India’s passenger vehicles exports rose 43% in 2021-22, led by Maruti

Passenger vehicle exports from India increased 43 per cent in 2021-22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, according to the latest data by industry body Society of Indian Automobile Manufacturers (SIAM).

The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21.

Passenger car shipments saw 42 per cent growth at 3,74,986 units, while utility vehicle exports rose 46 per cent at 2,01,036 units during the last fiscal, the SIAM data indicated.

Exports of vans increased to 1,853 units in 2021-22 fiscal, from 1,648 units in the 2020-21 fiscal year.

Maruti Suzuki India led the vertical last fiscal, followed by Hyundai Motor India and Kia India at second and third positions, respectively.