M&HCV export volume from India FY 2018-2023

Published by
Shangliao Sun,
Sep 21, 2023
In fiscal year 2023, the export volume of medium and heavy commercial vehicles across India was just above 22 thousand units. From financial year 2020, the Indian automotive industry witnessed a drop in sales due to a liquidity crunch, and the slowdown of the economy.

Volume of medium and heavy commercial vehicles exported from India in financial year 2018 and 2023 (in 1,000s)

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Release date

August 2023

Region

India

Survey time period

FY 2018 and FY 2023

Special properties

including trucks and buses

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.

Values have been rounded for clarity.

Data from previous reports has also been used.

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