According to the Society of Indian Automobile Manufacturers (SIAM), passenger car exports from India in the April-June period this fiscal stood at 49,132 units as against 38,393 units in the corresponding fiscal previous year. Overall auto exports registered a 27.32 per cent jump at 2,47,847 units during the quarter, plus a whopping 45.30 per cent jump of motorcycles exports. However, the overall scooters export fell by 42.89 per cent.
Huge sales of vehicles by Korean car major Hyundai Motors, Maruti Udyog and Tata Motors escalated Passenger car exports from India jumped by 27.97 per cent in the first quarter of the fiscal 2006-07. Among them, Hyundai Motor India Ltd saw the best sale record.
This figure has a remarkable influence on the future of Indian auto industry. It hints directly at the growing improvement of the Indian auto industry.
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