In a significant move for India’s automotive industry, Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, has been elected as the new President of the Society of Indian Automobile Manufacturers (SIAM) for the 2024-25 term. This appointment highlights Chandra’s influential role in shaping the future of India’s auto sector, particularly in the electric mobility space.
Leadership Transition at SIAM
Chandra steps into this role after serving as Vice President of SIAM, succeeding Vinod Aggarwal, Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd. His appointment marks a new chapter for the industry body, which represents India’s top automotive manufacturers, and signals a forward-thinking approach to tackling emerging challenges, including the shift to electric vehicles and the push for sustainable mobility.
New Leadership Team
Alongside Chandra’s election, SIAM has also appointed two other key figures in the industry. Shenu Agarwal, Managing Director & CEO of Ashok Leyland Ltd, was named Vice President of SIAM, while Satyakam Arya, CEO & Managing Director of Daimler India Commercial Vehicles, takes on the role of Treasurer for 2024-25. This leadership team is expected to drive the organization’s vision of advancing innovation and maintaining India’s global competitiveness in the automotive space.
Driving the Future of Indian Automotive Industry
Under Chandra’s leadership, SIAM is poised to focus on critical industry issues such as electrification, sustainability, and global supply chain disruptions. His experience at the helm of Tata’s passenger vehicle and electric mobility divisions positions him well to lead the charge in pushing India’s automotive industry towards a greener, more tech-driven future.
Shailesh Chandra’s presidency comes at a pivotal time for India’s automotive landscape, with growing emphasis on electric vehicles (EVs), sustainable practices, and technological advancements. Industry experts are eager to see how this new leadership will steer the sector through evolving consumer demands and international competition.
Conclusion
The appointment of Shailesh Chandra as President of SIAM, along with the newly elected leadership team, sets the stage for an exciting future in Indian automotive manufacturing. With a clear focus on innovation, sustainability, and electric mobility, this new leadership team is expected to shape the industry’s growth and drive transformative change across the sector.
Key Takeaways:
- Shailesh Chandra, MD of Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, is the new SIAM President for 2024-25.
- Shenu Agarwal of Ashok Leyland appointed Vice President, and Satyakam Arya of Daimler India elected Treasurer.
- SIAM’s leadership shift comes at a crucial time as India focuses on EVs, sustainability, and global competitiveness.
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