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The Executive Committee of SIAM has unanimously elected Kenichi Ayukawa as the brand new President. The election was carried out in the course of the government committee assembly which was held after SIAM’s Annual General Meeting.
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Kenichi Ayukawa has been elected as SIAM’s new president.
Kenichi Ayukawa, MD and CEO – Maruti Suzuki India, succeeds Rajan Wadhera, Senior Adviser – Mahindra and Mahindra as the brand new President of the Society of Indian Automobile Manufacturers (SIAM). The Executive Committee of SIAM unanimously elected Kenichi Ayukawa as the brand new President and the election was carried out in the course of the government committee assembly which was held after SIAM’s Annual General Meeting. The members of SIAM additionally elected Vipin Sondhi, MD and CEO, Ashok Leyland as the brand new Vice President of SIAM whereas Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles (VECV) will proceed because the Treasurer of SIAM.
Also Read: India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant
In truth, SIAM has been restructuring its administration construction as a few of its senior members have retired currently. Last month, Sugato Sen – Former Deputy Director General- SIAM determined to take retirement from work. He was succeeded by Atanu Ganguly who’s taking a look at all of the financial affairs associated issues at SIAM. Sen has been working with SIAM since 1999 after being with numerous administration consulting organisations.
Also Read: Atanu Ganguly Succeeds Sugato Sen as Deputy Director General Of SIAM
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Rajan Wadhera has lead the apex physique of the Indian auto trade for the final two years which has been a gruelling interval for the auto trade owing to the extended slowdown final yr after which the coronavirus disaster that took a large toll of auto gross sales and manufacturing. The volumes within the trade have hit the bottom taking place 2010 ranges and the stakeholders predict returning to 2019 quantity ranges solely by FY 2024-25. The auto trade was manufacturing round 92,000 models per day on a median final yr and its all the way down to 57,000 models per day after gross sales have proven slight restoration submit the lockdown interval.
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