SIAM | DD News

September 3, 2026 6:08 PM

Auto industry remains key driver of India’s economic growth: SIAM

India's automotive industry continues to be a key driver of economic growth, contributing more than Rs 22.75 lakh crore to the economy and accounting for around 15 per cent of the country's GST collections, Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said on Thursday. Addressing the annual convention of SIAM, Chandra said the automobile industry provides direct and indirect employment to more than 30 million people and has a significant multiplier effect across ...

October 15, 2025 5:13 PM

India’s auto sales see strong uptick in September 2025: SIAM

India’s automobile sector reported robust growth across all major segments in September 2025, driven by festive demand and the early impact of GST 2.0 reforms, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday. Passenger vehicle sales stood at 3,72,458 units in September 2025, up 4.4% from 3,56,752 units sold in the same month last year. Two-wheeler sales recorded 21,60,889 units, marking a 6.7% rise from 20,25,993 units in September 2024, suppo...

September 16, 2024 3:26 PM

PM Modi urges automakers to focus on sustainable mobility, highlights industry’s role in economic growth

Prime Minister Narendra Modi in a written address to the annual convention of the Society of Indian Automobile Manufacturers (SIAM) emphasized the need for the Automobile sector to set an example for others to follow. PM Modi said the automotive industry will drive even higher economic growth and in turn, thrive on demand growth. At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) today in New Delhi, the industry focused on "Sustainable Mobility Journey towards Vi...