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India Clears Rs 72.80 Bn Rare Earth Permanent Magnets scheme

Auto industry welcomes the scheme, which comprises a sales-linked incentives of Rs 64.50 billion on Rare Earth Permanent Magnets (REPM) sales for five years and capital subsidy of Rs 7.50 billion for setting up an aggregate of 6,000 MTPA of REPM manufacturing facilitiesRead more

Shailesh Chandra Elected OICA President, Hildegard Müller as Vice President

Shailesh Chandra becomes first Indian OICA President; Hildegard Müller named Vice President, highlighting global leadership in automotive sustainability.Read more

SIAM advances India’s green mobility goals at 4th World Biofuel Day

SIAM’s 4th International Conference on World Biofuel Day highlights India’s achievements in ethanol blending, advanced biofuels, and sustainable feedstock strategies for clean mobility.Read more

SIAM holds Automotive Sourcing Conclave 2024

The sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.Read more

India's automobile exports rise 14% in April-September; Driven by PVs and e2W

In FY24, India’s automobile exports declined 5.5%, totalling 45,00,492 units, compared to 47,61,299 units in FY23, due to global financial pressures. Read more

Gadkari suggests vehicle scrapping to boost auto sales by 18-20%

Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more

SIAM's 64th convention themed Sustainable Mobility Journey towards Viksit Bharat

In the conference, prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047. Read more

SIAM hosts 10th automotive logistics conclave on enhancing automotive logistics

The conclave explored the most recent advancements and strategies that are expected to influence the future of the automotive logistics sector in India.Read more

SIAM hosts workshop and unveils ‘SIAM EV Talent Landscape in India’ report

The report was unveiled by Chief Guest, Shri H D Kumaraswamy, Hon’ble Union Minister of Heavy Industries & Steel, Government of India.Read more

Will new EV policy pave way for Tesla in India?

While the new Electric Vehicle (EV) policy aims to promote EV manufacturing in India, there could be some risk to a few of the upcoming high-end SUV models and imported luxury vehicles, says Rakesh Rao.Read more

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