SIAM has inaugurated its first ever CSR conclave in New Delhi. The initiative has been named as Building the Nation, Responsibly. In this conclave, all the SIAM members came together to guarantee comprehensive advancement of the society, while saving both the environment and ecology.
Mr. Sh. Girish Shankar, Secretary Department of Heavy Industry, Ministry of Heavy Industry & Public Enterprise inaugurated the conclave. Additionally, he praised the automobile industry and SIAM for their efforts in nation building. According to him, the auto industry and automotive sector are growing very fast and are the engine of growth for the entire country. Referring to the vision document of the industry, he additionally stated that the Indian car industry will be among the main three industries of the world by 2026.
As per, Mr. Kenichi Ayukawa, Treasurer, SIAM & Managing Director & CEO, Maruti Suzuki India, car industry is contributing 7.1 % to the GDP in India. Around 32 million individuals are employed directly or indirectly in this industry. Total investment by the industry has been around of USD 35 billion. The industry’s vision is that throughout the following decade, the Indian automotive sector must contribute in excess of 12% of the country’s GDP, creating nearly 65 million additional jobs by 2026.
The auto industry has chosen to concentrate on four key zones of comprehensive social development – skills, health care & sanitation, ecological revival and road safety. SIAM is working towards supporting sustainable development of the Indian vehicle industry with the vision that India develops as the destination of choice on the planet for design and manufacture of vehicles.