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Indian Car Exports: According to industry estimates, Indian carmakers are set to ship more than 675,000 vehicles in the fiscal year that ends March 31, recovering from a low of 404,000 reported in the aftermath of the pandemic in FY21. Around 663,000 cars were exported from the country in the last financial year. Vehicle exports were dominated by Maruti Suzuki and Hyundai, which together accounted for two-thirds of all cars shipped out of the country.
According to industry estimates, Indian carmakers are set to ship more than 675,000 vehicles in the fiscal year that ends March 31, recovering from a low of 404,000 reported in the aftermath of the pandemic in FY21. Around 663,000 cars were exported from the country in the last financial year. Vehicle exports were dominated by Maruti Suzuki and Hyundai, which together accounted for two-thirds of all cars shipped out of the country.
After two years of large gains, Minnesota's exports declined last year largely because of falling prices and less demand for energy. State exports dropped 8% in 2023 to $25 billion, according to a report from the Minnesota Department of Employment and Economic Development (DEED). U.S. exports also fell last year by 2%. The state agency traced most of the downward trajectory to a 65% decrease .