Passenger vehicle exports increased by 2.68 lakh units in the last four years, know which company exported the most

The demand for cars is increasing rapidly all over the world. Car sales in India also remain very good every month. Along with this, cars made in India are also exported to many countries of the world. How has the export of Made in India cars been in the last four years? Which company has had what share? We are telling you in this news.

Every month a large number of passenger vehicles are exported from India to many countries of the world. According to the information, in the last four years, the export of passenger vehicles from India has increased by 2.68 lakh units. According to the data, passenger vehicle exports stood at 4,04,397 units in the 2020-21 financial year. This increased to 5,77,875 units in the 2021-22 financial year and 6,62,703 units in the 2022-23 financial year. Exports stood at 6,72,105 units in the previous financial year, up 2,67,708 units from 2020-21. According to SIAM data, total PV exports stood at 6,72,105 units in FY24, up 1.4 percent from 6,62,703 units in FY23.

Over the last three fiscal years, Maruti Suzuki has contributed 70% of the industry-wide increase of 2,67,708 units shipped to overseas markets. The automaker's export shipments increased by 1,85,774 units between FY21 and FY24.