The Government Committee of SIAM has unanimously elected Kenichi Ayukawa as the brand new President. The election was performed through the government committee assembly which was held after SIAM’s Annual Basic Assembly.
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 Vehicle Producers (SIAM). The Government Committee of SIAM unanimously elected Kenichi Ayukawa as the brand new President and the election was performed through the government committee assembly which was held after SIAM’s Annual Basic Assembly. 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 Industrial Autos (VECV) will proceed because the Treasurer of SIAM.
In actual fact, SIAM has been restructuring its administration construction as a few of its senior members have retired recently. Final month, Sugato Sen – Former Deputy Director Basic- 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 varied administration consulting organisations.
Additionally Learn: Atanu Ganguly Succeeds Sugato Sen as Deputy Director Basic Of SIAM
Rajan Wadhera has lead the apex physique of the Indian auto business for the final two years which has been a gruelling interval for the auto business owing to the extended slowdown final 12 months after which the coronavirus disaster that took an enormous toll of auto gross sales and manufacturing. The volumes within the business have hit the bottom taking place 2010 ranges and the stakeholders expect returning to 2019 quantity ranges solely by FY 2024-25. The auto business was manufacturing round 92,000 models per day on a mean final 12 months and its all the way down to 57,000 models per day after gross sales have proven slight restoration submit the lockdown interval.