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India's vehicle exports rose 18% in April–Sept 2024, led by strong demand in the Middle East and Latin America.
India's passenger vehicle exports rose 18% year-on-year from April to September 2024, reaching 445,884 units, driven by strong demand in the Middle East and Latin America, according to SIAM.
Maruti Suzuki led with 205,763 units, a 40% increase, followed by Hyundai, Nissan, and other major automakers.
Passenger car exports grew 12%, utility vehicles rose 26%, and van exports jumped 36.5%.
Despite a decline in U.S. shipments due to tariffs, exports increased in 24 countries, reflecting India’s expanding global market diversification.
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Las exportaciones de vehículos de la India aumentaron un 18% entre abril y septiembre de 2024, impulsadas por la fuerte demanda en Medio Oriente y América Latina.