14
Apr
14:44
India’s annual automotive production, sales increases
Indian automotive output grew by 13% on-year to 25,931,867 units in the fiscal year ended 31 March 2023 (FY23), reports the Society of Indian Automobile Manufacturers (SIAM). Output includes passenger vehicles (PV), commercial vehicles, three-wheelers, two-wheelers and quadricycles.
Passenger vehicle sales increased 27% on-year to 3,890,114 units in FY23, Kallanish notes. Commercial vehicles, three-wheeler and two-wheeler sales clocked at 962,468 units, 488,768 un…
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