India's automobile exports fell by 5.5% in FY24 due to global monetary crises, with overall exports totaling 45,00,492 units. SIAM President Vinod Aggarwal cited volatile overseas markets and foreign exchange issues. While commercial vehicles, two-wheelers, and three-wheelers declined, passenger vehicles marginally increased. Recovery in Jan-Mar signals better prospects ahead.
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.