The conference will set the tone on what entrepreneurs and dealership networks will need to do to keep pace with the rapid evolution of the automotive industry, processes and customer preferences.
11 Dec 2017 | 5490 Views | By Autocar Professional Bureau
The automobile industry the world over is experiencing rapid change and the scenario in India is no different. Vehicle manufacturers across segments – passenger vehicles, commercial vehicles, two- and three-wheelers – have to contend with changing customer preferences, a surge in online purchasing and, of late, new regulations like GST ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
The automobile industry the world over is experiencing rapid change and the scenario in India is no different. Vehicle manufacturers across segments – passenger vehicles, commercial vehicles, two- and three-wheelers – have to contend with changing customer preferences, a surge in online purchasing and, of late, new regulations like GST among a host of other business-impacting issues.
In line with changing times, Indian entrepreneurship will be even more different in 2020. Laws, taxes, consumers and the entire ecosystem are changing rapidly, leaving the Indian entrepreneur with many questions: What is the quantum of change expected? What do we need to keep pace with and capitalise on the evolution instead of just surviving? New learnings at a rapid pace are an imperative if businesses are to perform at their best, consistently.
The Indian automobile dealer fraternity recognises the new demands placed on itself. Now FADA (Federation of Automobile Dealers Association), the apex auto dealer body in the country, is to host a key conference called Vyapar: ’Whether Indian businesses are ready for the changing times?’ in Mumbai on December 15, 2017 at Hotel Holiday Inn.
There will be two keynotes, which will be delivered by Major General G.D. Bakshi on ‘Living like a Leader' and renowned author and financial expert Anil Lamba, on 'Financial Literacy for Successful Leadership’
The event will also consist of two panel discussions:
Panel I: ‘Are Indian businesses ready for changing times?’ For more than a year now, economic turbulence has rocked the Indian business fraternity, particularly the automotive retail business which employs over 2.5 million people. Demonetisation, BS norms and GST are some of the key reasons for the industry to revisit its strategies and, in some cases, re-haul them. This panel discussion will debate the quantum of change expected, what do dealers need to keep pace with change and capitalise on the evolution instead of just survive?
Panel II: ‘Future of mobility – journey of automobiles to the next generation’ This panel discussion will cover electromobility, autonomous cars, use of data analytics and related technologies for customer-centric processes and experiences, augmented reality, customisation of cars, amplified vehicle security through machine learning, car sharing and lots more.