Date : Apr-11-2009 13:33
Despite of the global economic crisis, the Indian carmakers have been expanding their presence overseas with exports from the country registering a growth of 57.04 per cent in the last fiscal. According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), the exports of passenger car from India touched 3,31,539 units in FY09 as compared to 2,11,112 units in the previous financial year.
Hyundai Motor India reported an export growth of 63 per cent at 2,35,345 units as against 1,44,440 units last year period. In line with this, Maruti Suzuki India, registering a growth of 32.58 per cent in overseas sales at 68,834 units in 2008-09 as compared to 51,916 units in the last fiscal. The exports of overall vehicle from India grew by 23.60 per cent at 15,30,660 units in the previous financial year, while the same stood at 12,38,333 units in the previous fiscal, SIAM said. The growth in exports last year was robust also in the two-wheeler category that registered a growth of 22.50 per cent to 10,04,174 units as compared to 8,19,713 units in the previous financial year. The surge in two-wheeler exports was led by Honda Motorcycle & Scooter India (HMSI) followed by TVS Motor Company and Bajaj Auto Ltd (BAL), with the sale of their motorcycles. While HMSI''s exports increased by 68.83 per cent at 41,769 units, TVS and BAL witnessed a growth of 55.07 per cent and 31.09 per cent to 1,77,993 units and 6,31,383 units respectively in their overseas sales, SIAM said.
However, Hero Honda reported its bike exports fell by 11.38 per cent at 78,176 units against 88,219 units in the previous fiscal. Meanwhile the exports of scooter and three-wheeler exports jumped by 1.51 per cent and 4.84 per cent at 25,865 units and 1,48,074 units respectively in the last fiscal over the previous fiscal, SIAM said.
Despite of the global economic crisis, the Indian carmakers have been expanding their presence overseas with exports from the country registering a growth of 57.04 per cent in the last fiscal. According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), the exports of passenger car from India touched 3,31,539 units in FY09 as compared to 2,11,112 units in the previous financial year.
Hyundai Motor India reported an export growth of 63 per cent at 2,35,345 units as against 1,44,440 units last year period. In line with this, Maruti Suzuki India, registering a growth of 32.58 per cent in overseas sales at 68,834 units in 2008-09 as compared to 51,916 units in the last fiscal. The exports of overall vehicle from India grew by 23.60 per cent at 15,30,660 units in the previous financial year, while the same stood at 12,38,333 units in the previous fiscal, SIAM said. The growth in exports last year was robust also in the two-wheeler category that registered a growth of 22.50 per cent to 10,04,174 units as compared to 8,19,713 units in the previous financial year. The surge in two-wheeler exports was led by Honda Motorcycle & Scooter India (HMSI) followed by TVS Motor Company and Bajaj Auto Ltd (BAL), with the sale of their motorcycles. While HMSI''s exports increased by 68.83 per cent at 41,769 units, TVS and BAL witnessed a growth of 55.07 per cent and 31.09 per cent to 1,77,993 units and 6,31,383 units respectively in their overseas sales, SIAM said.
However, Hero Honda reported its bike exports fell by 11.38 per cent at 78,176 units against 88,219 units in the previous fiscal. Meanwhile the exports of scooter and three-wheeler exports jumped by 1.51 per cent and 4.84 per cent at 25,865 units and 1,48,074 units respectively in the last fiscal over the previous fiscal, SIAM said.
No comments:
Post a Comment