Sustainable Mobility – Global Benchmark SIAM's 63rd Annual Convention

During 2nd plenary session of SIAM's 63rd Annual Convention themed "Sustainable Mobility - Global Benchmarks", Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd addressing the gathering, said, "We need to learn from the global strategies we have been witnessing in the automotive sector and examine their applicability in India. With increased focus on sustainability, prominent avenue for the auto industry's growth lies in the adoption and promotion of clean-energy vehicles. This includes embracing other powertrains, including eco-friendly flexi fuels and making vehicles compliant to it."

Mr. Guenther F. Apfalter, President of Magna Europe & Asia, delivered an insightful presentation on Fuel Cell Electric Vehicles (FCEVs) and Battery Electric Vehicles (BEVs) from a European perspective. Highlighting the evolving landscape of powertrains in Europe and underscored the significance of clean and efficient mobility solutions. Prof. Suani Coelho, Professor, Institute of Energy and Environment and Coordinator of the Research Group of Bioenergy, University of São Paulo, shed light on Brazil's pioneering role in sustainable transportation through biofuels, offering valuable insights into innovative approaches to clean energy.

Moving forward, Mr. Ashim Sharma, Senior Partner & Group Head of Business Performance Improvement Consulting (Auto, Engg. & Logistics) at Nomura Research Institute, provided valuable insights into Sustainable Mobility Learnings from Japan. His presentation highlighted Japan's leadership in shaping the future of transportation, emphasizing transferable lessons that can enhance sustainability and efficiency worldwide. Mr. Andreas Tschiesner, Senior Partner at McKinsey & Company, presented a thought-provoking Global Perspective on Material Circularity.

About SIAM

The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing major vehicle and vehicular engine manufacturers in India. It is a society with charitable objectives registered under the Societies Registration Act 1860. Its objectives include enhancing the contribution of the automobile industry in the growth and development of the Indian economy, assisting the automobile industry in meeting its social obligation, encouraging the efficiency of the industry in general, particularly in India, and improving and protecting the environment, including global warming, pollution control and safety of automobile vehicle users and public at large. Recognizing these objectives, SIAM has been granted registration under the Income Tax Act 1961 as an institution with a charitable purpose.

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