Automobile exports Plummet India dip 21% in 2023: SIAM
India’s automobile exports suffered a significant decline in 2023, shrinking by a worrisome 21% compared to the previous year. This alarming news, revealed by the latest data from the Society of Indian Automobile Manufacturers (SIAM), casts a shadow of concern over the industry’s future. Uneven Terrain: While the passenger vehicle segment defied the downturn and…