The Society of Indian Automobile Manufacturers (SIAM) has appointed Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as its new president for 2022-23.
Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India Ltd.
Satyakam Arya, CEO & MD, Daimler India Commercial Vehicles was elected as the Treasurer of SIAM for 2022-23.
The members of SIAM also elected Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, as the Vice President of SIAM for 2022-23.
In a statement, Aggarwal said, “The Indian automotive industry is currently at a very exciting juncture. The industry is witnessing rapid adoption and focus on connectivity, e-mobility and alternate fuels, and other technological advancements, to provide the consumers with not just modern, but also safe and environmentally friendly vehicles”.
“We are grateful to the government for it’s constant focus on improving the infrastructure through significant investments and such policies that modernise this industry.I am humbled by the opportunity to contribute to the new era of Amrit Kaal, working closely together with the SIAM members.”
SIAM is a not-for-profit apex national body representing all major vehicle and vehicular engine manufacturers in India. SIAM works towards supporting sustainable development of the Indian Automobile Industry with the vision that India emerges as the destination of choice in the world for the design and manufacture of automobiles.
It also works towards facilitating the enhancement of the competitiveness of the Indian Automobile Industry, reducing cost of vehicles, increasing productivity, and achieving global standards of quality.
