GEARING UP

AFTER NEARLY THREE YEARS OF PAIN INFLICTED BY NEW EMISSION NORMS, COVID-19-INDUCED DISRUPTIONS AND A GLOBAL CHIP SHORTAGE, INDIA’S AUTOMOTIVE INDUSTRY IS SLOWLY PICKING UP PACE. A LOOK AT THE KEY NUMBERS

GEARING UP

SUMMARY

3.8 MILLION UNITS: Number of domestic passenger vehicles sold in 2022—the highest ever; the figure was 3.1 million in 2021
933,116 UNITS: Number of commercial vehicles sold in 2022, nearly 38 per cent higher than 2021
15.61 MILLION UNITS: Number of two-wheelers sold in 2022, up 7.43 per cent year-on-year (YoY); three-wheeler sales also grew 58 per cent YoY
18 PER CENT: Rise in the exports of total passenger and commercial vehicles in 2022 at 733,220 units, from 622,206 units in 2021

AFTER NEARLY THREE YEARS OF PAIN INFLICTED BY NEW EMISSION NORMS, COVID-19-INDUCED
DISRUPTIONS AND A GLOBAL CHIP SHORTAGE, INDIA’S AUTOMOTIVE INDUSTRY IS SLOWLY PICKING UP
PACE. A LOOK AT THE KEY NUMBERS

Published on: Feb 05, 2023, 5:32 PM IST

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GEARING UP

AFTER NEARLY THREE YEARS OF PAIN INFLICTED BY NEW EMISSION NORMS, COVID-19-INDUCED DISRUPTIONS AND A GLOBAL CHIP SHORTAGE, INDIA’S AUTOMOTIVE INDUSTRY IS SLOWLY PICKING UP PACE. A LOOK AT THE KEY NUMBERS

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