Society of Indian Automobile Manufacturers (SIAM)

2020 MAR 17

Preliminary   > Social Justice   >   Development processes & Industry   >   Other Bodies

Why in news?

  • SIAM moves the Supreme Court on deadline for Bharat VI vehicles.

About SIAM

  • The Society of Indian Automobile Manufacturers (SIAM) is a not for profit apex national body representing all major vehicle and vehicular engine manufacturers in India.
  • It works towards facilitating enhancement of the competitiveness of the Indian Automobile Industry, reducing cost of vehicles, increasing productivity and achieving global standards of quality.
  • SIAM provides a window to the Automobile Industry in India and works closely with stakeholders in the formulation of the economic and commercial policies, regulations and standards relating to automobiles.
  • It provides economic and statistical information as well as technical and public policy services to the stakeholders on behalf of Indian Automobile Industry.
  • It publishes Monthly Industry Statistics, Monthly Commodity Price Monitor and other periodic reports.
  • It also organises seminars and workshops on the topics of topical relevance and interest to the industry.
  • For carrying out various public policy activities, particularly in the field of road safety and environment, SIAM has partnered with other stake holders and set up the Society for Automotive Fitness & Environment (SAFE).
  • SIAM, jointly with ACMA and CII organises Auto Expo, a widely awaited biennial auto exhibition showcasing the trends in the Auto Industry.

Prelims Question

Q.Regarding the Society of Indian Automobile Manufacturers (SIAM), which of the following statements is/are correct?
1. It is a not for profit apex national body representing all major vehicle and vehicular engine manufacturers in India
2. It organizes the biennial Auto Expo in India in association with other industry bodies
Select the correct answer using the code given below:
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2

Answer to the Prelims Question