Automobile exports from India rise 14% in April-September period

Automobile exports from India surged 14% in April-September thanks to renewed demand in Latin America and Africa. Passenger vehicle exports climbed 12%, led by Maruti Suzuki, while two-wheeler exports jumped 16%. Yet, three-wheeler shipments experienced a slight decline. The industry's recovery follows challenges from currency devaluation and essential import prioritization last fiscal year.

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