SIAM is the Apex National Body representing Indian Automobile Industry

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  • Hon’ble Prime Minister Highlights Vision for Sustainable Mobility at SIAM's 64th Annual Convention

    10/09/2024 | New Delhi

    New Delhi, 10 September 2024: At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) today, the industry focused on “Sustainable Mobility Journey towards Viksit Bharat” wherein prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047.

    In his special message, Hon’ble Prime Minister of India, Shri Narendra Modi, emphasized on the need for the Automobile sector to set an example for others to follow and said, “The road ahead demands that our progress is rapid while also being sustainable. Working on greener and cleaner mobility is a vital step in this direction”.

    Chief Guest, Shri Nitin Gadkari, Hon’ble Union Minister of Road Transport & Highways, Government of India, highlighted the Government's initiatives and vision for sustainable transportation, stating, "The automobile industry plays a pivotal role in realizing the Prime Minister's vision of transforming India into a 5 trillion-dollar economy and elevating it to the third largest economy globally. Our ambition is to extend it as the number one auto manufacturing industry worldwide. As we target a carbon-neutral status by 2070, innovation and sustainable practices in the auto sector are crucial."

    Guest of Honour, Mr. H. D. Kumaraswamy, Hon’ble Union Minister of Heavy Industries and Steel, Government of India, spoke on the critical importance of industrial growth aligned with sustainability goals. He remarked, “Enhanced by our Prime Minister's sustainability pledges in Glasgow and robust Make in India initiatives, we are aggressively promoting electric mobility. Government policies are geared to fuel this transition, fostering a conducive environment for industry growth and sustainable development."

    Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd., highlighted the automobile industry's role in driving sustainable mobility. He stated, "The automobile industry is keeping pace and setting the standards for sustainable growth. Contributing 6.8% to the GDP and witnessing an impressive 12.5% growth last year alone, the industry’s turnover has soared to ?20 lakh crore. As we look towards 'Viksit Bharat 2047', SIAM’s commitment to decarbonisation and safety is steadfast. With initiatives like the FAME program fuelling a 90% growth in EVs Passenger Vehicles, along with Ethanol and Gaseous fuels we are steering towards cleaner, greener mobility."

    Mr. Shailesh Chandra, Vice President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., emphasized the need for a collective effort to accelerate the transition to sustainable mobility. He said, "The government’s strong commitment to sustainable mobility and the constant support from the ministries have facilitated the industry’s transitioning to sustainable mobility. We are fully aligned with the government's vision of ensuring sustainable, safe, and affordable transport solutions, and achieving net carbon-zero in future."

    Mr. Rajesh Menon, Director General, Society of Indian Automobile Manufacturers (SIAM), was also present during the session. He highlighted SIAM’s various initiatives and commitment towards sustainable mobility.

     

    About SIAM

    The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle and vehicular engine manufacturers in India. It is a society with charitable objectives registered under the Societies Registration Act, 1860. Its objectives include enhancing the contribution of automobile industry to the growth and development of Indian economy, assisting the automobile industry to meet its social obligations and encouraging the efficiency of industry in general and automobile industry particularly in India. SIAM focuses on activities related to improvement of environment and ensuring safety and protection of automobile vehicle users and public at large. Recognising these objectives, SIAM has been granted registration under the Income Tax Act, 1961 as an institution with charitable purpose.

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