Made-in-India car, 2- and 3-wheeler exports notch 73% growth in April-October

Even if the passenger vehicle and two-wheeler sales in October 2021, down 27% and 25% respectively, were not exactly what Indian OEMs would have liked in a festive month, they would surely be smiling at the robust exports made-in-India vehicles have notched in the first seven months of FY2022.

As per apex industry body SIAM, which released the latest sales statistics yesterday, cumulative exports of made-in-India passenger vehicles, two-wheelers, three-wheelers and quadricycles crossed the 3.2 million mark between April-October 2021. At 32,47,934 units, this constitutes handsome 73% year-on-year growth (April-October 2020: 18,76,447), indicating that with the opening ...