Electrification and Alternate Energy Take Centre Stage At SIAM’s 64th Annual Conference

Electrification and Alternate Energy Take Centre Stage At SIAM’s 64th Annual Conference

The 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) saw the automotive industry stakeholders focus their thoughts on the topic of electrification and alternate energy. The event with the theme on ‘Sustainable Mobility Journey towards Viksit Bharat’ saw discussion on the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047.

In a special message, the Prime Minister of India, Narendra Modi said, “The road ahead demands that our progress is rapid while also being sustainable. Working on greener and cleaner mobility is a vital step in this direction”.

Nitin Gadkari the Union Minister of Road Transport & Highways, Government of India who was the Chief Guest stated, "The automobile industry plays a pivotal role in realising the Prime Minister's vision of transforming India into a 5 trillion-dollar economy and elevating it to the third largest economy globally. Our ambition is to extend it as the number one auto manufacturing industry worldwide. As we target a carbon-neutral status by 2070, innovation and sustainable practices in the auto sector are crucial."

The Union Minister of Heavy Industries and Steel, Government of India, H D Kumaraswamy spoke on the critical importance of industrial growth aligned with sustainability goals. He remarked, “Enhanced by our Prime Minister's sustainability pledges in Glasgow and robust Make in India initiatives, we are aggressively promoting electric mobility. Government policies are geared to fuel this transition, fostering a conducive environment for industry growth and sustainable development."

Vinod Aggarwal, President, SIAM and MD & CEO, Volvo Eicher Commercial Vehicles added, "The automobile industry is keeping pace and setting the standards for sustainable growth. Contributing 6.8 percent to the GDP and witnessing an impressive 12.5 percent growth last year alone, the industry’s turnover has soared to INR 20,000 billion. As we look towards 'Viksit Bharat 2047', SIAM’s commitment to decarbonisation and safety is steadfast. With initiatives like the FAME program fuelling a 90 percent growth in EVs Passenger Vehicles, along with Ethanol and Gaseous fuels we are steering towards cleaner, greener mobility."

Shailesh Chandra, VP, SIAM and MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said, "The government’s strong commitment to sustainable mobility and the constant support from the ministries have facilitated the industry’s transitioning to sustainable mobility. We are fully aligned with the government's vision of ensuring sustainable, safe, and affordable transport solutions, and achieving net carbon-zero in future."

Session 1

The special plenary session on Achieving Global Leadership in Sustainability saw the Guest of Honour, Anurag Jain, Secretary, Ministry of Road Transport & Highways, Government of India highlight the importance of collaboration between the Government and the automotive industry to drive sustainable growth. "As we aim to transform India into a developed country by 2047, substantial effort is required across various sectors. Our roadmap for the development of National Highways and the expansion of the metro network from 21 cities to 60 by 2047 reflect our commitment to enhancing infrastructure. Our vision for Amrit Kaal is anchored by four principal pillars: efficient and equitable logistics, safety in movement, sustainability in transport, and enhanced user convenience”.

Shailesh Chandra said, “Attaining global leadership in sustainable mobility demands our focus on critical future areas such as hydrogen utilisation, adoption of circular economy, and shared mobility solutions. We will explore strategies for aggressive localisation in India's manufacturing sector. Additionally, we will look at methodologies to position India among the top five low-cost manufacturers globally, leveraging our unique capabilities and innovations.”

Klaus Zellmer, Chairman of the Management Board & CEO of Skoda Auto said, "Skoda has been a significant player in Europe for 129 years, and is the best-selling EU brand in India. We aim for CO2-neutral production by 2030, utilising green energy and managing resources sustainably. We are not just part of India’s automotive story—we are committed to driving it forward, responsibly and sustainably."

Hisashi Takeuchi, MD & CEO of Maruti Suzuki India said, "India's automotive future is bright, with innovative clean energy technologies and bio-fuels, reducing dependency on imports and enhancing our exports. Inspired by Prime Minister Modi's vision for decarbonisation, Industry’s mindful consumption and circular economy can propel India to become a world leader in sustainable practices."

K N Radhakrishnan, Director & CEO, TVS Motor Company said, "Industry and Government's net-zero target and sustainability should ensure that policies are customer centric. Role played by auto component manufacturers in India is phenomenal as we continue to deliver world class products in India and across the globe."

Nitesh Gupta, Partner and Leader of Auto Practice in India at McKinsey & Company, gave an insightful presentation and underscored the urgent need for sustainable solutions to reduce emissions generated by the transport sector.

Session 2

The second session focussed on the topic of ‘A Catalyst for Fuelling Growth in Sustainable Mobility’.

S Sandilya, Past President, SIAM and Group Chairman, Royal Enfield stated, “Battery technology is the cornerstone of sustainable energy, crucial for addressing range anxiety in electric vehicles. Additionally, hydrogen energy and fuel cells present significant opportunities for creating environmentally friendly vehicles. Software-driven vehicles are transforming the automotive industry by enhancing safety and user experience. Together, these innovations are not just redefining our industry; they are setting the stage for a radically sustainable and user-focused future in transportation.”

Joykumar Thokchom, CTO, Battery Business Unit at Sakuu Corporation said, “India is currently well-positioned in the expanding market for lithium-ion battery manufacturing. Among the various advanced battery technologies, solid-state chemistries are particularly promising for commercialisation. These technologies offer the high energy density required for future advancements. We expect solid-state batteries to be introduced in vehicles by 2033.”

Jesse Schneider, CEO & CTO, Zev Station said, “I am proud to support ZEV Station's commitment to powering all zero-emission vehicles with completely carbon-neutral fuel. Our alignment with California’s zero-emission vehicle mandate, now adopted by 17 states, underscores our dedication to stringent environmental standards and innovative solutions in green technology.  

Session 3

The final session of SIAM’s 64th Annual Convention focused on ‘Aatmanirbhar in automobile supply chain & leveraging India’s potential in global Markets’ and underlined the necessity to placing more emphasis on indigenous manufacturing and localisation.

Vinod Aggarwal remarked, “Through the 'Make in India' initiative, we are targeting a reduction in imports of components and materials by 16-20% by 2027, significantly boosting local production capabilities. SIAM has showcased also 50 essential components, including electronics and electrical items and encouraging ACMA members to invest and manufacture in India."

Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India said, “We acknowledge SIAM and ACMA's vital roles in the auto value chain. With India targeting net zero by 2070, our auto sector is poised for significant transformation. With strong demand in the US, EU and Africa, we are strategically positioned to expand our export markets.”

Dr. V Anantha Nageswaran, Chief Economic Adviser, Government of India said, “The Indian economy is poised to grow at a rate of 6-6.5%. Industry needs to focus on R&D and look at electric transition from the point of view of India’s resilience in critical materials required for EVs.”

Shradha Suri Marwah, President of the Automotive Component Manufacturers Association (ACMA) and Chairperson & Managing Director, Subros stressed the critical role of supply chain resilience in ensuring India's competitive edge globally. She noted, “By targeting $300 million in exports and achieving a 6 percent increase in localisation, we are strategically positioning ourselves at the forefront of innovation. We are investing heavily in R&D, fully confident in the immense potential of our country to transform itself into a global technology hub. Best wishes to SIAM as they continue to drive excellence in the sector. By advancing the use of green hydrogen, we are setting a benchmark for sustainable transportation that meets today’s needs without compromising our future.”

Andreas Tschiesner, Senior Partner and Leader of Global Advanced Industries Practice, McKinsey & Company, highlighted the role software is playing in reshaping the mobility.

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Honda Cars India Signs Agreement with MSTI to Offer Environment-Friendly Vehicle Scrapping Solution

Honda Cars India Signs Agreement with MSTI to Offer Environment-Friendly Vehicle Scrapping Solution

Honda Cars India Ltd (HCIL) announced on its LinkedIn page on Wednesday that it has recently signed an agreement with Maruti Suzuki Toyotsu India (MSTI). MSTI is a government-approved ELV scrapping and recycling company that is setting up modern ELV scrap and recycling centres in the country. Its agreement with Honda Cars India offers an end-to-end solution for scrapping end-of-life vehicles (ELVs). Honda Cars India claims that this collaboration enables HCIL dealerships to assist their customers in getting the best value from their ELVs, while also facilitating hassle-free deregistration and issue of Certificate of Deposit/Destruction through its dealer partners. Customers can get their older vehicles scrapped in a scientific and environment-friendly manner.

According to HCIL, the service alliance will begin in Delhi NCR, Haryana and Uttar Pradesh. The coverage area will expand with addition of new scrappage centres by MSTI in the future.

Speaking on the new customer initiative, Takuya Tsumura, President and CEO, Honda Cars India Ltd, said, “The vehicle scrappage policy by the Government of India stipulates the scrappage and deregistration of old vehicles to promote phasing out of unfit vehicles from the roads, improve safety and lower the carbon footprint in India. We are pleased to offer a one-stop solution to our customers through our dealers, to scrap their old cars in a systematic and environmental-friendly manner. With this association, Honda Cars India intends to go beyond while serving and delighting our customers.”

Further, Masaru Akaishi, Managing Director, MSTI, said, “Today, we are pleased to announce our collaboration with Honda Cars India Limited. MSTI will continue to contribute to the improvement of India’s environment by providing environment-friendly ELV dismantling services.”

HCIL states that as part of the tie-up, the HCIL dealership with MSTI will offer customers the following –

1. Vehicle evaluation

2. Arrange quote for scrappage value of the vehicle

3. Provide end-to-end services, including vehicle pick-up, transportation and dismantling at MSTI scrap and recycling centre

4. Issue of Certificate of Deposit/Destruction from MSTI

The Certificate of Deposit/ Destruction will enable customers claim eligible benefits under the vehicle scrappage policy notified by the Government of India and adopted by various state governments. As per HCIL, the customer will also have additional peace of mind and assurance that their old vehicle cannot be misused and therefore, there will be no legal liability or hassle afterwards.

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TVS Motor Co partners CSC Grameen eStore to sell three-wheeler range

TVS Motor Co partners CSC Grameen eStore to sell three-wheeler range

TVS Motor Company (TVSM), a leading manufacturer of two- and three-wheelers has signed an agreement with CSC Grameen eStore for its commercial vehicle range (three-wheelers). 

The partnership will enable CSC Village Level Entrepreneurs (VLEs) to serve as a touchpoint for TVS Motor’s commercial vehicles. They (VLEs) will facilitate the process of enquiry, purchase, test drives and/or delivery of vehicles, through the TVS three-wheeler dealer network. 

At present, the TVS commercial vehicle range comprises of TVS King Deluxe, TVS King Duramax, TVS King Duramax Plus and TVS King Kargo, which will get listed on the CSC e-store.

The CSC Grameen eStore was started by CSC eGov, the apex enterprise set up with the support of the government of India to digitally empower citizens of India.

Rajat Gupta, Business Head of Commercial Mobility, TVS Motor Company said, "We are excited to be on the CSC Grameen eStore. This partnership will help us expand our reach to areas so far untapped. VLEs being integrated in their respective ecosystems, will ensure that as our first touchpoints, they are able to explain the product proposition in a language and environment that customers are familiar with. It will not just facilitate sales but also bring about a deeper customer connect.”

Avani Kapoor, Senior Vice-President, Business Head, CSC Grameen eStore said, “We welcome the TVS Motor Company on the CSC network. With a mission of ‘Atmanirbhar Bharat’, our aim is to bring world class products to rural areas. Commercial mobility is a key requirement for the country and its social and economic well-being. With TVS on the platform, VLEs get a wonderful portfolio of three-wheelers to sell and customers get a great proposition to buy. We couldn’t have been more pleased.”

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Pavna Industries buys land in Pantnagar for its upcoming die cast components facility

Pavna Industries buys land in Pantnagar for its upcoming die cast components facility

Pavna Industries, one of India’s leading automotive parts manufacturers has acquired a land parcel of 4,335 square meters at the Integrated Industrial State, Pantnagar, Uttarakhand for its upcoming greenfield plant that will primarily cater to the demand of die cast components.
The company plans to utilise the logistical and cost benefits of the region to strengthen its presence in the domestic automotive sector and streamline its operations in serving Bajaj Auto, a key client. 

The acquisition involves leveraging supply chain synergies and minimising overhead expenses. Pantnagar has gradually become a notable hub for the automotive industry, with prominent companies such as Bajaj Auto and Ashok Leyland establishing a presence in the area. As part of its ongoing and future expansion plans Pavna Industries is setting up the new plant, with an aim to attract business from various original equipment manufacturers (OEMs) in and around Pantnagar. This strategic move is particularly significant as the auto sector is one of the priority sectors in Uttarakhand. Expanding operational capacity not only positions the company to better serve and attract a broader range of OEMSs in the region but also enhances its market presence. 

Earlier this year the company bagged an order from Ola Electric for supply of ignition switches and latches and launched its products in Bangladesh. 

Swapnil Jain, Managing Director, Pavna Industries said, “This acquisition signifies our move to our own premises in Uttarakhand, transitioning from our current rented facility. The plant which will be nestled within Pantnagar thriving industrial ecosystem, will enable us to provide superior service, particularly to Bajaj Auto and aligns with our long-term goal of offering better prices to our customers. Pantnagar's supportive government policies and growing industrial cluster attract major players, creating a collaborative business environment.”

“We are optimistic about the automotive industry future and committed to supporting the 'Aatmnirbhar Bharat'; initiative by manufacturing high- quality indigenous components in our technologically advanced plants.”

At present, Pavna Industries has 9 facilities at three locations- Aligarh, Aurangabad and Pantnagar along with strategically located distribution network in 17 states.

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Kia India Appoints Joonsu Cho As Chief Sales Officer

Kia India Appoints Joonsu Cho As Chief Sales Officer

Joonsu Cho has been elevated to the position of Chief Sales Officer by Kia India from the position of Regional Manager (Eastern Region) which he assumed in 2023. The assignment of Regional Manager (Eastern Region) as his first assignment in India after serving in various leadership positions in other countries across the globe.  

Bringing with him 32 years of experience in the automotive industry, Cho will be responsible for driving the company's sales initiatives, enhancing operational efficiencies and steering its long-term growth plans in his new role. 

Having served in leadership positions globally, including Kia Australia (he was the CEO there), Kia UK and Kia Europe, Cho has played a pivotal role in the growth thrust of the automaker in India particularly. 

In his new role. He will be instrumental in Kia forwarding its commitment to deliver innovative products and to foster sustainable growth through product portfolio expansion, sales strategy and further strengthening of dealer network. 

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