Car exports from India surge 28%, bikes zoom 45% ReceivedSPF: None receiver=nym.alias.net clientip=220.127.116.11
Sunday, 16 July , 2006, 12:09
New Delhi: Pbuttenger car exports from India jumped by 27.97 per cent in the first quarter of the fiscal 2006-07 on the back of impressive figures from Korean car major Hyundai Motors along with car market leader Maruti Udyog and Tata Motors.
Overall auto exports from the country also registered a healthy growth of 27.32 per cent at 2,47,847 units during the quarter, which also witnessed overseas shipments of motorcycles registering a whopping 45.30 per cent jump while that of scooters, fell by 42.89 per cent.
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According to figures released by the Society of Indian Automobile Manufacturers (SIAM), pbuttenger 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.
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Leading the export pack was Hyundai Motor India Ltd, which clocked a total of 30,842 units during the quarter as against 24,372 units in the same quarter a year ago, up 26.54 per cent.
Maruti Udyog also managed to improve its exports performance by 12.93 per cent at 7,544 units in the quarter as against 6,680 units in the corresponding period previous year. Tata Motors also increased its shipments to 4,865 units from 3,292.
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