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Small cars drive India's PV export growth amid fall in domestic sales
Maruti's top five models for exports in FY26 are Fronx, Jimny, Swift, Baleno and Dzire with the top five markets being Japan, West Asia, Africa, and Latin America
 "Auto Industry small Cars")
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Two of India’s largest passenger vehicle (PV) exporters — Maruti Suzuki India and Hyundai Motor India — saw 37 per cent and 12.45 per cent jump, respectively, in overall exports during this period. PVs include both cars and utility vehicles. | File Image
Even as passenger car sales are on a downhill trajectory in India, their exports are on the rise, as the appetite for affordable cars is growing in economies like Mexico and those in Africa — which are witnessing steady growth in disposable incomes but remain price-sensitive.
Data from the Society of Indian Automobile Manufacturers (Siam) showed that between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent, indicating a slowdown in demand in the home market.
Two of India’s largest passenger vehicle (PV) exporters — Maruti
Topics : Small Cars automotive industry Auto exports
