Hindu Business Line - Bhubaneshwar

BS-VI, EV 'disruptions' may affect participation at Auto Expo

Date: 16/01/2018 | Edition: Bhubaneshwar | Page: 5 | Source: PTI | Clip size (cm): W: 9 H: 18

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Extracted Text data: PRESS TRUST OF INDIA Mumbai, January 15 SIAM chief Sugato Sen said the huge disruption going on in the domestic auto sec-tor — mainly the planned direct transition from BS-IV to BS-VI in two years and the electric vehicles move — may be keeping companies from Auto Expo 2018. The chief of the Society for Indian Automobile Manufac-turers said that the trend generally has been that only 50 per cent of SIAM mem-bers participate in the show, which is organised by SIAM jointly with the Automotive Component Manufacturers Association of India (ACMA) and the Confederation of In-dian Industry (CII). "Some of the regulars have opted out. We have 48 mem-bers and none of the event in the past has seen more than 50 per cent participa-tion," Sen said at a media conference here on Monday. Asked about some of the leading players such as Nis-san, Audi, Volkswagen, Skoda, Ford and Ducati, skip-ping the mega event, Sen said this was not, as a section of the media was reporting, due to high cost of participation. He pointed to new entrants such as Korea's Kia mit Sugato Sen, SIAM chief Motors and Japan's Kawasaki. "India right now is going through a huge disruption in the auto market. With dir-ect transition from BS-IV to BS-VI in two years and the EV plan etc, companies are not really bringing in new con-ventional vehicles anymore," he said. "Also, we have not changed the space rentals since 2012. On the contrary, we have reduced them by of-fering discounts," he said. The 14th edition of the bi-ennial Auto Expo, slated for February 9-14, will be held at the India Expo Mart in Greater Noida, near the Cap-ital, while the components show will be held at the Pragati Maidan in Delhi from February 8-11. Sen said: "We are going to see over 24 launches and un-veiling of over 100 vehicles during the expo."