Starting Fresh Innings with Renewed Optimism

 

Dear friends,

At the meeting of F A D A Council held on 5th October 2017, I had the privilege of being re-elected as President of this esteemed organisation for one more year. I convey my sincere thanks to F A D A Council and members at large for reposing their faith and confidence in me.

There is no gainsaying that the path ahead for auto retail business is full of new challenges. My fellow dealers are still struggling with the complexities of GST. While the months of August and September have been reasonably good for auto sector, the sales numbers do not necessarily reflect the reality at the retail level, barring few brands. As I understand, my fellow dealers are saddled with huge stocks in anticipation of festive sales. As the implementation of GST has acutely affected the small businesses, there is uncertainty in the market whether the impressive sales volumes will be sustainable after the festive period is over.

Addressing concerns of members of automobile dealer fraternity, arising out of GST is our first priority. In view of the huge contribution made by auto retail trade and service industry in the national and State economies in terms of employment and revenue generation, we need to leverage our strength to influence policy formulation conducive to growth. The auto retail business essentially provides employment to local people in every nook and corner of the country and, as such, promotes inclusive growth.

Needless to mention, F A D A has come a long way since its humble beginning in 1964. The membership of F A D A has grown manifold, particularly in the last ten years or so. However, many of our dealer friends, especially in countryside and far flung areas, still continue to be out of the ambit of F A D A. Our second priority during the year ahead would be to further strengthen the membership base and to bring those of my fellow dealers who are not members as yet, into the fold of F A D A. I would appeal to senior members across the country to support our efforts to increase membership of F A D A.

We stepped up our interaction with the Government, industry, allied businesses and other stakeholders during the last year. We shall continue our endeavour for further deepening our relations and building rapport with all stakeholders in automotive business.

As you are aware, F A D A has been organising Auto Summit – a mega biennial convention of automobile dealers, coinciding with Auto Expo, since 2000. The event that has got better and bigger over the years brings together automobile dealers, industry, government, consultants and academia on a common platform to deliberate and find workable solutions for the current and emerging challenges.

I am happy to inform that the next (10th) Auto Summit of F A D A will be held on 9th February 2018 at Hotel Le Meridien, New Delhi. The Summit has, as in the past, been timed with Auto Expo 2018 organised by SIAM, CII and ACMA. F A D A is making arrangements for special invites for automobile dealers to participate at the Inauguration and to visit Auto Expo on the preceding day, i.e. 8th February 2017, as there is huge rush of crowd on other business/public days.

We took a large delegation of F A D A members to participate at 2017 N A D A Convention & Centenary Celebrations. The participation was not only an enriching experience, it also built bonding and fellowship among the delegation members from various parts of the country. We would like to take a larger delegation under the banner of F A D A to 2018 N A D A Convention & Expo scheduled during 22nd to 25th March 2018 at Las Vegas. Interested members may please get in touch with F A D A office.

By the time this issue reaches you, the long festivities will be over. Hope, you would have had blast and made most of the big ticket spending by the people during the festivals.

With best wishes,

Yours sincerely,

John K Paul

Tab content 1
Tab content 2
Copyright © 2017 FADA India. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.
Federation of Automobile Dealers Associations(FADA)
Website by Carazoo