In July this year, Indian motor vehicle production increased by 15.61 percent year on year to 1,998,877 units, according to the Society of Indian Automobile Manufacturers (SIAM).

In the first four months of the current Indian fiscal year (started April 1, 2014), passenger vehicle sales in India increased by 2.53 percent compared to the same period of the previous fiscal year, while the country's commercial vehicles segment registered a fall of 15.51 percent in sales, both on year-on-year basis.

Meanwhile, in the first four months of the current Indian fiscal year, India's total motor vehicle exports increased by 23.17 percent year on year. Passenger vehicle exports registered a year-on-year increase of 3.84 percent, while commercial vehicle exports increased by 19.78 percent, both on year-on-year basis.