The conference included three sessions: “Strengthening the Supply Chain Ecosystem for Electrified Vehicles,” “Preparedness for Futuristic Technologies,” and “Balancing Regulatory Compliance vis-a-vis Supply Chain Resilience”. These sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.

On this occasion, Dr. Hanif Qureshi, Additional Secretary, Ministry of Heavy Industries, Government of India, said, “The automotive industry is a key driver of India’s economy and Aatmanirbhar Bharat is our collective mission. With the Ministry of Heavy Industries advancing local production, R&D, and critical component investment, the supply chain is rapidly evolving. Schemes like PM eDRIVE are boosting local production and R&D, reducing import dependency, and strengthening the supply chain. In FAME1 & FAME2, we had 18 components in our list, but now after discussion, we will shortly circulate a new list with 8 to 9 parts, as others are now being manufactured in India. As of March 2024, INR 18,000 crore has been invested in the localisation schemes.”

Reaffirming the Government’s commitment to fostering industry growth and innovation, Mr. Vimal Anand, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, said, “The automobile industry is a cornerstone of India’s economy, contributing significantly to the nation’s GDP. The government recognises the importance of strengthening domestic manufacturing and fostering robust supply chains, especially those involving MSMEs and local vendors in Tier 2 & 3. The Ministry of Commerce is committed to working closely with the auto industry to address specific concerns at any level of the supply chain or to adapt to new regulatory requirements. An increase in localisation content can only be driven if we have home-grown companies developing cutting-edge technologies.”

Mr. Vinod Aggarwal, Immediate Past President, SIAM and Managing Director & CEO, Volvo Eicher Commercial Vehicles Ltd., said, “In collaboration with ACMA, SIAM has actively championed Aatmanirbhar Bharat by advancing deep localisation and systematically reducing import reliance. SIAM members are committed to reducing imports to the tune of 25,000 crore in a period of 5 years. The industry has submitted a list of about 50 critical components to be sourced locally. The government’s PLI schemes have been pivotal in strengthening India’s capacity and capabilities and we are grateful for their steadfast support which is essential to remain competitive globally and resilient in the face of global uncertainties.”

Highlighting the achievements of the auto component industry, Ms. Shradha Suri Marwah, President, ACMA and Chairperson & Managing Director, Subros Ltd., said, “Despite past challenges, the component industry performed incredibly well in FY2024. Our sector achieved a turnover of 74 billion of which domestic sales to OEMs have been 63 billion. The progress in the component industry reflects the collective effort of OEMs, suppliers, and all the stakeholders. ACMA’s 1,400 globally aligned plants and collaborative efforts with SIAM and the government are driving supply chain excellence. Going ahead, we have committed to partnering for another round of study to take stock of the extent of localisation, especially in the context of rising electronic content, and discuss it across the value chain.”

Speaking about the automotive industry’s remarkable progress, Mr. Sunil Kakkar, Chairman SIAM Aatmanirbhar Bharat Sourcing Group and Senior Executive Director – Corporate Planning, Maruti Suzuki India Ltd., said, “Despite challenges like the pandemic and global uncertainties, India’s automotive industry has flourished, contributing 35% to manufacturing GDP and producing 2.8 crore vehicles annually. Under the Make in India initiative, the auto industry achieved a net import reduction of 7000 crore surpassing the initial target. With a focus on localisation and government support, OEMs and component manufacturers can collectively build a resilient supply chain that propels us toward a Viksit Bharat by 2047.”

Mr. Sachin Kulkarni, Co-Chairman SIAM Aatmanirbhar Bharat Sourcing Group and Executive Director – Corporate Procurement & Member of the Board, Skoda Auto Volkswagen India Pvt Ltd., said, “The joint efforts of SIAM, ACMA, the government of India and stakeholders have helped Indian auto industry commit to localisation and build a resilient supply chain. The industry is also deeply focused on environmental responsibility with SIAM and ACMA working tirelessly to meet the government’s quality standards and reduce oil imports by developing various powertrains based on alternative fuels.”

The conference included esteemed industry leaders and experts, including Mr. Niranjan C, Chief Operations Officer, Amararaja Advanced Cell Technologies; Mr. Hirendra B Divgi, Executive Director, Divgi Torq Transfer Systems Ltd; Mr. Vishwas Deshpande, Director – Purchase, JSW MG Motors; Mr. Badrish Sinha, Co-Chairman, SIAM Aatmanirbhar Bharat Sourcing Group and Vice President-Purchasing, Volvo Eicher Commercial Vehicles Ltd.; and Mr. Krishan Kohli, President & CEO – Light Weighting Business & Nano Technologies, Kalyani Strategic Management Services Ltd, among others.

 The esteemed speakers provided invaluable perspectives on enhancing supply chain sustainability, embracing innovation, and streamlining processes to drive efficiency and global competitiveness. The SIAM Automotive Sourcing Conclave 2024 reinforced the commitment of stakeholders to collaborate and develop a resilient, innovative, and sustainable supply chain ecosystem, pivotal to the growth of India’s automotive industry.

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Mumbai, 07 December 2023: With the aim of fostering secure mobility nationwide at the grassroots level, the Society of Indian Automobile Manufacturers (SIAM) hosted the 9th Inter-School Competition on ‘Road Safety’ from December 07th to December 08th, 2023. In collaboration with Gyan Mandir Public School, Naraina Vihar, New Delhi, this event was part of SIAM’s Road Safety Initiative, known as सुरक्षित सफर (SAFE JOURNEY). The two-day competition engaged students in various activities designed to raise awareness about issues related to ‘Safe Mobility.’

The annual inter-school competition on Safe Mobility serves as an attempt to sensitize children to various issues related to road safety and to raise awareness about their responsibility towards themselves, their families, society, and the country at large. The event offers children the chance to explore and showcase their imagination and creativity, further enhancing their critical thinking skills to ensure safer mobility on roads.

The program comprised various competitions centered around the theme of SDG goal 3.6 – to reduce road injuries and deaths. Students from all age groups were involved in several activities, including ‘E-Poster making,’ ‘Jingle,’ ‘Logo Designing,’ ‘Presentation on road safety,’ ‘Brochure Designing,’ ‘Movie Making,’ ‘Photography,’ etc.

Approximately 1000 students from 38 schools participated in the inter-school competition. The activities were judged by experts in their respective fields, which ensured unbiased and transparent results.

Talking on the initiative, Mr. Prashant K Banerjee, Executive Director, SIAM, said, “Empowering young minds with the essence of road safety from an early age is paramount. Road safety is a collective responsibility that necessitates active engagement from all stakeholders to ensure the well-being of society and individuals. Our initiative blends education with interactive games, facilitating a more effective absorption of crucial road safety principles by children. Our enduring partnership with Delhi Traffic Police and Gyan Mandir Public School has been instrumental in advancing the cause of road safety. The overwhelming enthusiasm displayed by children from diverse schools during the program encourages us to continue organizing such competitions in the future, fostering a culture of safety and responsibility on our roads.”

The inter-school competition reflects SIAM’s commitment to advancing safer mobility and fostering a sense of responsibility among children to enhance the safety of Indian roads for all. Over time, SIAM has actively partnered with governments, corporations, and diverse stakeholders to promote the importance of Safe Mobility across the country.

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In the presence of the esteemed Chief Guest, Dr. Mahendra Nath Pandey, Hon’ble Union Minister of Heavy Industries, Government of India, the “Green Plate EV Rally” was ceremoniously flagged off.  The rally showcased an impressive fleet of over 100 electric vehicles, including 2-wheelers, 3-wheelers, cars, and buses. Its central aim was to raise awareness and enhance customer confidence in electric vehicles and to exhibit the capabilities of the Indian automotive industry, which has developed and launched multiple electric vehicles to meet the needs of Indian consumers over the past couple of years.

Mr. Kamran Rizvi, Secretary, Ministry of Heavy Industries, Government of India; Dr. Hanif Qureshi, Joint Secretary, Ministry of Heavy Industries, Government of India; Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd; Mr. Sushant Naik, Chairman, SIAM Electric Mobility Group and Global Head – Government and Public Affairs, Tata Motors Limited; Ms. Suman Mishra, Co-Chairman, SIAM Electric Mobility Group and MD & CEO, Mahindra Last Mile Mobility; Mr. Vipin Surana, Co – Chairman, SIAM Electric Mobility Group and Vice President, Volvo Eicher Commercial Vehicles Limited, and Mr. Rajesh Menon, Director General, Society of Indian Automobile Manufacturers (SIAM) were present during the ceremony.

SIAM also felicitated Ms. Priyanka Pilaniya, Vice-Captain of the Indian Women’s Kabaddi Team for winning gold medal at the 19th Asian Games 2023 held in Hangzhou, China at the event.

In his address, Dr. Mahendra Nath Pandey, Hon’ble Union Minister of Heavy Industries, Government of India, said, “The Indian Government has provided constant support for the growth of EVs in the country. We can proudly say that 9.4 lakh EVs are now on Indian roads. The outcomes of the PLI scheme in battery development and supporting domestic manufacturing are reducing our dependence on others, and making us self-reliant. In the coming period, India will become a major battery manufacturing hub. We have also found lithium deposits in Jammu and Kashmir, and the government is making efforts to make India competitive in every field without delay. EVs have grown from 0.13% in 2019-20 to 4.3% now, and SIAM has made significant contributions in leading this change. I extend my congratulations to the team. We must work together to achieve our sustainability objectives and promote the green mobility movement.”

In his address, Mr. Kamran Rizvi, Secretary, Ministry of Heavy Industries, Government of India, said, “There is a saying that change is the only constant. Positive changes have made our lives more convenient, and electric vehicles are one of them. Issues like safety, cost, and others have acted as barriers, but over time, these issues have been addressed, and EVs are now widely accepted. The Indian automobile industry has supported and facilitated this positive change. EV manufacturing is a technical endeavor, and the ministry has supported the industry with FAME and PLI schemes. We expect 12 lakh scooters to be sold this year, which means the public is actively adopting EVs, and we have a long road ahead. By 2030, we anticipate having 60-70% of electric two-wheelers and, in a few years, 70-75% of electric three-wheelers. For cars, we aim to sell one lakh cars and double that number. SIAM leadership has worked closely with the government, and as a result, we have been able to initiate many successful endeavors for sustainable mobility.”

On this occasion, Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd., said, “Over the last couple of years, the Indian automobile industry has made significant progress towards sustainability to meet the decarbonization targets set by the Indian government. The country has made rapid strides, supported by proactive actions. India’s transition to e-mobility is well underway, and as the economy continues to grow, electric vehicle adoption will also increase. Strong support is needed in terms of policy and infrastructure. Under our  विद्युतीकरण (Electrification) initiative, SIAM remains dedicated to address industry’s issues in close collaboration with all stakeholders across the value chain.”

Dr. Hanif Qureshi, Joint Secretary, Ministry of Heavy Industries, Government of India, said, “The rally is a great initiative to spread awareness on EVs which is key to meet electrification goals. I extend my thanks to SIAM for taking up such initiatives. The Government has supported electric vehicles adoption and the industry has to play its part and make efforts along with the government. At present, Europe, the US, and China have more EV sales, and India has to come on par with them.”

The participating companies of the rally were felicitated during the event which also marked the presence of a host of senior experts and dignitaries from the automobile industry.

About SIAM

The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing major vehicle and vehicular engine manufacturers in India. It is a society with charitable objectives registered under the Societies Registration Act 1860. Its objectives include enhancing the contribution of the automobile industry in the growth and development of the Indian economy, assisting the automobile industry in meeting its social obligation, encouraging the efficiency of the industry in general, particularly in India, and improving and protecting the environment, including global warming, pollution control and safety of automobile vehicle users and public at large. Recognizing these objectives, SIAM has been granted registration under the Income Tax Act 1961 as an institution with a charitable purpose.

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