Change rate of automobile production India FY 2013-2021

Published by
Shangliao Sun,
Dec 13, 2023
The change rate in domestic automobile production across India was about negative 14.1 percent in fiscal year 2021. Passenger vehicle production in India saw a decline since in the second half of 2019, with leading manufacturers having to reduce output in order to prevent inventory overloads due to the change of emission standards and general economic slowdown. The coronavirus pandemic worsened the situation.

Change rate of domestic automobile production across India from financial year 2013 to 2021

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Release date

December 2021

Region

India

Survey time period

FY 2013 to FY 2021

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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