Led by Maruti Suzuki, Hyundai, Ford and Ashok Leyland, India’s automobile exports during the April-February period of the current financial year grew by 16 per cent, generating a revenue of Rs 1.62 lakh crore.
As per government data, auto exports during the 11- month period in 2009-10 stood at 16.45 lakh units against 14.16 lakh units a year-ago. In value terms, exports increased to Rs 1.62 lakh crore from Rs 1.28 lakh crore a year ago.
Among the different segments, goods carriers registered maximum growth (47 per cent) in exports for the period under review, followed by multi-purpose vehicles, three-wheelers and two-wheelers. In passenger car exports, Maruti Suzuki clocked a growth rate of 128.7 per cent.