Daijiworld Media Network- New Delhi
New Delhi, Apr 2: India’s automobile industry has achieved a significant milestone, with car exports reaching an all-time high, driven primarily by leading manufacturers Maruti Suzuki and Hyundai.
According to industry reports, the surge in exports is attributed to increased demand for compact cars and SUVs across global markets. Maruti Suzuki, India’s largest carmaker, and Hyundai, the country's second-largest, have been at the forefront of this growth, capitalizing on their robust production capacities and strong overseas networks.
Maruti Suzuki’s popular models like Baleno, Swift, and Dzire, along with Hyundai’s Creta and Venue, have consistently dominated export charts. Both companies have made strategic efforts to expand their presence in markets across Latin America, the Middle East, and Africa.
Industry experts believe that favourable trade policies, improved logistics, and a steady recovery in global demand have contributed to this record-breaking export performance. The government’s initiatives to promote exports and reduce bureaucratic hurdles have further accelerated the growth.
The manufacturers continue to focus on enhancing product quality, improving technology, and expanding their market reach to maintain this upward trajectory. As India solidifies its position as a key automotive exporter, the industry aims to achieve even higher export figures in the coming years.