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PVs export grow by 7.79 per cent, 2Ws by 22 per cent in CY24: Data

The Statesman

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December 23, 2024

The exports of passenger vehicles (PV) during the first 11 months of calendar 2024 have grown by 7.79 per cent, while two-wheeler shipments to overseas countries have grown by almost 22 per cent, data from Society of Indian Automobile Manufacturers (SIAM) said.

- STATESMAN NEWS SERVICE

PVs export grow by 7.79 per cent, 2Ws by 22 per cent in CY24: Data

Currently, India exports around 14.6 per cent of the PVs produced here and 16.34 per cent of two-wheelers manufactured between January and November.

India targets to export 50 per cent of its automobile production, and the industry-watchers feel that over the next four to six years, India's auto exports would continue to grow in double digits.

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