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India s automobile exports drop 18.87% in 2020: SIAM
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Passenger cars exports dropped by 47.89% at 2,76,808 units last year as against 5,31,226 units exported in 2019
(Photo: Mint)
. Updated: 14 Jan 2021, 05:06 PM IST PTI
Overseas shipments of vehicles in the Jan-Dec period last year stood at 38,65,138 units as against 47,63,960 units in the same period in 2019, SIAM said.
One of the main reasons for the drop in automobile exports was the dip in shipments of PVs, which were down 39.38% last year at 4,28,098 units as compared to 7,06,159 units in 2019
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NEW DELHI :
Automobile exports from India declined 18.87% in 2020, a year marked by coronavirus pandemic induced disruptions across the globe, according to the latest figures by Society of Indian Automobile Manufacturers (SIAM).