Automobile exports from India dip 21% in 2023: SIAM
Automobile shipments from India declined 21% last year due to monetary crises in overseas markets, according to SIAM data. Overall exports fell to 42,85,809 units from 52,04,966 units in 2022. Passenger vehicle shipments increased by 5% to 6,77,956 units, while commercial vehicles, two-wheelers, and three-wheelers saw declines in exports. Two-wheeler exports slipped 20% to 32,43,673 units, and three-wheeler exports declined 30% to 2,91,919 units.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.