The automotive export engine of India accelerated sharply in fiscal year 2015, and total vehicle exports increased 19 percent to cross the 5 million brand, reaching 5.4 million units after two years of moderation. However, exports are still below the fiscal year 22 or 5.6 million units.
According to the data of the Society of Automobile Manufacturers of India (SIAM), all vehicle categories, except passenger cars and the growth of three -wheeled carriers in the fiscal year 2015. Notable public vehicles (SUV, MPV, MUV), trucks, passenger transporters, scooters and motorcycles recorded an increase in exports.
Although motorcycles exports grew by 21 percent in fiscal year 2015, total shipments, in around 4.2 million units, remained below the fiscal year of the fiscal year22. The general increase in exports of the 2015 fiscal year was promoted by higher shipments of scooters and utilitarian vehicles. Exports of utilitarian vehicles (UV) grew considerably to 0.36 million units, compared to 0.2 million in fiscal year 2012. Scooter exports also saw a strong increase, increasing to 0.6 million units of 0.35 million in fiscal year 2012.
Maruti Suzuki
Maruti Suzuki, the main passenger car manufacturer in India, had a remarkable impact, increasing its exports to 3.3 Lakh units in fiscal year 2015, a jump of 17.5 percent since fiscal year 200 The company’s strategic approach in emerging markets fed this growth, with South Africa, Saudi Arabia, Chile, Japan and Mexico emerging as its five main export destinations.
Honda registered impressive profits, with its automobile exports tripling 19,323 units in fiscal year 22 to 60,229 units in fiscal year 2015. Nissan also increased the shipments of its Chennai construction cars to a range or markets abroad, while Volkswagen recovered the export impulse after a dip in the fiscal year in fiscal year 23.
In the Scooter segment, Honda Motorcycle & Scooter India remained the dominant player, representing 55 percent of the total scooters exports. The company almost doubled its export volume duration of the review period, reinforcing the role of its Indian operations to serve key global markets.
Bajaj Auto continued leading the export motorcycle exports of India, having a 46 percent participation in fiscal year 2015. However, its volumes fell 2.2 million units in the fiscal year 22 to 1.7 million in the fiscal year 2015, despite recovering from 1.5 million in the fiscal year 2014. The key markets for two -wheeled vehicles made in India include countries of the India. Africa and Latin America.
Duration of its Q3Fy25 gains call, Bajaj Auto expressed caution optimism, highlighting the volatility of potential currency in southern Asia and Africa. Nuncaberness, the company expects exports to grow more than 20 percent year -on -year in the future. Latin America has become the most promising market for motorcycles: almost double Africa in volume and more of the triple value, according to the Bajaj car. Brazil stood out with record retail sales, which led the company to approve a capacity expansion in its local facilities, which now works at full capacity.
Posted on April 17, 2025