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,
SIAM.
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
technology etc
Curtain raiser
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
institutional coordination.”
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
improved.
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
period.
Source: SIAM