Automobile dealers body FADA aims to bring major auto industry bodies together to effectively engage with Government regarding various issues plaguing the sector, a top official said. Vinkesh Gulati, in an interview with PTI after taking over as new President of the Federation of Automobile Dealers Associations (FADA), said the move is important to get much needed attention from the government regarding various policy matters and long-standing demands.
Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown. The industry body, which represents around 15,000 auto dealers across the country, aims to push for increasing dealer margins and collaborate with other retail organisations across verticals to work out a law that protects retailers and dealers.
“We are of the view that auto industry should have a common stand. Practically as of today our voice is not being heard. For the past two-three years, SIAM, ACMA (Automotive Component Manufacturers Association), FADA have been independently trying to go to government for benefits for auto industry. But nothing has happened,” Gulati said. “So we are trying that FADA should take the lead and make all these 5-6 auto organisations come together so that when we go to the government we are actually heard,” he added.