Auto exports rise 19% on demand revival in emerging markets: Siam

New Delhi: Automobile exports from India rose 19% year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to Siam data. Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023. “Last year saw revival in demand for the Indian automobiles from emerging markets like Latin America and Africa,” Siam director general Rajesh Menon said.