Passenger vehicle exports fall by over 57%: Report
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New Delhi, Oct. 18 -- Passenger vehicles exports have declined substantially. The exports from India have declined 57.52% in the April-September period. The Covid-19 outbreak has been attributed to the delays and disruptions.
According to the Society of Indian Automobile Manufacturers (SIAM), exports of PVs in the first half of 2020-21 stood at 1,55,156 units as compared with 3,65,247 units in the year-ago period.
Passenger car exports during the period under review stood at 1,00,529 units, down 64.93% from 2,86,618 units in April-September, 2019-20, according to a PTI report.
Utility vehicles shipments also saw a drop of 29.67% at 54,375 units from 77,309 units in the same period of 2019-20. Shipments of vans also experienced a a drop...
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