Just this week, FCA India exports as of now amount to 600 units of the Jeep Compass to Japan and Australia. Exports to other countries will begin by 2017 end. We can expect FCA India exports to be in the list of top exporters in 2017.
Ford India exported 82,347 units in April to September 2017 period as against 73,821 units in the corresponding period of 2016.The company has overtaken Hyundai as leading passenger vehicle exporter for H1 FY 2018 registering an 11.55% growth. Hyundai Motors, on the other hand, reported de-growth of 19.4% with 70,525 units exported from April to September 2017 as compared to 87,499 units exported in the same period of the previous year.
Hyundai has confirmed these lower exports, but states that the company has reported increased domestic sales and is hence concentrating on completing these orders with special attention to the Government’s Make in India policy. Company plants in South Korea, Czechoslovakia, Russia, the US, Turkey and China have taken care of global demand.
Where exports are concerned, Maruti Suzuki India Limited reported marginal decline of 0.77% with 60,063 units exported as compared to 60,526 units exported in H1 FY2017. VW India exports surged 16.92% with 50,410 units shipped and GM India exports also increased by 47.72% with 34,222 units exported as against 30,647 units exported in H1 FY17. For General Motors, the Chevrolet Beat is its highest volume export car. In fact, model wise. Chevrolet Beat is the most exported car from India for H1 FY17. Nissan India exports also dipped substantially to 32,198 units as against 49,611 units in the H1 FY17 period as the company has stopped shipping the Micra for European countries from India, and shifted base.
For the period, Mahindra’s exports dipped by about a 900 units. Honda stays put at 10th place with about 2700 vehicles exported for the period. Renault’s exports dipped by about 300 units. Toyota Kirloskar Motor exported about 1300 cars more than it did in H1 FY16. As domestic sales in India continue to rise, the path to recognise India as an automobile export hub strengthens.
