New Delhi [India], Aug 12 (ANI): Passenger vehicles sales totalled 2.64 lakh units in July as compared to 1.82 lakh units in the same month of 2020 and 1.9 lakh in the year before, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
The Society of Indian Automobile Manufacturers (SIAM) has sought clarification on the scope of the 2 per cent equalisation levy, intended to impose a tax on payments made to foreign beneficiaries for digital services provided.However, SIAM said .
Automobile exports recover in Q1 as pandemic situation improves globally
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Last Updated: Jul 18, 2021, 12:40 PM IST
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Synopsis
As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21 which saw massive disruptions due to the COVID lockdowns across the country, hampering sales as well overseas shipments.
AFP
Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth following an improvement in the pandemic situation across various international markets.
As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21 which saw massive disruptions due to the COVID lockdowns across the country, hampering sales as well overseas shipments.
Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth following an improvement in the pandemic situation across various international markets. As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21 which saw massive disruptions due to the COVID lockdowns across the country, hampering sales as well overseas shipments. SIAM Director General Rajesh Menon told PTI that while two-wheeler shipments were better than previous three years, passenger vehicles, three-wheelers and commercial vehicles export numbers were yet to catch up with numbers in the first quarter of 2018-19 fiscal.