14
Sep
07:16
Indian automotive production drops on semiconductor shortage
Indian automotive output rose 9% on-year to 1,984,676 units in August, reports the Society of Indian Automobile Manufacturers (SIAM). The output includes passenger vehicles (PV), commercial vehicles, three-wheelers, two-wheelers, and quadricycles.
Production increased 37% on-year to 8,530,295 units during April-August 2021, Kallanish notes.
Many countries, including India, are witnessing a drop in production owing to the global semiconductor shortage.
India Rati…
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