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Import and Export

India definitely is shining; with a GDP that is sparkling at over 8 per annum the country certainly is on the right course. The automobile exports are at an all time high as was indicated by Society of Indian automobile Manufacturers in a report released in 2006. According to the report, the passenger car segment saw a rise of 9% in January 2006.

The following table will provide a clear picture of the rapid rise of automobile Export in India.

Types of Vehicle	2002-03	2003-04	2004-05	2005-06
Passenger Vehicles	70250	125300	160650	170200
Utility Vehicles	1180	3050	4510	4490
Multipurpose Vehicles	570	915	1225	1100
Total	72000	129265	166385	175790