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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


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