SIAM'S 63RD: OEM GOALS RESET
Commercial Vehicle|November 2023
AT THE 63RD SIAM ANNUAL SUMMIT, THE STAKEHOLDERS OF THE CV INDUSTRY RESET THEIR GOALS. ASHISH BHATIA DRAWS INSIGHTS ON PRIORITY FOCUS AREAS.
ASHISH BHATIA
SIAM'S 63RD: OEM GOALS RESET

The SIAM Annual Summit, in its 63rd edition, continues to be a pivotal event for stakeholders in the commercial vehicle industry, drawing over 1,500 delegates, including Original Equipment Manufacturers (OEMs), components suppliers, and Government officials. This year’s summit, held shortly after India’s remarkable achievements in space exploration and the conclusion of the G20 Summit hosted by India, set a vibrant backdrop for discussions on the automotive sector. The government representatives commended the industry’s efforts and outlined ambitious targets to uphold India’s status as a rapidly growing economy and a potential global manufacturing hub. The air was charged with optimism as actionable insights and future growth prospects were discussed, supported by joint research reports. Notably, a background paper by SIAM and McKinsey & Co. laid the foundation, with ACMA and McKinsey & Co. releasing a report titled ‘Mobility 360° – Sustainability for Competitiveness,’ providing a comprehensive framework for the discussions that ensued.

SUSTAINABLE MOBILITY: THE WAY AHEAD FOR THE INDIAN AUTOMOTIVE INDUSTRY

Denne historien er fra November 2023-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 2023-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA COMMERCIAL VEHICLESe alt
Bharat Mobility 2025 The Motor Show Preview
Commercial Vehicle

Bharat Mobility 2025 The Motor Show Preview

The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions

time-read
2 mins  |
December 2024
Driving India Towards A Safer And More Sustainable Future
Commercial Vehicle

Driving India Towards A Safer And More Sustainable Future

The Scrappage Policy is a golden opportunity to reshape the future of India's commercial vehicle industry, writes Satyakam Arya Managing Director & CEO, of Daimler India Commercial Vehicles.

time-read
5 mins  |
December 2024
Decoding Powertrain Plurism In CVs
Commercial Vehicle

Decoding Powertrain Plurism In CVs

India's automotive industry is in a period of significant transformation, balancing traditional market dynamics with evolving regulatory landscape and consumer preferences

time-read
5 mins  |
December 2024
Eagle Bus Soars Higher With Eicher
Commercial Vehicle

Eagle Bus Soars Higher With Eicher

How a bold vision and a reliable partnership with Eicher propelled Vijay Kumar's Eagle Bus Services to new heights

time-read
5 mins  |
December 2024
Legacy Brand Renewed Purpose
Commercial Vehicle

Legacy Brand Renewed Purpose

As Godrej Enterprises Group celebrates its 127Th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward

time-read
3 mins  |
December 2024
Navigating Global CV Trade
Commercial Vehicle

Navigating Global CV Trade

Rising protectionism and shifting geopolitical dynamics are posing serious challenges to commercial vehicle export prospects, asserts

time-read
4 mins  |
December 2024
ZF Group sells a 4.3 per cent stake in CVS
Commercial Vehicle

ZF Group sells a 4.3 per cent stake in CVS

ZF Group has sold a 4.32 per cent stake in its Indian subsidiary, ZF Commercial Vehicles Control System (CVS) India, for Rs.1,022 crore as per its release.

time-read
1 min  |
December 2024
Ashok Leyland expands aftersales network
Commercial Vehicle

Ashok Leyland expands aftersales network

Ashok Leyland has inaugurated a dealership for Light Commercial Vehicles (LCVS) in Siliguri, West Bengal.

time-read
1 min  |
December 2024
Anurag Dubey moves from IPL Tech to Sany India
Commercial Vehicle

Anurag Dubey moves from IPL Tech to Sany India

The Indian subsidiary of Sany, one of the world's largest heavy equipment manufacturers, is learned to have drawn up a new strategy to tap the Indian heavy commercial vehicle market.

time-read
1 min  |
December 2024
IIT-Madras launches Al-driven rating app for truck drivers
Commercial Vehicle

IIT-Madras launches Al-driven rating app for truck drivers

The Centre of Excellence for Zero Emission Trucking (COEZET) at IIT Madras recently launched two major projects during the event 'Get ZET - Shifting Gears to Zero Emission Trucking, held at the IIT Madras Research Park.

time-read
1 min  |
December 2024