February 3, 2023
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Export growth of automobiles boosts passenger and commercial vehicle shipments; government extends trade support schemes and digital facilitation.
Automobile exports increased by 35.9%, driven by substantial rises in passenger and commercial vehicle shipments; category wise gains are reported for passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycles, with Haryana identified as a notable exporting region. The Government has extended and implemented trade support measures-including the Interest Equalization Scheme, RoSCTL and RoDTEP, trade infrastructure and market access schemes, a Common Digital Platform for Certificate of Origin, district export hubs, and active diplomatic mission support-to promote and facilitate exports.