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…]
The industry produced a total 21,820,072 vehicles including passenger vehicles, commercial vehicles, three-wheelers and two-wheelers in April-February 2016 as against 21,460,837 in April-February 2015, registering a marginal growth of 1.67% over the same period last year. In April-February 2016, overall automobile exports grew by 1.56%. Passenger Vehicles, Commercial Vehicles, three-wheelers and two-wheelers registered a growth of 3.14%, 17.66%, 3.01% and[Read More…]
The positive sentiments generated during ACMA’s annual conference held a day before, reverberated strongly at the 54th SIAM yearly convention as well, with ministers and the government officials making ambitious promises and industry watchers forecasting a bright future. Nitin Gadkari, Union Minister for Road Transport & Highways, used this platform to announce major plans for the roads and highways sector,[Read More…]
The auto industry is upbeat about the road ahead, thanks to the emerging positive sentiments, pull from festive seasons and, last but not least, increasing proactive support from the government. There is a clear sense of involvement and commitment from the government and this is evident in more ways than one. At the Annual Convention of Automotive Components Manufacturers Association[Read More…]
