SIAM partners with S. Asian auto forum to expand trade
The Business Guardian|February 25, 2024
India's automobile trade is set for major expansion in South Asia with the Society of Indian Automobile Manufacturers (SIAM) along with the Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA), the Ceylon Motor Traders' Association, Sri Lanka (CMTA) and the NADA Automobiles Association of Nepal (NADA), forming a South Asian Automobile Forum.
NIVEDITA MUKHERJEE
SIAM partners with S. Asian auto forum to expand trade

This forum, coming on the sidelines of the Bharat Global Mobility Expo earlier this month, will promote further collaboration and strengthen cooperation among the automobile sector in India and the South Asian countries of Bangladesh, Nepal and Sri Lanka as well as the region. The automobile sector plays a significant role in the economic development of South Asian countries and SIAM President Vinod Aggarwal who is also Managing Director & CEO of VE Commercial Vehicles (VECV), sees great potential for synergies and mutual growth with closer collaboration in this sector.

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