India's PV exports fall 75% in Q1 as Covid-19 puts brakes on demand

Overseas shipments of utility vehicles declined 67.56 per cent to 11,813 units in the period under review as compared with 36,418 units a year ago

Passenger vehicle exports from India fell 75 per cent in the first quarter of the current fiscal as demand plunged due to coronavirus pandemic related disruptions across the globe.

Total passenger vehicle (PV) exports declined to 43,748 units in April-June quarter as compared with 1,73,054 units in the year ago period, according to Society of Indian Automobile Manufacturers' (SIAM) data.

Passenger car exports dipped 76.58 per cent to 31,896 units as against 1,36,204 units in April-June period of 2019-20.

Similarly, overseas shipments of utility vehicles declined 67.56 per cent to 11,813 units in the period under review as compared with