Automobile Exports from India Decline 5.5% in FY24

Automobile Exports

Automobile exports from India declined by 5.5% in FY24, totaling 45,00,492 units, compared to 47,61,299 units in FY23, according to data shared by industry body SIAM. The drop has been attributed to the monetary crisis in various overseas markets. SIAM President Vinod Aggarwal commented on the decline in exports, citing volatility in overseas markets as … Read more