Sunday, April 14, 2024

Automobile exports from India dip 5.5% in FY24

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.

from Auto-Industry-Economic Times https://ift.tt/GYjbIN8

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