New Delhi: In the first quarter of the year 2021, automobile exports have suddenly recorded a recovery amid the global pandemic.
All the vehicle segments, including passenger vehicles and two-wheelers, have witnessed growth in Q1 following an improvement in the pandemic situation in the overseas market.
As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21 which saw a downfall due to the COVID protocols all over the nation, hampering sales as well overseas shipments (exports).
In the April-June quarter, passenger vehicle exports from the country stood at 1,27,115 units as against 43,619 units in the same period of 2020-21.
Passenger car exports stood at 79,376 units, utility vehicle shipments at 47,151 units while van exports were at 588 units.
Maruti Suzuki India led the passenger vehicle segment with exports of 45,056 units followed by Hyundai Motor India which shipped 29,881 units during the period.
Kia Motors shipments stood at 12,448 units while Volkswagen India chipped in with 11,566 units during the quarter.
Two-wheeler exports rose to 11,37,102 units in the April-June period as against 3,37,983 units in the same period of FY20.
Similarly, commercial exports during the first quarter stood at 16,006 units as compared with 3,870 units in the April-June period of 2020-21.
Tata Motors led the segment with a shipment of 6,653 units followed by Mahindra & Mahindra with 3,931 units. Three-wheeler exports rose to 1,37,582 units in the period under review as against 50,631 units in the first quarter of 2020-21.
Domestic wholesales across all categories in the first quarter stood at 31,80,039 units as compared with 14,92,612 units in the April-June period of 2020-21.
Comparatively, total shipment in the domestic market stood at 60,84,478 units in the first quarter of the 2019-20 financial year.