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| Table 9.3 INDEX OF PRODUCTION OF VEHICLES IN INDIA (1990-91 = 100) Commercial Vehicles Cars, Jeeps and Land Rovers Motorcycles and Scooters 1990-91 100.0 100.0 100.0 2000-01 240.5 286.3 203.8 2009-10 389.0 1057.6 570.3 Annual Growth Rate (%) 1990-91 to 2000-01 9.2 11.0 7.4 2000-01 to 2009-10 5.5 15.6 12.1 Source Author’s Estimates using numbers from IES. 84 We turn next to the composition of India’s trade at the 4 digit level of the HS code. The shares are given in Table 9.4. India has a very diversified range of exports of cars (49 percent, parts and accessories (19 percent, trucks and vans (10 percent, motorcycles (7 percent, tractors (5 percent) and buses (4 percent. Within the region, significant exports are to Sri Lanka, Bangladesh and Nepal. Major export markets in East Asia are Indonesia, Thailand and Philippines. India has also penetrated the African market with exports to Nigeria and Egypt, and to countries in Latin America including Chile, Argentina and Peru. This is in addition to the traditional markets in Europe and the USA. Download 0.77 Mb. Share with your friends:
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