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Exports of passenger vehicle drop 1.51%; two-wheelers up 20% in FY18


The Dollar Business Bureau With focus of the industry shifting towards domestic market and lasting impact of GST refunds on exporters, the passenger vehicle exports from India dropped by 1.51% in 2017-18, witnessing a dip for the first time in the past seven years. In 2017-18 fiscal, 7.47 lakh units of passenger vehicles were exported as against 7.58 lakh units in the previous fiscal, as per the Society of Indian Automobile Manufacturers (SIAM). “This is the first decline in exports of passenger vehicles since 2010-11 when it declined...


This post first appeared on TheDollarBusiness | Foreign Trade Magazine On Expo, please read the originial post: here

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Exports of passenger vehicle drop 1.51%; two-wheelers up 20% in FY18

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