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According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales in April 2023 reached 3,31,278 units, marking the highest ever sales for the month of April
The wholesale passenger vehicle volumes rose to 298,093 units – a record-high for January – from 254,287 units a year ago, said the SIAM data.
Overall domestic sales stood at 20.93 lakh units in September 2022 versus 17.27 lakh in the same period last year.
However, passenger vehicle sales are still below the 2018 level, SIAM noted.
Passenger vehicle exports from India increased 43 per cent in 2021-22, with Maruti Suzuki leading the segment with dispatches of over 2.3 lakh units