India’s total automobile export saw an increase of 35.9% in 2022, revealed Anupriya Patel, Minister of State in the Ministry of Commerce and Industry while replying to a Parliament Question on Friday.
Patel stated that India exported 5.6 million vehicles in 2021-22, compared to 4.1 million in 2020-21. Out of this, the export of passenger vehicles, including cars, increased 42.9 percent to 5,77,875 units in 2021-22, compared to 4,04,397 units in 2020-21.
| Category | 2020-21 | 2021-22 | Percentage change |
| Passenger Vehicles | 4,04,397 | 5,77,875 | 42.90% |
| Commercial Vehicles | 50,334 | 92,297 | 83.40% |
| Three Wheelers | 3,93,001 | 4,99,730 | 27.20% |
| Two Wheelers | 32,82,786 | 44,43,018 | 35.30% |
| Quadricycle | 3,529 | 4,326 | 22.60% |
| Total | 41,34,047 | 56,17,246 | 35.90% |
| Source: SIAM |
The minister further added that export of commercial vehicles increased from 50,334 in 2020-21 to 92, 297 in 2021-22, registering a positive growth of 83.36 percent. Interestingly, around 10 percent of the total vehicles exported were from Haryana during 2021-22.
Here’s the list of measures taken by the government to promote India’s export:
(Edited by : Pradeep John)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
