Addressing industry stalwarts and esteemed Government dignitaries, C.S. Vigneshwar, President of FADA, highlighted the pivotal role of India’s 30,000+ dealerships in generating employment for over 5 million people and contributing significantly to the nation’s economy. Vigneshwar stated, “The 7th Auto Retail Conclave is a tribute to the resilience and contribution of dealers, who form the backbone of the automotive ecosystem. This year’s theme, ‘Self-Sustaining Success for Naya Bharat,’ reflects our collective commitment to building a resilient, progressive, and future-ready industry. Auto retail in India is not confined to vehicle sales, but it also sustains the livelihoods of over 50 lakh people, anchors investments of Rs 20 lakh crore, and contributes Rs 3 lakh crore annually in taxes. Being three times larger than all organized retail combined, the sector’s growth and stability are closely tied to the nation’s progress. At FADA, our vision is to empower dealerships by moving from dependence to independence, turning challenges into opportunities, and ensuring long-term sustainability. This requires OEMs and dealers to work as true partners. Issues such as excessive inventory, thin margins, high training costs, and business viability must be addressed constructively to foster trust and resilience.
He further added, “While GST 2.0 is a landmark reform, the withdrawal of Compensation Cess risks straining dealer working capital and weakening festive momentum. A fair transitional framework, along with policy measures such as a Dealer Protection Act, ease of doing business, and EV ecosystem support, is vital. Auto retail is more than commercial is a national mission contributing to Naya Bharat.”