Piyush Goyal asks auto industry to raise share of vehicles exports to 50% from 14% now

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Key Points

Commerce and industry minister Piyush Goyal on Friday urged the automobile industry to set a target of increasing the share of vehicles being exported to 50% of all passenger vehicles produced in the country by 2030 from 14% in the last fiscal...

The auto industry should not limit itself to achieving a 25% export share and instead aim for at least a 50% export share, Goyal said at the curtain raiser of Bharat Mobility Global Expo 2024, which is scheduled to be held from February 1-3 February...

Indias contribution to the world is increasing rapidly with share of vehicles being exported from 14% at present, to about 25% of all passenger vehicles produced in India by 2030..

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