India Sees Automobile Export Growth, Business and Industry Trends Analysis

Total passenger vehicle sales (including imports) for India reached 2.77 million units April 2019-March 2020 over the same period in the previous year, down 17.88% according to the Society of Indian Automobile Manufacturers.  The market has the potential to grow to much higher numbers over the mid-term.  The Society of Indian Automobile Manufacturers reported that 3.43 million new passenger vehicles were built in that nation during the 2019-2020 fiscal year, down from 4.03 million the previous year, and a large portion were exported to other nations.  (In addition, the nation builds millions of motor scooters, motorcycles and three-wheelers each year,…

A Representative List of Organizations that Have Used our Research and Products: