Car Exports From India Declined 1.66% in 2014-15

New Delhi: Passenger car exports from India declined 1.66 per cent to 5,42,082 units in 2014-15 due to challenges in traditional overseas markets like Europe, Sri Lanka and Algeria. The decline was also mainly due to the country's largest car exporter Hyundai Motor India Ltd (HMIL) slipping over 18 per cent in its overseas shipments during the last fiscal. Car exports stood at 5,51,218 units in 2013-14, according to data from the So...