The country’s auto makers may have registered their worst ever domestic sales in November, but they can take heart from the fact that exports zoomed by a robust 61.88 per cent during the month. Total vehicles exported from India stood at 1,46,337 units in November against 90,398 units in the same month last year, according to the Society of Indian Automobile Manufacturers (SIAM).
This is in contrast with 17.98 per cent decline in domestic sales during November at 7,11,281 units against 8,67,243 units in the same month last year. The export growth was led by passenger vehicles, motorcycles, scooters and three-wheelers. The passenger car segment was up by over two-fold at 34,607 units compared with 15,464 units in the year-ago period.
The country’s second largest carmaker, Hyundai Motor India, saw its exports climbing by nearly three-fold to 28,500 units in November from 9,898 units in the corresponding month last year, SIAM said. Market leader Maruti Suzuki India reported 12.28 per cent jump at 4,920 units in November against 4,382 units in the same month last year. Mahindra Renault and Fiat India exported 610 units and 94 units respectively last month.
Two-wheeler exports witnessed a jump of 51.16 per cent last month at 89,245 units compared with 59,041 units in the year-ago period. Motorcycle sales in the overseas markets rose to 85,549 units from 56,739 units in the corresponding month 2007, a jump of 50.78 per cent, according to SIAM.
