The first plenary session of SIAM’s 63rd Annual Convention themed “Balancing Growth Aspirations with Sustainability”, was moderated by SIAM Vice President and Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. Managing Director Shailesh Chandra. He welcomed the panel and introduced the theme of the session.

During the session, Ministry of Heavy Industries Secretary Kamran Rizvi said, “Given the ever increasing incentives being provided by Government of India for EVs, compared to phasing down of incentives in China, UK & Europe, Indian companies should now become global leaders in electric.” He requested the Auto Industry to launch campaigns on lowering the Total Cost of Ownership of EVs, which will automatically propel higher offtake of EVs.

Presenting views during the session, Ministry of Road Transport & Highways Secretary Anurag Jain said, “The automotive industry should prioritize quality, sustainability, safety and research on high-end technologies as integral components of their business operations.” He also said that in order to have a sustained scrapping and recycling ecosystem, there is a need to have requisite infrastructure for vehicle testing and scrapping facilities across the country.

 Mahindra & Mahindra Ltd Executive Director (Auto & Farm Sectors) Rajesh Jejurikar, TVS Motor Company Ltd. Director & CEO K N Radhakrishnan, Bharat Forge Ltd Chairman & Managing Director Baba Kalyani were also present during the session

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