13
Aug
14:56
Indian automotive output soars amid global semiconductor shortage
Indian automotive output soared 22% on-year to 2,099,035 units in July against 1,715,514 units produced a year earlier, reports the Society of Indian Automobile Manufacturers (SIAM). The output includes passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles.
Production increased 106% on-year to 6,545,619 units during April-July 2021 against 3,173,169 units last year, Kallanish notes.
“The wholesale dispatches of passenger ve…
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