The Society of Indian Automobile Manufacturers (SIAM) organised its Annual Convention 2013 to commemorate the social and economic value created by the Indian automobile industry. The theme of this year’s Annual Convention was “Contribution of Auto Industry in Economic Development”.
Union Minister of Heavy Industries & Public Enterprises, Praful Patel was the Chief Guest. S. Sandilya, President, SIAM and Chairman, Eicher Motors Ltd - Unit Royal Enfield, welcomed the guests and delegates present at the convention. In his Welcome Remarks, he spoke about the importance of the Indian Automotive Industry and steps required to arrest the decline in the sector.
“The deceleration of the industry is primarily due to both external factors as well as domestic structural issues. The Automobile industry is one of the highest contributors of revenue and employment in the country, and needs a more moderated tax and excise duty structure in order to ensure further growth of the industry. I am confident in the long term growth of the industry, and feel that if the government and shareholders work together, India will have a unique opportunity to emerge as a leading global player.”
Delivering the Opening Address, Praful Patel, Minister of Heavy Industries & Public Enterprises spoke about the need for the government and industry to work together to ensure economic development. “This is a challenging time for the automobile industry, as well as the Indian economy as a whole.
Celebrating its 120th Anniversary, Royal Enfield announced the launch of a new range of limited edition helmets earlier this week. The limited range will consist of hand painted helmets designed by ar...
Sony India has introduced the new XAV-AX8100 in-car media receiver, offering new utility features, powerful sound and smart features.
ExxonMobil Lubricants Pvt Ltd launched its upgraded Mobil Super Moto range of engine oils to make it easier for people to maintain their two-wheelers in top condition. The launch comes at a time when...
In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility
talks about his company plans to enter the two and four wheeler electric vehicle space.
Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.
Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by...