India's automobile exports rise 14% during April-Sept

The overall exports in April-September period stood at 25,28,248 units against 22,11,457 units in year-ago period

- 

NEW DELHI: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers.

According to SIAM data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period.

“Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back. This has been the main reason for exports coming back,” Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra said.