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India's automobile exports witnessed a massive 26% year-on-year (YoY) jump in the September quarter, according to data from the Society of Indian Automobile Manufacturers (SIAM). The surge was mainly driven by record shipments of passenger vehicles, two-wheelers, and three-wheelers. Passenger vehicle exports alone grew by an impressive 23% during this period compared to the same time last fiscal.

Export growth

Passenger vehicle exports saw impressive growth

Passenger car exports surged by 20.5% to 1,25,513 units in the second quarter, compared to 1,04,196 units during the same period last fiscal. Utility vehicle shipments also saw a robust annual growth of 26%, reaching 1,13,374 units between July and September this year. Van exports recorded a whopping 39% increase Yo

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