Society Of Indian Vehicle Producers Appoints Kenichi Ayukawa As Its New President

The Govt Committee of SIAM has unanimously elected Kenichi Ayukawa as the brand new President. The election was performed in the course of the govt committee assembly which was held after SIAM’s Annual Common Assembly.

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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 Vehicle Producers (SIAM). The Govt Committee of SIAM unanimously elected Kenichi Ayukawa as the brand new President and the election was performed in the course of the govt committee assembly which was held after SIAM’s Annual Common 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 Business Automobiles (VECV) will proceed because the Treasurer of SIAM.

Additionally Learn: India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant

Sugato Sen- Former Deputy Director Common- SIAM determined to retire from work final month.

In reality, SIAM has been restructuring its administration construction as a few of its senior members have retired these days. Final month, Sugato Sen – Former Deputy Director Common- SIAM determined to take retirement from work. He was succeeded by Atanu Ganguly who’s 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 General Of SIAM

Rajan Wadhera lead SIAM for the final two years.

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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 12 months 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 happening 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 12 months and its right down to 57,000 models per day after gross sales have proven slight restoration submit the lockdown interval.

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