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Here are the key takeaways from SIAM annual convention 2018

Updated : September 06, 2018 22:41:21 IST

Auto industry body Society of Indian Automobile Manufacturers (SIAM) held its 58th national convention on Thursday.

SIAM asked the government for long-term policy for promoting electric mobility in the country, saying absence of such guidelines is not helpful to the industry to plan future investments.

The auto industry body also sought lower taxation for the vertical in order to help it realise its true potential.

Anant Geete, minister of heavy industries and enterprises, assured that the government would soon come out with a new auto policy.

With Inputs from PTI.
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