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The automobile industry like any other industry has a number of associations to look after its interests. They provide a greater bargaining power to the industry and act as a source of bridge between the industry and the government. They help in formulating laws for the industry and help in getting technology from abroad.
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These associations enable the industry to lobby hard to get extra incentives in the Union budget in the form of reduced import duties etc. They also act as data banks and provide insightful researches into the industry and they also regularly conduct auto fairs and exhibitions.
Some of the major automobile Manufacturers Association along with a brief description of their profiles is as follows:
Society of Indian automobile Manufacturers ( SIAM)
This is the apex body of the automobile industry in the country representing nearly thirty eight vehicle and vehicular engine manufacturers in the country. It is an important channel of communication between with the Government and other national and international organizations. It works with all quarters of the industry and helps in formulating policies for the automobile industry. It also enhances communication between all the stake holders of the industry and helps in technological up gradation though collaboration with foreign players.
For more details of the organization log on to http://www.siamIndia.com/
The Automotive Component Manufacturers Association of India (ACMA)
This organization is the nodal agency for all the automobile component manufacturers in the country. They have nearly 500 hundred members and their supply form the majority of the components in the organized sector. Like SIAM, this association also helps in dissemination of information about the industry, enhances trade promotion, technological up gradation and quality enhancement thus playing an important role in the development of the industry. It also sends delegation to foreign countries and participates in international trade fairs and regularly publishes data about the sector.
More information about the organization can be sought from http://www.acmainfo.com/
Federation of automobile Dealers Association (FADA)
This association is the apex body of automobile dealers in India and it was established in 1964 to promote and protect the interests of the retail automobile market in the country.
The four founder members of FADA which have played a key role in the formation of the association are as follows:
- The automobile Dealers Association of Maharashtra, Mumbai
- Motor Industries Association, Kolkata
- automobile Traders Association, Delhi
- Motor Vehicles and Allied Industries Association , Chennai
Click http://www.fadaweb.com/ for more details.
Motor and Equipments Manufacturers Association (MEMA)
This association as the name suggests represents the interest of the automobile equipment manufacturers by making the companies associated with this trade more profitable and efficient. It provides useful information about the industry, valuable market research, government representation and other valuable commercial services. The body was established in 1904 and since then they have provided valuable service to the light motor vehicle and the heavy industries.
To know more click http://www.mema.org/index.php
Besides the above mentioned associations there are several other regional bodies that look after the needs of the industry in their own way.
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