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Home arrow News arrow Automotive arrow Eicher's S Sandilya takes over as President, SIAM; Vikram Kirloskar as VP
Eicher's S Sandilya takes over as President, SIAM; Vikram Kirloskar as VP Print E-mail
Written by Anand   
Thursday, 08 September 2011
New Delhi: Eicher Group Chairman S Sandilya has been elected as President of the Society of Indian Automobile Manufacturers (SIAM). Toyota Kirloskar Motor Vice Chairman Vikram Kirloskar has been elected as new Vice President. Michael Boneham, Ford India President and Managing Director, has been appointed as the new Treasurer.

"Our goal is to be a catalyst for the Indian automobile industry to be a preferred global manufacturing and design base, which will contribute to India's economic development," said Sandilya.

SIAM has said the size of the domestic passenger vehicles market is likely to touch 5.6 million units by 2017, despite the market witnessing a slowdown in recent months.

"The growth figure that we are now working out for the 12th Five-Year plan indicates that we may see domestic passenger vehicle sales of 5.6 million units and the export of 1.3 million units by the end of 2017," SIAM President Pawan Goenka said at its annual summit in New Delhi. Vehicle manufacturers as well as component players need to plan their investment and capacity expansion strategy to meet this demand, he added.

He also talked about the new technologies and improving the fuel efficiency and capacity of manufacturing at a larger scale. He also thanked government for their initiatives and also promised to contribute 10% GDP in Indian economy by 2016.

SIAM said it may further lower its growth projection for vehicle sales in the country from the earlier estimate of 11-13 per cent announced two months back. In July, SIAM had lowered its vehicle sales growth forecast for FY2012 to 11-13 per cent from the earlier estimate of 12-15 per cent made in April, mainly due to higher interest rates and rising fuel prices.

Goenka said that the Indian auto industry can play a very critical role in achieving the manufacturing sector’s target of contributing 25 per cent of the GDP by 2025. "The auto industry is awaiting the implementation of GST, which will eliminate many of the embedded taxes that make the industry globally non-competitive and create distortions," he added. He also urged the government to extend the Duty Entitlement Passbook Scheme.

Chief Guest of the 51st annual convention, Union Minister of Heavy Industries & Public Enterprises, Praful Patel spoke about improving the infrastructure keeping in mind the future needs of the country. ‘By 2020, where do we have the parking space for 10 million vehicles? Government needs to improve the infrastructure in the country.’ said Mr. Praful Patel.

He also requested the industry leaders to tap the rural market of the country as he believes it has great opportunities, focusing on improving the fuel efficiency. Mr. Praful Patel also focused on developing new technology with Diesel technology to improve on cost. He also asked the market players to have an open dialogue with the govt. to sort the issues.

Also, present on the occasion, Deputy Chairman, Planning Commission, Dr. Montek Singh Ahluwalia addressed the serious issues related to infrastructure in the country. He asked the industry players to also focus on public vehicles to improve the public transport scenario in the country. Dr Ahluwalia reminded the industry of the robustness of the Indian economy and suggested not to have undue focus on the short-term slowdown in growth.

Mike Wright, Executive Director, Jaguar Land Rover, UK said India has a huge potential market for the Automobile industry. Mr.Wright also spoke about global factors which are impacting the Indian market like consumer manufacturers and the socio political environment.

Mr Wright also highlighted some key global automotive industry trends to shape strategy for the future like high and volatile fuel pricing; continuing carbon di-oxide legislation and taxation that will drive fuel efficiency and energy security. Sales growth will take place mainly in developing markets, especially China and India and traditional SUVs will move towards crossover, multipurpose and smaller SUVs.

India has emerged as the world’s second largest manufacturer of two wheelers and fifth largest manufacturer of commercial vehicles. It is the seventh largest passenger car manufacturer in the world.

Kumar Galhotra, Executive Director, Ford Motor Company (Asia Pacific & Africa) discussed about the growing volume of production expected in India and said that the industry will be working on competitive pricing with improved quality.

Tata Motors Managing Director Prakash M Telang talked about need to look at lowering of price to cater the larger market segment. General Motors India President and Managing Director, Karl Slym spoke about the challenges which automobile industry can face in near future and major steps to avoid the crises situation in the industry.

Dr. Willi Diez, Director, Institute of Automotive Research, Germany said there is a need to improve technical efficiency in terms of electrification of engine and other part of the vehicles. He also spoke about the two main challenges to ensure sustainable growth in the future: first being reduction of carbon dioxide emissions and second, reduction of oil dependency.

Prof Deniel Sperling, Professor of Civil Engineering & Science & Policy and Foundation Director, University of California focused on improving vehicle efficiency. He emphasized on the production of cleaner, more efficient & safer vehicle by accelerating emissions controls for successful future in the Automotive Industry.

Dr Kirti Parikh, Chairman, Expert group of low carbon strategy for inclusive growth, planning commission of India & chairman IRADe, India emphasized on the fact that while formulating policies we have to keep in mind their long term impact & emphasis should be given on allocating the resources efficiently and making their maximum use.’

SIAM works on enhancing the competitiveness of Indian automotive industry through infrastructure development, trade policy recommendations and measures, and by encouraging more exports in component, CKD, SKD and CBU forms. It will actively interact with all stakeholders to promote development of a sustainable mobility eco-system with holistic development, which provides mobility, whilst minimising congestion, emissions and mobility related accidents. SIAM will promote industry collaboration in India and overseas, championing industry-academia partnerships for futuristic technology solutions, providing a platform for incubating innovative ideas and advocating appropriate fiscal measures to encourage innovation.

Last Updated ( Wednesday, 14 September 2011 )
 
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