New Delhi, March 19 -- India's exports of motorcycle parts have seen a remarkable rise over the past three years, driven by government incentives and strengthened domestic manufacturing.
Official data from the commerce ministry highlights a sharp increase in exports, positioning India as a key supplier to international markets.
According to ministry data, exports of motorcycle parts and accessories grew from USD 558.05 million in April-January of FY22 to USD 709.22 million in the same period of FY25, marking a 27.09 per cent increase.
In FY24 alone, exports stood at USD 741.46 million, reflecting a 13.5 per cent growth from USD 653.30 million in FY23. While exports had briefly dipped in FY23, the strong recovery in FY24 underscores ris...
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