Sustainable Mobility at core at SIAM’s 64th Annual Convention

The 64th Annual Convention of SIAM focused on “Sustainable Mobility Journey towards Viksit Bharat,” with industry leaders and policymakers discussing sustainable mobility’s role in achieving India’s Viksit Bharat goals by 2047.

The 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) focused on the “Sustainable Mobility Journey towards Viksit Bharat” with industry stalwarts and policymakers discussing the role of sustainable mobility in achieving Viksit Bharat goals by 2047.

The Hon’ble Prime Minister of India, Shri Narendra Modi, emphasised on the need for the Automobile sector to set an example for others to follow and 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”.

Chief Guest, Nitin Gadkari, Hon’ble Union Minister of Road Transport & Highways, Government of India, highlighted the Government’s initiatives and vision for sustainable transportation, stating, “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.”

Guest of Honour, Mr. H. D. Kumaraswamy, Hon’ble Union Minister of Heavy Industries and Steel, Government of India, 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 of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd., highlighted the automobile industry’s role in driving sustainable mobility. He stated, “The automobile industry is keeping pace and setting the standards for sustainable growth. Contributing 6.8% to the GDP and witnessing an impressive 12.5% growth last year alone, the industry’s turnover has soared to ₹20 lakh crore. 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% growth in EVs Passenger Vehicles, along with Ethanol and Gaseous fuels we are steering towards cleaner, greener mobility.”

Shailesh Chandra, Vice President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., emphasised the need for a collective effort to accelerate the transition to sustainable mobility. He 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.”

Rajesh Menon, Director General, Society of Indian Automobile Manufacturers (SIAM), was also present during the session. He highlighted SIAM’s various initiatives and commitment towards sustainable mobility.