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SIAM expects Auto Expo 2020 to revive industry

Sen also said that despite the Motor Show being hosted under "difficult circumstances", the footfall are expected to be the same as in the previous shows.

January 16, 2020 / 21:11 IST
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Industry body SIAM on January 16 said it expects that Auto Expo-Motor Show 2020 will help reviving the sector, which has reported the worst-ever decline in volume in the previous year. Outlining the contours of the 6-day mega industry event, scheduled to be held in Greater Noida from February 7, Society of Indian Automobile Manufacturers ( SIAM) deputy director general Sugato Sen also said at this year's show as many as 65 various launches are expected as against 80 toll outs by the SIAM members during the 2018 show.

Besides, as many as 75 per cent of the passenger vehicle makers and 75 per cent of the commercial vehicle manufacturers are likely to participate in the mega industry event.

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He also said that despite the Motor Show being hosted under "difficult circumstances", the footfall are expected to be the same as in the previous shows.

"The year 2020 will be generally negative in terms of volume. But we will be hoping the 2020 Motor show will be the launching pad for the revival of the industry," Sen said.