Two Wheeler CEOs Council and Director & CEO, TVS Motor Company Ltd, Mr Diego Graffi, Chairman, SIAM Three-Wheeler CEOs Council and Managing Director & CEO, Piaggio Vehicle Pvt. Ltd, major auto makers and other dignitaries.

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  • Auto Industry could touch Market Size of 15 L Cr says Shri Nitin Gadkari at SIAM Annual Convention

    15-Sep-2022 | New Delhi

    Putting spotlight on Indian Auto Industry’s pivotal role in the nation’s economic growth, the Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, marked its 62nd Annual Convention with deliberations on recovery and future potential of the automotive industry. The 2nd special plenary session on “Indian Auto Industry for India’s Economic Growth”, Guest of Honour, Shri Nitin Gadkari, Hon’ble Union Minister of Road Transport & Highways, Government of India said “For making India a 5 trillion dollar economy and to achieve the Government’s vision of Aatmanirbhar Bharat, the automobile industry will play a critical role. Within the next 5 years, we are looking at making the auto industry touch a market size of 15 lakh crore. We strongly urge the industry to be quality, innovation and safety centric. With a thrust on innovation in renewable sources of fuel like ethanol based Flex Engine and green hydrogen, vehicular pollution can be reduced substantially.”

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  • Auto Industry’s Growth to be an Integral in Government’s Vision of ‘Amrit Kaal’ – SIAM Annual Convention

    15-Sep-2022 | New Delhi

    Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organized its 62nd Annual Convention today at New Delhi. On the Occasion of 62nd SIAM Annual Convention Hon’ble Prime Minister of India, Shri Narendra Modi in his message highlighted the significance of the mobility sector and its role in the progress of humanity. He emphasized accomplishing self-sufficiency in the automobile sector during 'Amrit Kaal' by availing the benefits of his government's initiatives like the PLI scheme to boost manufacturing.

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  • Auto Industry Sales Performance of August 2022

    09-Sep-2022 | New Delhi

    Monthly Performance: August 2022 Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of August 2022 was 2,275,407 units. Domestic Sales: • Passenger Vehicles* sales were 281,210 units in Aug 2022. • Three-wheeler sales were 38,369 units in August 2022. • Two-wheeler sales were 1,557,429 units in August 2022.

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