COVID-19 hits passenger vehicle exports; shipments tumble 39% in FY21

Industry tried its best to catch up in the second half of the fiscal when things became relatively better but could not match up to the FY20 performance. According to the SIAM data, passenger vehicle (PV) exports declined by 38.92 per cent in 2020-21 to 4,04,400 units from 6,62,118 vehicles in 2019-20.

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