Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Car exports from India struggle to rise in July.

Date: 03-08-2016
Subject: Car exports from India struggle to rise in July
In July automobile companies posted a large rise in sales. This comes after a 5% fall in sales last month.

The country's largest carmaker Maruti Suzuki reported a 12.7% increase in its total sales for last month.

The company sold 1,37,116 units during the month under review -- up from 1,21,712 units sold in the same month last year.

The second largest car maker Hyundai Motor reported an overall sales growth of 10.7%, with total sales for the last month at 55,807 units, as against 50,411 units sold in the corresponding month of 2015.

Tata Motors' passenger and commercial vehicle sales including exports edged higher by 7% to 43,160 vehicles. While Mahindra and Mahindra's (M&M) total sales rose by 14%.

Ford India's total sales grew to 17,742 units in July 2016, up from 13,116 units sold in the like month in the previous fiscal.

Eicher Motors logged 31% sales growth, selling 53,378 units in July 2015 from 40,760 units sold in the corresponding month last year.

This comes as good news with festive season just a few months away.

While domestic sales have been positive for most of the automobile companies in India, exports continue to be very poor.

Maruti Suzuki's exports just saw a marginal increase of 0.3% in July with exports amounting to 11,338 units. In fact overall exports during FY2016-17 (April – July 2016) were down by a major 20.2%.

While Hyundai posted a robust 12.9% growth in domestic sales in July, the growth in exports were however lower at just 5%. It sold 14,606 units in July 2016 from 13,908 units in the same month last year.

Tata Motors' sales from exports showed a growth of 6% with 5,371 units in July 2016 as compared to 5,078 vehicles sold in July 2015. The cumulative sales from exports for the fiscal was at 19,187 units, higher by just 3% sold last year.

Ford India's exports however were the only one to post a growth of 21.8% to 10,666 vehicles compared to 8,754 units in July 2015.

Honda Cars India exports too have dropped 212 units in June 2016 from 614 units in the same month last year.

Source : zeebiz.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 21-10-2020
Notification No. 38/2020-Customs
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors.

Date: 21-10-2020
Notification No. 07/2020 – Central Excise
Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors

Date: 20-10-2020
Notification No. 37/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

Date: 15-10-2020
Notification No. 99/2020 - Customs (N.T.)
Exchange rate Notification No.99/2020-Cus (NT) dated 15.10.2020- regd.

Date: 13-10-2020
Trade Notice No. 30/2020-2021-DGFT
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Date: 09-10-2020
Notification No. 39/2015-2020
Amendment in Export Policy of Onions

Date: 08-10-2020
Circular No. 44/2020-Customs
Procedure for inspection of ICDs/CFSs/AFSs -reg

Date: 08-10-2020
Notification No. 49/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 07-10-2020
Public Notice No.24 /2015-20
Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper

Date: 06-10-2020
Instruction No. 18/2020-Customs
Directorate General of Audit as a Nodal Directorate for Customs Post Clearance Audit –regarding

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001