Number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22

Export of total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22, registering a positive growth of 35.9%. Out of this, export of Passenger vehicles including cars increased from 4,04,397 in 2020-21 to 5,77,875 in 2021-22, registering a positive growth of 42.9%, Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today.

India’s export of automobiles including cars during the last three years and current year are given below:

(Number of Vehicle) Category	2019-20	2020-21	2021-22
Passenger Cars	4,75,801	2,64,907	3,74,986
Utility Vehicles	1,83,468	1,37,842	2,01,036
Vans	2,849	1,648	1,853
Total Passenger Vehicles	6,62,118	4,04,397	5,77,875
M&HCVs	22,333	17,548	32,181
LCVs	38,046	32,786	60,116
Total Commercial Vehicles	60,379	50,334	92,297
Three Wheelers	5,01,651	3,93,001	4,99,730
Scooters	3,69,998	2,32,020	3,50,330
Motorcycles	31,35,548	30,42,453	40,82,442
Mopeds	13,859	8,313	10,246
Total Two Wheelers	35,19,405	32,82,786	44,43,018
Quadricycle	5,185	3,529	4,326
Grand Total	47,48,738	41,34,047	56,17,246

 

(Source SIAM)

Government of India has been taking various proactive measures to boost export of automobiles, which include:

(i) Foreign Trade Policy (2015-20) has been extended upto 31-03-2023 in view of the Covid-19 pandemic situation.

(ii) Various schemes like Advance Authorisation, Export Promotion Capital Goods Scheme, Remission of Duties and Taxes on Export Products (RoDTEP) etc have been provided.

(iii) Active role of Indian Missions abroad towards promoting India’s exports have been enhanced and access to NIRYAT portal for export monitoring has been provided.

(iv) RBI has decided to set up additional arrangement for invoicing, payment, and trade settlement in Indian Rupees.

(v) Government of India has recently signed Free Trade Agreements (FTAs) including trade agreements with UAE and Australia to get favourable market access for the automobile industry among others.

(vi) Government of India has approved Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry with budgetary outlay of Rs 25,938 crore over the period of five years.

(vii) Government has notified various regulations from time to time to harmonize Indian motor vehicle standards with global standards.

This information has been provided by Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today.