Press Release Themed “Re-Building the Nation, Responsibly: Connecting the Indian Vista with Improved Safety requirements & Environment Management” Society for Automotive Fitness & Environment (SAFE), a SIAM initiative, organised its 21st edition of SAFE Annual Convention on 25th September 2020, on a virtual platform. The Convention covered three major sessions, the Inaugural Session, Session on Road Safety and a session[Read More…]
Society of Indian Automobile Manufacturers (SIAM) and Grant Thornton India, released the findings of an opinion poll, titled, “Personal Mobility Experience post COVID-19”. The joint survey suggests a shift in preference, with more consumers likely to opt for owned vehicles, than travel by public transport. 73 per cent of the respondents displayed their willingness to purchase new vehicles as the[Read More…]
Press Release Auto Industry Sales Performance of August & April-August 2020 Monthly Performance: August 2020 Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of August 2020 was 21,62,367 units, as against 22,31,355 units in August 2019 with a de-growth of (-) 3.09 per cent. Domestic Sales: • Passenger Vehicles* sales was 2,15,916[Read More…]
Roadmap to augment localisation and harness export potential of the Indian Auto Industry The Society of Indian Automobile Manufacturers (SIAM), hosted its 60th Annual Convention virtually today, titled “Re-Building the Nation, Responsibly”. During the convention, the panelists spoke about possible ways that can help in fostering increased localization in the Indian Automobile Sector, improve ease-of-doing business scenario in the[Read More…]
Union Minister Nitin Gadkari Upholds Long Term Regulatory Roadmap & Infrastructure Development at SIAM 60th Annual Convention Amidst the multipronged COVID 19 challenges, Society of Indian Automobile Manufacturers (SIAM) marked its 60th Annual Convention with a series of virtual plenary sessions deliberating upon the revival and future of the automotive industry. Gracing the occasion for the plenary session on “A Long[Read More…]
Society of Indian Automobile Manufacturers (SIAM) launched a unique Environment Lecture Series for attaining sustainability in the auto sector by organizing the first virtual lecture of the series. The objective of the twin lecture series is to disseminate knowledge, domain technological advancements, and policy/regulatory landscape along with a ‘cradle-to-cradle’ model aimed at eliminating waste through recycling and reuse of[Read More…]
From being considered a healthy alternative to China in the aftermath of the Covid-19 epidemic, the Indian automotive industry was faced with an uphill task of crisis management. Story by: Ashish Bhatia Towards the fag end of January, in the aftermath of the Covid-19 outbreak in China, highly import-dependent countries began scouting for alternative manufacturing and assembly units to de-risk[Read More…]
The 15th Edition of Auto Expo 2020 – Components Show will focus on electric mobility, technology infusion and safety as key facets of mobility components. Story by: Deepti Thore The countdown to the 15th Edition of Biennial Auto Expo 2020 – Components Show has begun. Jointly organised by Auto Components Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII)[Read More…]
The Automotive industry is pinning positive hopes from the Union Budget 2020 to be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman. Story by: Ashish Bhatia All eyes are on the Union Budget 2020. To be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman, it has positive[Read More…]
On August 1, 2019, Society of Indian Automobile Manufacturers (SIAM) held its sixth Automotive Logistics Conclave. Themed as ‘Need for optimisation of resources’, its main purpose was to find solutions to optimise resources and fill the gaps to facilitate industry growth. Prem K Verma, Chairman, SIAM Logistics Group in the inaugural session said, ‘’Our vision is to facilitate need-based[Read More…]
