The Indian passenger vehicle segment achieved its highest-ever sales in November 2023, reaching 3.34 lakh units. This figure reflects a 3.7 per cent year-on-year growth compared to November 2022 when sales were at 3.22 lakh units. The data, released by the Society of Indian Automobile Manufacturers (SIAM), indicates a positive trend in the automotive industry. […]
The Society of Indian Automobile Manufacturers (SIAM) reported a surge in the Indian automotive industry’s performance in October 2023. The monthly data reveals figures across the various segments. Passenger vehicles sold 3,89,714 units, representing a 15.9 per cent increase over 3,36,330 units sold in October previous year. Three Wheeler segment witnessed a 42.1 per cent […]
The Society of Indian Automobile Manufacturers (SIAM) has revealed that August 2023 witnessed achievements in the Indian automotive industry, with the highest-ever year-on-year monthly sales for Passenger Vehicles and Three-wheelers. The announcement was made by SIAM during the release of the monthly sales data for August 2023. Highest-ever passenger vehicle sales reported. This growth reflects the resilience […]
The domestic wholesales of passenger vehicles rose 26.7 per cent to over 38.9 lakh units in 2022-23, according to SIAM report. It was 30,69,523 units for 2021-22. Domestic sales of passenger vehicles (PVs) grew 4.47 per cent to 2,92,030 units in March 2023, against 2,79,525 units in the previous year’s March, according to the report. […]
Foreign Trade policy (FTP) 2023 is focused more on export growth, and the country will achieve USD 900 billion in exports in the next financial year, Dr A Sakthivel, the President of Federation of India Export Organisation (FIEO) said. Talking to ANI, the FIEO President said., “I am very confident that next year we will […]
