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  • SIAM Automotive Sourcing Conclave Focuses on Building a Resilient Supply Chain

    21-Nov-2023 | New Delhi

    Industry experts and leaders came together to address challenges in the Supply Chain New Delhi, November 21, 2023: Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, hosted the Automotive Sourcing Conclave under the theme "Towards Building a Resilient Supply Chain." The conclave addressed critical areas in the supply chain, including EV components, electronics and electricals, transmission systems, and metals. The conclave witnessed active participation from several coveted speakers including senior government officials, Sourcing heads of Automobile companies, and experts from the automobile supply-chain. Guest of Honour, Dr. Hanif Qureshi, Joint Secretary at the Ministry of Heavy Industries, Government of India, said, “SIAM and ACMA's close collaboration with the Government of India, plays a pivotal role in shaping policies. The essence of these policies, particularly in the automotive industry, revolves around localisation, which is the heart of the Government's approach. There is substantial potential for domestic value addition within the country. The growth trajectory is marked by advanced automotive components and R&D in this sector must be promoted.”

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  • Auto Industry Performance of October-2023

    10-Nov-2023 | New Delhi

    Monthly Performance: October 2023 Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and Quadricycle in October 2023 was 26,21,248 units Domestic Sales: • Passenger Vehicles2 sales were 3,89,714 units in October 2023. • Three-wheeler sales were 76,940 units in October 2023 • Two-wheeler sales were 18,95,799 units in October 2023.

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  • Auto Industry Performance for September, July-September, and April-September 2023

    16-Oct-2023 | New Delhi

    Monthly Performance: September 2023 Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and Quadricycle in September 2023 was 25,19,105 units Domestic Sales: • Passenger Vehicles2 sales were 3,61,717 units in September 2023. • Three-wheeler sales were 74,418 units in September 2023 • Two-wheeler sales were 17,49,794 units in September 2023. 1 BMW, Mercedes, JLR, Tata Motors & Volvo Auto data are not available. 2 BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data for September included only in this document. Performance: July-September 2023 Production: The total production of Passenger Vehicles3, Commercial Vehicles4, Three Wheelers, Two Wheelers, and Quadricycle in July-September 2023 was 74,03,794 units

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  • Sustainable Mobility Takes Center Stage at SIAM's 63rd Annual Convention

    12-Sep-2023 | New Delhi

    Society of Indian Automobile Manufacturers (SIAM), the apex body representing leading automobile manufacturers of the country, commemorated its 63rd Annual Convention deliberating on the way ahead for Sustainable Mobility. On the Occasion of 63rd SIAM Annual Convention Hon’ble Prime Minister of India, Shri Narendra Modi in his message mentioned that for over six decades SIAM has been serving the Nation admirably. He said India is the 5th largest economy and is soon poised to reach top 3. Hon’ble Prime Minister also noted Indian Auto Industry’s efforts towards decarbonization through introduction of vehicles with wide range of powertrain technologies. By 2047, we aspire to realize the vision of building a sustainable, self-reliant, strong and developed India.

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  • Balancing Growth Aspirations with sustainability – SIAM Annual Convention 2023

    12-Sep-2023 | New Delhi

    The 1st plenary session of SIAM’s 63rd Annual Convention themed “Balancing Growth Aspirations with Sustainability”, was moderated by Mr. Shailesh Chandra, Vice President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. He welcomed the panel and introduced the theme of the session. During the session, Mr. Kamran Rizvi, Secretary, Ministry of Heavy Industries said, “Given the ever increasing incentives being provided by Government of India for EVs, compared to phasing down of incentives in China, UK & Europe, Indian companies should now become global leaders in electric.” He requested the Auto Industry to launch campaigns on lowering the Total Cost of Ownership of EVs, which will automatically propel higher offtake of EVs.

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  • Sustainable Mobility – Global Benchmark SIAM's 63rd Annual Convention

    12-Sep-2023 | New Delhi

    During 2nd plenary session of SIAM’s 63rd Annual Convention themed "Sustainable Mobility – Global Benchmarks", Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd addressing the gathering, said, “We need to learn from the global strategies we have been witnessing in the automotive sector and examine their applicability in India. With increased focus on sustainability, prominent avenue for the auto industry's growth lies in the adoption and promotion of clean-energy vehicles. This includes embracing other powertrains, including eco-friendly flexi fuels and making vehicles compliant to it.” Mr. Guenther F. Apfalter, President of Magna Europe & Asia, delivered an insightful presentation on Fuel Cell Electric Vehicles (FCEVs) and Battery Electric Vehicles (BEVs) from a European perspective. Highlighting the evolving landscape of powertrains in Europe and underscored the significance of clean and efficient mobility solutions. Prof. Suani Coelho, Professor, Institute of Energy and Environment and Coordinator of the Research Group of Bioenergy, University of São Paulo, shed light on Brazil's pioneering role in sustainable transportation through biofuels, offering valuable insights into innovative approaches to clean energy.

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