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More made-in-India cars hit the roads abroad in 2023, Auto News, ET Auto

Made-in-India Cars: "With increasingly stringent regulations focusing on safety, emissions, and technological advancements, car manufacturers are investing in research, development, and innovation," said Piyush Arora, managing director and CEO of Škoda Auto Volkswagen India. VW exported 40,920 passenger vehicles in 2023, registering a growth of 29%, while Skoda s exports soared 431% to 1,530 units.

Made-in-India cars: More made-in-India cars hit the roads abroad in 2023

"With increasingly stringent regulations focusing on safety, emissions, and technological advancements, car manufacturers are investing in research, development, and innovation," said Piyush Arora, managing director and CEO of Škoda Auto Volkswagen India. VW exported 40,920 passenger vehicles in 2023, registering a growth of 29%, while Skoda s exports soared 431% to 1,530 units.

India to act as hub of Toyota s new regional hub

As part of this development, Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor (TKM) the company s joint venture in India with the Kirloskar group will concurrently be the Regional CEO, Toyota Motor Corporation (TMC) said in a statement.

India to act as Toyota s new regional hub

"Currently, as a part of the Asia Region, the Indian market already enjoys high priority. With this change, India will now play an even more crucial role by being integrated into the Middle East, East Asia & Oceania Region and acting as the hub of the new India, Middle East, East Asia & Oceania Region starting January 1, 2024," a company statement said.

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