New Delhi [India], September 9 (ANI): Automobile sales in India jumped by 17 per cent year-on-year in August led by healthy growth in passenger vehicle sales, as per data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

New Delhi [India], August 27 (ANI): In line with the vision to promote ethanol through their year-round activities, the Society of Indian Automobile Manufacturers (SIAM) on Saturday said it has conducted the first 'master class' to learn from the US experience on usage of higher blends of ethanol in transportation.

New Delhi [India], August 12 (ANI): Passenger vehicle dispatches to dealers in India rose by 11 per cent year-on-year in July 2022 helped by improvement in semiconductor supplies, as per data released by automobile manufacturing body SIAM on Friday.

New Delhi [India], March 11 (ANI): Automobile dispatches from the factory to dealerships in India dipped by 23.4 per cent in February year-on-year due to semiconductor shortage and price rise, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

New Delhi [India], December 1 (ANI): Lockdowns due to COVID-19 and semi-conductor shortage globally are the key reasons behind the drop in automobile sales in the last two years.

pPrime Minister Narendra Modi on Wednesday said holistic steps are being taken for the value chain associated with automobile manufacturing so that the industry becomes more productive and sustainablenbspppPTIp

New Delhi Aug 25 PTI Prime Minister Narendra Modi on Wednesday said holistic steps are being taken for the value chain associated with automobile manufacturing so that the industry becomes more productive and sustainable In a message to the auto industry body Society of Indian Automobile Manufacturers SIAM on its 61st Annual Convention the Prime Minister also stated that India remained firmly committed to move forward with the goal of clean and modern mobility while lauding the role of the industry in the countrys progress The role of the automobile industry in Indias economy and progress has been remarkable From contributing significantly towards manufacturing to furthering exports from creating numerous employment opportunities to adding to the ease of living for people the sector has been a partner in Indias growth story Modi wrote in his message which was read out by SIAM President Kenichi Ayukawa He further said Even during the nations fight against COVID-19 the sensitive and active effort of the sector is deeply valued Stating that modernity in mobility brings about a positive impact in almost every industry and every sector of the country Modi said The 21st century India remains firmly committed to move forward with the goal of clean and modern mobility Holistic steps are being taken for the value chain associated with auto manufacturing so that the industry becomes more productive and sustainable He also reassured the auto industry that all the stakeholders have an important role in our governments steadfast efforts to transform India into a global manufacturing hub Presence of manufacturing units of global automobile manufacturers in India is reflective of a thriving ecosystem Modi added Reiterating that there are rapid changes taking place in technology lifestyle and economy and old approaches and old practices have to be changed he said It is also crucial to protect our environment resources and raw materials For this reason Modi said India is not only emphasizing on exploring new possibilities but also encouraging a circular economy Recently launched National Automobile Scrappage Policy exemplifies this vision The Prime Minister said as India celebrates the 75 years of Independence the next 25 years are very important for the country We have to work together for the next generation infrastructure world class manufacturing and new age technology India is committed to providing its citizens with global standards in terms of quality and safety he asserted PTI MSS RKL DRR DRR