New SIAM office bearers
The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the industry’s apex body, elected Vinod Aggarwal, Managing Director and Chief Executive Officer, Volvo Eicher Commercial Vehicles Ltd. (VECV) as the new President for 2022-23. He succeeds Kenichi Ayukawa san, Executive Vice Chairman and Whole Time Director, Maruti Suzuki India Ltd. who completed a successful term involving the two pandemic marred fiscals. After taking over as SIAM President, Aggarwal said, “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 new office bearers also include Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., as the Vice President for 2022-23. Satyakam Arya, Chief Executive Officer and Managing Director, Daimler India Commercial Vehicles (DICV) was elected as the Treasurer. President, Sunjay kapur, Auto Component Manufacturers Association (ACMA) will continue as the President for the next year.