Caption: (L to R) Arvind Saxena, President and MD, General Motors India, Nitin
Gadkari, Pawan Munjal, Chairman, CEO and MD, Hero MotoCorp Ltd and K K Gandhi,
Executive Director, Technical, SIAM.
Union Minister of Road
Transport and Highways Nitin Gadkari has stated that the Government has been
mulling the option of creating a new department of transport which will be
headed by a new Secretary. The new
department will have experts which will be abreast with the technical knowledge
so that technical regulations can be designed better. This body will come into
existence once the PMO approves the proposal.
Gadkari was addressing the
55th SIAM Annual Convention in New Delhi. Those present included top CEOs of
the automotive industry including those representing OEMs as well as auto
component companies. The minister also stressed on the importance of
infrastructure and road safety. He stated that the government has already
ordered for nine PPP projects, which highlights the steady flow of investments
in road infrastructure. Infrastructure was the first step to improve and
increase road network. However he said we would also be promoting the water
ways and the railway network as the primary mode of transport within the
Amitabh Kant, Secretary,
Department of Industrial Policy and Promotion, Ministry of Commerce and
Industry, Government of India also addressed the auto industry officials and
said that if India has to grow at the rate of 7 – 8pc, then the automotive and
auto component industry have to be the key driver of this growth, not only in
case of manufacturing but also innovation and frugal engineering. He also
stressed upon the importance of connected cars and shared mobility, like
services of Ola, Uber which are driven by technology.
Themed “Automotive Mission
Plan: Make in India”, the 55th SIAM Annual Convention witnessed attendance by
several senior bureaucrats, auto industry stalwarts, including CEOs and senior
representatives from the Indian and global manufacturers, who presented their
perspectives about the auto industry‘s role in emerging India and future of
mobility in the country.
Earlier Vikram Kirloskar,
President, SIAM and Vice Chairman, Toyota Kirloskar Motor Pvt Ltd, said “The
last three years have been challenging for Indian automotive industry. However
the conditions have improved significantly over the past fiscal.” He also added
that the auto industry is a highly taxed sector and is unfairly targeted for
being the primary cause of pollution, which the government needs to look into.
The industry is also hopeful that GST will soon be implemented.
Others who addressed the
august gathering included Ramesh Suri, President, ACMA and Chairman, Subros Ltd
and Sumit Mazumder, President, CII and Chairman & MD, TIL. Takeshi
Uchiyamada, Chairman of the Board of Directors, Toyota Motor Corporation,
talked about hybrid technology and how Toyota Prius was driving the category.
Caption: (L to R) Vinod K Dasari, Vice President, SIAM and MD, Ashok Leyland
Ltd., Sumit Mazumdar, President CII and Chairman and MD, TIL Ltd., Takeshi Uchiyamada, Chairman of the Board of
Directors, Toyota Motor Corporation, R S Katoch, Secretary, Ministry of Heavy
Industries and Public enterprises, Government of India, Vikram Kirloskar, President,
SIAM and Vice Chairman, Toyota Kirloskar Motor Pvt. Ltd., Ramesh Suri,
President ACMA and Chairman, SUBROS Ltd. and Vishnu Mathur, Director General,
The event was graced by Chief
Guest R.S Katoch, Secretary, Ministry of Heavy industries and Public
Enterprises. In his address he said, “We have been trying to support the
industry and trying to devise policies which would help the industry. While
there have been high level concerns on emission norms of late, we have tried to
put forth the case of the industry in the best possible way with the Ministry.
There are a lot of misconceptions which we believe can be addressed with proper
studies on the subject matter.”
The special plenary session
was opened by Pawan Munjal, Chairman, CEO and MD, Hero MotoCorp Ltd. Arvind
Saxena, President and MD, General Motors India delivered the closing remarks
for the session.
In the first technical session
of the day, the speakers discussed the future of mobility by 2030. The
discussion encompassed various aspects of mobility, including sustainability, hybrid
for the Automotive Mission Plan 2016-2026
The convention also witnessed
the curtain raiser for the Automotive Mission Plan 2016-2026. This is the
second edition of the Automotive Mission plan after the 2006-2016 plan. The
Automotive Mission Plan 2016-26 (AMP 2026) is the collective vision of
Government of India (Government) and the Indian Automotive Industry. It is
aimed at mapping the progress of the automobile industry in India and setting
targets and goals for this sector over the next ten years. It addresses areas
of relevance including growth in terms of size, contribution to India’s
development, global environmental footprint, technological maturity, safety,
competitiveness, and institutional structure and capabilities.
The document was unveiled in
the final session of the SIAM 55TH Annual Convention. The session was chaired
by Dr. Pawan Goenka, Past President, SIAM and Executive Director & Group
President – Auto & Farm Sector, Mahindra & Mahindra Ltd.
R Raghuttama Rao, Managing
Director, ICRA Management Consulting Services (IMaCS) while talking about the
key achievements of the AMP 2006-2016, said that the investments under AMP 2016
exceeded Rs 1,60,000 crore. The industry is poised to generate more than 35
million jobs by the end of 2016. The industry is on-course, as per the AMP 2016
to hit the base-case target of Rs. 5,49,000 crores of industry revenue by the
end of FY16. One of the key learnings he said was “the need of greater
Stating the vision of AMP
2026, he said, “By 2026 the Indian automotive industry will be among the top
three of the world in engineering, manufacture, and export of vehicles and
components and will encompass safe, efficient and environment friendly
conditions for affordable mobility of people and transportation of goods in
India comparable with global standards, growing in the value to over 12pc of
India’s GDP, and generating an additional 65 million jobs.”
R S Katoch said that the
implementation of GST was a must for the industry. He said that the scope of
growth for the industry would increase manifolds if the tax structure was
Implemented in 2006, the first
Automotive Mission Plan (AMP 2006-2016) has till date, witnessed several
progressions of evolution of the Indian automobile industry with many of its
objectives being met while others being fulfilled by the end of the stipulated
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