New Delhi, Aug 28 - 'Growth with responsibility' will be the mantra of new SIAM(Society of Indian Automobile Manufacturers) President Pawan Goenka who took charge of the organisation Friday.

'The auto sector should grow but with responsibility. We are all aware that the industry can lead to a lot of things like pollution, climate change, road safety among other issues,' Goenka told the media.

The Mahindra and Mahindra (automotive sector) president succeeded outgoing SIAM president Dilip Chenoy.

'We should have minimal impact,' he said, adding that the country's carbon dioxide norm was in place.

The sector has been one of the worst hit due to a global slowdown with commodity prices soaring and a slump in demand.

Goenka, however, is optimistic that one bad year does not mean the end of the road and predicts the growth rate of the industry to be 15-16 percent.

'The sector has to grow 15-16 percent in order to reach the growth outlined by the Automotive Mission Plan (AMP) 2006,' he said.