Section

Auto exports in H1 FY24 decline across segments; PVs mark single-digit growth

one year ago Auto economictimes
The biggest auto export markets from India are Latin America, Southeast Asia and Africa. During the April-September 2023 period, export volumes saw a de-growth for all the segments including two wheelers, commercial vehicles (CVs) and three wheelers. However, the passenger vehicle (PV) segment marked a growth of 5%. Ongoing geopolitical issues and availability of foreign exchange have been challenges for certain markets. Industry experts expect the overall scenario to improve in H1 but owing to global issues, complete recovery could be lingered on to the next fiscal year. Read more at: economictimes

Tags : auto exports in 2023 car exports two wheeler exports commercial vehicle exports vehicle export in FY24 auto industry in india maruti suzuki exports bajaj auto exports

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like

Auto

Castrol Edge with PowerBoost Tech engine oil now in Malaysia – claims 30% better engine performance

Auto

New MRT feeder bus from Selayang to Metro Prima

Auto

More AWAS speed cameras at new locations, e-plate compatibility being studied – dep transport minister

Auto

TRX Menara IQ direct link to Smart Tunnel now open

Auto

Toyota suspends production in Japan for a day due to a system malfunction – output resumes today

Auto

GAC Aion M8/E9 seen in Malaysia – hybrid MPV coming soon to compete with Toyota Alphard/Vellfire?

© Copyright © 2017 Bollywoodcharcha