Tag: India: Automobile production increases 22% m-o-m in Jan’23; sales up 16%

India: Automobile production increases 22% m-o-m in Jan’23, sales up 16%

Feb 18, 2023

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by

Kalpesh Padhiar

in CRC

India’s automobile production was recorded at 1.9 million units (MU) in January 2023, according to provisional data from the Society of Indian Automobile Manufacturers (SIAM) maintained by SteelMint. Production rose by 22% m-o-m compared to 1.56 MU recorded in December 2022. Meanwhile, automobile sales grew 16% m-o-m to 1.61 MU in January compared to 1.39…