The Society of Indian Automobile Manufacturers (SIAM) today conducted its 55th Annual Convention in Delhi, on the theme ‘Automotive Mission Plan: Make in India.’ The 55th SIAM Annual Convention witnessed the attendance of senior bureaucrats, as well as representatives from the Indian and global automotive industry. Participants at the annual convention also presented their perspectives about the industry‘s role in emerging India, and about the future of mobility in the country.
Vikram Kirloskar, President, SIAM and Vice Chairman, Toyota Kirloskar Motor Pvt Ltd, welcomed the guests and said the last three years have been challenging for the automotive industry. He added that conditions have improved significantly over the past fiscal, and said that the auto industry is a highly taxed sector and is unfairly targeted for being the primary cause of pollution. Kirloskar also said the industry is hopeful that Goods and Service Tax (GST) Bill will be implemented soon. The chief guest of the 55th SIAM Annual Convention was Nitin Gadkari, Union Minister of Road Transport and Highways.
The first technical session of the day saw speakers discussing the future of mobility by 2030. The discussion encompassed various aspects of mobility, including sustainability and hybrid technology, SIAM noted.
RS Katoch, Secretary, Ministry of Heavy industries and Public Enterprises, Government of India, said the ministry has been trying to support the industry and trying to devise policies to help it. While there have been concerns on emission norms of late, the case of the industry have been put forth in the best possible way with the Ministry, he added. Katoch noted that there are a lot of misconceptions which can be addressed with proper studies on the subject matter.