On his recent visit to India, Stefan Jacoby, GM Executive Vice President & President, GM International addressed leaders from the global automotive platform, Indian ministers and industry captains at SIAMâ€™s 54th Annual Convention 2014 held in New Delhi.
Delhi: Anant Gangaram Geete, Minister of Heavy Industries and Public Enterprises, Government Of India views the next 5 years as the golden age of the Indian automobile industry and assured the industry of complete support at today’s 54th SIAM Annual Convention.
Delhi: At the 54th Annual Convention of Society of Indian Automobile Manufacturers (SIAM), Dr.Pawan Goenka, Past President, SIAM and Executive Director & President- Automotive and Farm Equipment Sectors, Mahindra & Mahindra unveiled Annual Mission Plan Report, 2006-2016.
H1 2014 has been slow for the auto industry, but Skoda India has reported sales decline below the market average. Despite continues sales decline from January-June, Skoda wouldn’t be too disheartened as it focuses on reinventing itself as a premium vehicle brand here, focusing on sustainable profit over sales volume growth.
Ministry of Road Transport & Highways (MoRTH) has extended its pilot project of cashless treatment worth Rs 30,000 to accident victims on National Highway stretch of Mumbai Baroda, and Ranchi Jamshedpur. The pilot project is operational on the 226 Km Gurgaon-Jaipur National Highway No 8 stretch.
Mr. Joe King, Head, Audi India expects that announcements made by the Finance Minister lead to improving economic sentiment, which as a result would benefit Indian automobile industry in the long run.
Arvind Saxena, President and Managing Director, General Motors India viewed the budget as a reform oriented one focused on infrastructural development, education, skill development, agriculture, irrigation, health care, and more.
Vinay Piparsania, Executive Director, Marketing, Sales and Service, Ford India views the Union Budget as growth oriented, presenting a progressive roadmap to spur investments and infrastructure development.