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SHAILESH CHANDRA SIAM
SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...- Automakers' joy ride hits a big cost hurdleRising input costs and freight charges, driven by the West Asia crisis, are pressuring automakers to increase vehicle prices. This surge in...
- MSME auto suppliers seek relief from carmakers as rising labour and input costs hurtSmall auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, an...
- Automakers give the green light to CAFE III proposals, norms to come into effect from April 2027Indian carmakers have agreed to new fuel efficiency rules, CAFE 2027. These norms will limit CO2 emissions for passenger cars starting Apri...
- Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...
- West Asia war may have adverse implications for auto industry: SIAMThe war in West Asia could create near-term headwinds for India’s automobile sector through rising input costs, supply chain disruptions an...
- Reviewing draft fuel efficiency norms, will discuss with members on implementation timeline: SIAMAuto industry body SIAM is reviewing the draft CAFE III fuel efficiency norms and will discuss manufacturer readiness for the implementatio...
- Passenger vehicle dispatches rise 16% to 4,42,460 units in March: SIAMIndia’s auto industry saw strong growth in March, with passenger vehicle dispatches rising 16% year-on-year to 4.42 lakh units, according t...
- RBI rate cut to enhance affordability, aid further growth of auto industry: SIAMThe RBI's 25 basis point interest rate cut, alongside GST reforms and budget tax relief, is expected to boost the Indian auto industry. Ind...
- SIAM's Shailesh Chandra elected as first Indian President of OICAShailesh Chandra, President of SIAM, has been elected as the new President of OICA, effective November 1, 2025, marking the first time an I...
- Passenger vehicle dispatches up 4 pc in Sept at 3,72,458 units: SIAMPassenger vehicle dispatches to dealers saw a 4.4% year-on-year increase in September, reaching 3,72,458 units. This growth was accompanied...
- India should look possibility of developing Rare Earth Magnet ecosystem: SIAMSIAM President Shailesh Chandra urges decisive action to capitalize on India's rare earth magnet ecosystem potential, especially given Chin...
- GST reforms will inject fresh growth momentum into the Indian automotive sector: SIAMThe Society of Indian Automobile Manufacturers welcomes the government's GST rate cuts on vehicles. Shailesh Chandra believes this will boo...
- India-UK trade pact supports auto sector, addresses consumers' interests: SIAMSIAM stated that the India-UK Free Trade Agreement balances consumer interests and supports Indian industry's goals. The agreement, officia...
- Rural slump ends India’s four-year auto sales run, exports hit record highIndia’s car and two-wheeler sales slipped in the June quarter for the first time in four years, hit by weak rural demand and sluggish entry...
- RBI rate cut will have positive impact on auto sector: SIAMReduction in rates at this time would have a positive impact on the auto sector, Society of Indian Automobile Manufacturers (SIAM) Presiden...
- SUVs drive growth: Carmakers record highest ever yearly sales of 4.27 mn units in 2024Car sales in the local market rose by 4.2% to 4.27 million units in 2024, driven by demand for sports utility vehicles. Utility vehicles sa...
- MoTown India runs into muted sale season; dispatches drop as retail pick-up drags even after steep discountsThe car industry is experiencing a slowdown this year. Companies like Maruti Suzuki and Tata Motors have reduced wholesales to dealerships....
- Auto industry needs 2 lakh skilled people by 2030 to meet 30 pc EV adoption target: SIAMThe Indian automotive industry anticipates the need for up to 2 lakh skilled personnel by 2030 to achieve the government's goal of 30 perce...
- VECV's Vinod Aggarwal appointed as SIAM presidentAfter taking over as SIAM President, Mr Aggarwal said, “The Indian automotive industry is currently at a very exciting juncture. The indust...
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