The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, elected Vinod Aggarwal, Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd (VECV) as its new President for 2022-23.
The Society of Indian Automobile Manufacturers (SIAM) is a not-for-profit apex national body representing all major vehicle and vehicular engine manufacturers in India. The election for new office bearers was conducted during the Executive Committee Meeting, which was held after SIAM’s Annual General Meeting on 15th September 2022.
Vinod Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India Ltd. After taking over as SIAM President, Vinod 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.”
He added, “We are grateful to the government for its 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.”
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. Satyakam Arya, CEO & Managing Director, of Daimler India Commercial Vehicles was elected as the Treasurer of SIAM for 2022-23.
