INDIA EXPORTS: Passenger vehicle shipments up 15% in H1 FY2017
For the April-September 2016 period, total shipments of PVs totalled 367,110 units, which marks a year-on-year rise of 15.38%.
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Things are looking good for the Indian passenger vehicle (PVs) industry. While sales in the domestic market rose 12.34% to reach 1,494,039 units in the first half of FY2016-17 (H1 - April-September 2016), PV exports too are beginning to see an uptick.
For the April-September 2016 period, total shipments of PVs totalled 367,110 units, which marks a year-on-year rise of 15.38%. The big gainer for H1 FY2017 is Ford India which has exported 73,821 units (+32%), thanks to demand for the new Figo which is sold as the Ka+ in the UK. Meanwhile, the EcoSport replaced the Nissan Micra ...
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