Overall industry grows in Double Digit
The industry produced a total 21,415,719 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-December 2017 as against 19,247,352 in April-December 2016, registering a growth of 11.27 per cent over the same period last year, according to data released by SIAM recently.
The overall Commercial Vehicles segment grew by 15.19 per cent in April-December 2017 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) increased by 9.27 per cent and Light Commercial Vehicles grew by 19.29 per cent in April-December 2017 over the same period last year.

In April-December 2017, overall automobile exports increased by 13.01 per cent. Exports of Commercial Vehicles, though, declined by (-) 18.10 per cent during the period April-December 2017 over the same period last year.

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