Special focus on auto industry role in improving standards in India: SIAM 53rd Annual Convention
SIAM’s 53rd Annual Convention was held on the 4th September 2013. Speakers at the convention included Mr. Kamal Nath, Minister of Urban Development; Mr. Praful Patel, Minister of Heavy Industries and Public Enterprise; and Mr. S Sandilya, President of SIAM.
The auto industry and its development plays a major part in various avenues which also include power and steel while its decline can have serious repercussions on the economy of India. The auto industry in India is currently going through a trying time and there is an urgent need for well formulated government policies to influence further development and turn the present economic situation around.
There is also a change at the helm at SIAM with Mr. Vikram Kirloskar being elected as its President while Mr. Vinod Dasari, Managing Director of Ashok Leyland is the new Vice President. Mr. Lowell Paddock, President and Managing Director of General Motors India is elected as the new Treasurer.