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  • India: Automobile exports decline by 19% y-o-y in CY’20

    India: Automobile exports decline by 19% y-o-y in CY’20

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    by

    Nikita
    in

    Overseas shipments vehicles in CY’20 stood at 38,65,138 units, down by 19% against 47,63,960 units in CY’19, according to the Society of Indian Automobile Manufactures (SIAM). The drop in automobile exports was mainly due to the dip in overseas shipments of passenger vehicles (PVs), which fell by 39% last year at 4,28,098 units compared to…