Robust demand drives auto exports up 19%
SIAM data.
Budget with ET
Budget 2025: A CFO’s playbook for operational excellence and long-term growth
Rising Bharat may need to take center stage for India’s game-changing plans
Will Indian Railways accelerate to global standards with govt’s budgetary allocation?
Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023.
«Last year saw revival in demand for the Indian automobiles from emerging markets like Latin America and Africa,» Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon told PTI when asked about reasons for exports growth last year.
In 2024, passenger vehicle exports grew 10 per cent to 7,43,976 units as compared to 6,77,956 units in January-December period of 2023.
(You can now subscribe to our Economic Times WhatsApp channel)
Read more on economictimes.indiatimes.com
