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Indian automobile exports reached 23.6 billion dollar in first half of 2021.

Anik101

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Automobile exports reached 23.6 billion dollar in first half, highest in 7 years
By region, the performance of the export in the first half in North America (10.797 billion dollars, 39.7 per cent) was the highest, and the European Union (4.177 billion dollars, 56.3 per cent), and Eastern Europe (2.736 billion dollars, 80.2 per cent) were following.
  • ANI
  • July 17, 2021, 09:56 IST



Automobile exports reached 23.6 billion dollar in first half, highest in 7 years
New Delhi: Automobile exports in the first half of 2021 achieved the highest performance in seven years despite difficulties in procurement automobile components due to COVID-19 outbreak.

The Ministry of Trade, Industry and Energy (MOTIE) announced on the 15th that the automobile exports in the first half of this year increased by 49.9 per cent year-on-year to 23.61 billion dollars.

This is the highest exports performance since the first half of 2014 (25.23 billion dollars).


By region, the performance of the export in the first half in North America (10.797 billion dollars, 39.7 per cent) was the highest, and the European Union (4.177 billion dollars, 56.3 per cent), and Eastern Europe (2.736 billion dollars, 80.2 per cent) were following.

Also, the automobile exports increased in Middle East (1.69 billion dollars, 0.9 per cent), Latin America (1.03 billion dollars, 124.6 per cent), Africa (319 million dollars, 87.3 per cent), Oceania (1.468 billion dollars, 111.3 per cent) and Asia (1.413 billion dollars, 64.9 per cent).

The number of exported unit increased by 27.9 per cent to 1,049,658 units, and it marked the first double-digit increase rate since the first half of 2012.

Ministry of Trade, Industry and Energy said: "Korean domestic companies' efforts to increase product competitiveness even in the difficulties in shortage of automobile components led to the increase in global market share."

The sales of Hyundai Motor and Kia's cars in the US increased by 48.1 per cent in the first half of this year year-on-year, breaking the highest sales record of each company. During this period, Korean automobile company's share increased by 1.2 per cent to 9.7 per cent.


The exports of automobile parts increased 43.6 per cent year-on-year to 11.61 billion dollars.

An official of the MOTIE said, "As consumers' demands have been raised again due to economic recovery measures in major countries, the operation rate of local factories also recovered to normal levels."
 

N.Siddiqui

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Automobile exports reached 23.6 billion dollar in first half, highest in 7 years
By region, the performance of the export in the first half in North America (10.797 billion dollars, 39.7 per cent) was the highest, and the European Union (4.177 billion dollars, 56.3 per cent), and Eastern Europe (2.736 billion dollars, 80.2 per cent) were following.
  • ANI
  • July 17, 2021, 09:56 IST



Automobile exports reached 23.6 billion dollar in first half, highest in 7 years
New Delhi: Automobile exports in the first half of 2021 achieved the highest performance in seven years despite difficulties in procurement automobile components due to COVID-19 outbreak.

The Ministry of Trade, Industry and Energy (MOTIE) announced on the 15th that the automobile exports in the first half of this year increased by 49.9 per cent year-on-year to 23.61 billion dollars.

This is the highest exports performance since the first half of 2014 (25.23 billion dollars).


By region, the performance of the export in the first half in North America (10.797 billion dollars, 39.7 per cent) was the highest, and the European Union (4.177 billion dollars, 56.3 per cent), and Eastern Europe (2.736 billion dollars, 80.2 per cent) were following.

Also, the automobile exports increased in Middle East (1.69 billion dollars, 0.9 per cent), Latin America (1.03 billion dollars, 124.6 per cent), Africa (319 million dollars, 87.3 per cent), Oceania (1.468 billion dollars, 111.3 per cent) and Asia (1.413 billion dollars, 64.9 per cent).

The number of exported unit increased by 27.9 per cent to 1,049,658 units, and it marked the first double-digit increase rate since the first half of 2012.

Ministry of Trade, Industry and Energy said: "Korean domestic companies' efforts to increase product competitiveness even in the difficulties in shortage of automobile components led to the increase in global market share."

The sales of Hyundai Motor and Kia's cars in the US increased by 48.1 per cent in the first half of this year year-on-year, breaking the highest sales record of each company. During this period, Korean automobile company's share increased by 1.2 per cent to 9.7 per cent.


The exports of automobile parts increased 43.6 per cent year-on-year to 11.61 billion dollars.

An official of the MOTIE said, "As consumers' demands have been raised again due to economic recovery measures in major countries, the operation rate of local factories also recovered to normal levels."
How is this figure of 23.6 billion USD in six months is calculated, considering that all the foreign players like Hyundai, Kia, Toyota, Nissan and others who have plants in India and with OEMs also of foreign companies takes the inventory and the profit by exporting automobiles made by them using India as a cost arbitration venue....

Like it is made by Hyundai, and at the same time it is make in India, you know. In this age of globalization, 'made in' is replaced by 'made by'...
 
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RPK

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Lol fake news at its best. Who buys Indian crap? Indian automobiles 😂😂😂
y region, the performance of the export in the first half in North America (10.797 billion dollars, 39.7 per cent) was the highest, and the European Union (4.177 billion dollars, 56.3 per cent), and Eastern Europe (2.736 billion dollars, 80.2 per cent) were following.

Also, the automobile exports increased in Middle East (1.69 billion dollars, 0.9 per cent), Latin America (1.03 billion dollars, 124.6 per cent), Africa (319 million dollars, 87.3 per cent), Oceania (1.468 billion dollars, 111.3 per cent) and Asia (1.413 billion dollars, 64.9 per cent).
 

TOTUU

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Lol fake news at its best. Who buys Indian crap? Indian automobiles 😂😂😂
i had Google it ,not fake news .

Here are the figures for China, which are similar to India.

China's import and export data of automotive goods from January to June 2021


According to the data released by the General Administration of Customs (GAC) compiled by the China Association of Automobile Manufacturers (CAAM), from January to June, the export value of automotive goods was $50.78 billion, up 66.2% year-on-year. A total of 939,000 vehicles were exported, a year-on-year increase of 1.1 times; the export amount was 14.69 billion U.S. dollars, a year-on-year increase of 1.2 times. Auto parts and accessories exports amounted to 36.09 billion U.S. dollars, an increase of 51.6% year-on-year.


Translated with www.DeepL.com/Translator
 

FuturePAF

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Auto parts are a huge market. Where does Pakistan stand in terms of auto parts exports. Pakistan should make it conditional for companies that want to sell their cars in Pakistan. That a certain percentage needs to be made in Pakistan as well as the factory needs to export a certain percent in auto parts for that company to be allowed to sell cars in Pakistan.
 
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Auto parts are a huge market. Where does Pakistan stand in terms of auto parts exports. Pakistan should make it conditional for companies that want to sell their cars in Pakistan. That a certain percentage needs to be made in Pakistan as well as the factory needs to export a certain percent in auto parts of that company is allowed to be allowed to sell in Pakistan.
For that Pakistan would need companies that manufacture those parts. Indian MSMEs do and after PLI scheme it will increase more and more.
 

Bilal9

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Lol fake news at its best. Who buys Indian crap? Indian automobiles 😂😂😂
All 700 cc ugly Piece-o-$hit tinpots with no frame integrity in crashes. One side swipe by a truck and then car and driver are both much closer to Bhagwan....

But Rakhey Bhagwan, marega Kaun??

All of these score next to zero stars in European crash tests.

Some gems...

Maruti Suzuki Swift - 2 stars


Mahindra Scorpio - zero stars (note frame deformed like a tin can)


Renault Kwid - one star (total loss and damage ingress into passenger cabin, buckled floorpan)


Yeh hai mera Mahan Bharat-ka Kwality. Buy at risk of losing your own life....
 
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All 700 cc ugly Piece-o-$hit tinpots with no frame integrity in crashes. One side swipe by a truck and then car and driver are both much closer to Bhagwan....

But Rakhey Bhagwan, marega Kaun??

All of these score next to zero stars in European crash tests.

Some gems...

Maruti Suzuki Swift - 2 stars


Mahindra Scorpio - zero stars (note frame deformed like a tin can)


Renault Kwid - zero stars (total loss and damage ingress into passenger cabin, buckled floorpan)


Buy at risk of losing your own life....
Renault is not an Indian company
 

Anik101

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All 700 cc ugly Piece-o-$hit tinpots with no frame integrity in crashes. One side swipe by a truck and then car and driver are both much closer to Bhagwan....

But Rakhey Bhagwan, marega Kaun??

All of these score next to zero stars in European crash tests.

Some gems...

Maruti Suzuki Swift - 2 stars


Mahindra Scorpio - zero stars (note frame deformed like a tin can)


Renault Kwid - one star (total loss and damage ingress into passenger cabin, buckled floorpan)


Yeh hai mera Mahan Bharat-ka Kwality. Buy at risk of losing your own life....
Mahindra XUV300 – 5 stars (AOP score: 16.42)
Mahindra XUV300 Safety Features:
  • 7 Airbags
  • Electronic Stability Program (ESP)
  • Hill Start Assist
  • ABS with EBD
  • Corner Braking Control
  • ISOFIX Mounts
  • Front Parking Sensors
  • Heated ORVMs
  • All 4-Disc Brakes
  • Rear Parking Camera with Dynamic Assist


Tata Altroz – 5 stars (AOP score: 16.12)



Tata Nexon – 5 stars (AOP score: 16.06)



Mahindra Marazzo – 4 stars (AOP score: 12.85)



Volkswagen Polo – 4 stars (AOP score: 12.54)



Mahindra Thar – 4 stars (AOP score: 12.52)



Tata Tigor – 4 stars (AOP score: 12.52)



Maruti Suzuki Vitara Brezza – 4 stars (AOP score: 12.51)



Renault Triber – 4 stars (AOP score: 11.62)

 

Saudang

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All 700 cc ugly Piece-o-$hit tinpots with no frame integrity in crashes. One side swipe by a truck and then car and driver are both much closer to Bhagwan....

But Rakhey Bhagwan, marega Kaun??

All of these score next to zero stars in European crash tests.

Some gems...

Maruti Suzuki Swift - 2 stars


Mahindra Scorpio - zero stars (note frame deformed like a tin can)


Renault Kwid - one star (total loss and damage ingress into passenger cabin, buckled floorpan)


Yeh hai mera Mahan Bharat-ka Kwality. Buy at risk of losing your own life....
Off topic, but are you a Bangladeshi or Bangladeshi origin?
 

swnjo

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Majority of their exports are non-engineering goods.

Around 63 cars are sold in Bangladesh every day now – the highest in the country’s history
https://www.dhakatribune.com/business/2018/02/21/car-sales-triple-five-years

In 2019, car sales for Bangladesh was 3,000 units.
https://knoema.com/atlas/Bangladesh/topics/Transportation/Motor-Vehicle-Sales/Car-sales


Whereas, despite the raging pandemic and loss in income 2.8 million passenger vehicles were sold in India in 2020.
replying him for our poor car eu ncap performance will be equivalent to post pics of old underwear with holes (produce of BD):lol::lol:
Forget Cars they dont even have engineering ability to build septic tanks
 

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