Indian automotive industry is now finding increasing recognition worldwide. While a beginning has been made in export of vehicles, the potential in this area still remains to be fully tapped. Significantly, during the last two years the export in this sector has grown specifically in export of cars and two / three wheelers. The table 04 indicates the performance during last six years.
The automobile exports crossed USD 1 billion mark in 2003-04 and reached USD 2.28 billion in 2005-06.
