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Exports of motorcycle parts are surging
Mint Kolkata
|March 19, 2025
Auto component exports, including motorcycle parts, have shown steady growth over the past three years
Indian exports of motorcycle parts to both developed and developing economies have grown significantly over the last three years, driven by government initiatives such as the Production-Linked Incentive (PLI) scheme, which has boosted domestic manufacturing and strengthened the sector's global presence, two people said.
This expansion has helped position India as a key supplier of motorcycle parts and accessories to global markets.
Citing official data from the commerce ministry, the first person said that exports of motorcycle parts and accessories increased sharply from $558.05 million in April-January of FY22 to $709.22 million in the same period of FY25. This reflects a 27.09% growth over the three-year period.
Diese Geschichte stammt aus der March 19, 2025-Ausgabe von Mint Kolkata.
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