Mexico, top destination for Indian automobile exports
Q. Which country has become a top destination for India’s automobile exports?- Published on 07 Sep 16a. Nepal
b. China
c. Mexico
d. UK
ANSWER: Mexico
According to EEPC, apex body of engineering exporters, Mexico has emerged as the top destination for Indian automobile exports.
- It is followed by Nepal and the UK
- India’s auto exports include automobiles, auto components, two and three wheelers and motor vehicles.
- Overall engineering exports for April-July 2016 period slipped by 5.2 percent to USD 20.27 billion from USD 21.52 billion
- Automobile exports have increased by 4 percent
- Of the total automobile exports of USD 2.78 billion between April and July 2016, about USD 501 million was shipped to Mexico. Another 157 million was shipped to Nepal while UK for 130 million