News18 Network in collaboration with Tata Motors recently hosted ‘Trucking Into The Future’, an event aimed to look at solutions for developing the nation’s transportation and logistics industry while being fast, cost-efficient, and sustainable.
The event took place on September 27 at Taj Palace, New Delhi.
‘Trucking Into The Future’ was graced by Nitin Gadkari, the Union Minister for Road Transport and Highways, who had a one-on-one chat with Parikshit Luthra, Deputy Editor and Bureau Chief, CNBC-TV18 on the topic ‘The Future Pathways for Road and Highway Sector’.
The event was kickstarted with an introductory note by Girish Wagh, Executive Director, Tata Motors, on ‘India’s Highway To a $5 Trillion Economy’. Following this, there was a CEO’s panel with prominent personalities like Girish Wagh, Executive Director, Tata Motors; Peeyush Gupta, Vice-President, Supply Chain, Tata Steel; Saurabh Palsania, Executive Director, Group Commercial Head, Dalmia Cement (Bharat); V G Sakthikumar, Managing Director, Schwing Stetter (India); Dipti Vaishnav, Managing Director, Lead - Industrial and Mobility, Accenture India, as the panelists who shared their thoughts on ‘Making India’s Logistics Cheaper, Faster and Cleaner’.
Sharing his thoughts on the festive season sales and the talks of the upcoming global recession and its impact on Tata Motors, Wagh said, “Volumes in the commercial vehicle industry are always determined by how headwinds and tailwinds interact. We certainly have headwinds in terms of rising interest rates and rising fuel prices, but the good news is that fuel prices appear to be stabilising. We are watching the impact of interest rates, but if you look at the tailwinds, such as rising consumption, the government's focus on infrastructure, and so on, that leads to a tailwind being more than a headwind, so sentiments are better, and we see growth occurring even this year. Of course, FY 2019 was our peak, and we plunged by about 50% in FY 2021. Over that low base, we grew by 26% last year, and in my opinion, we should be rising in the double digits even this year.”
Furthermore, the event had two more panel discussions, the first panel discussion on ‘Road Construction Sector: Making India Move’ had eminent panelists like Rajesh Kaul, Vice-President and Head, Sales and Marketing, Domestic Commercial Vehicles Business, Tata Motors; DK Sen, Whole-time Director and Sr Executive Vice-President (Development Projects), L&T; Vineet Vijayavargia, Managing Director and Partner, BCG; Dr Sanjay Gupta, Senior VP and Head of Techno-commercial APSEZ and Logistics Adani Ports and SEZ; Nirmal Jit Singh, ED, CEG (Consulting Engineers Group).
While the second panel consisted of Sandeep Kulkarni, Chief Supply Chain Officer, Tata CLiQ; Chander Agarwal, Managing Director, TCI Express; Parag Aggarwal, Co-founder and CEO, GoBOLT; Rajesh Kaul, Vice-President and Head, Sales and Marketing, Domestic Commercial Vehicles Business, Tata Motors; Som Kapoor, Partner Automotive, Future of Mobility Leader, EY India, who shared their valuable opinions on the topic ‘E-comm: The Digital Driver on Indian Roads’.