Between January and July 2009, China exported 165,000 automobiles, down dramatically from the same period last year. But Indian exports (include foreign companies such as Hyundai which use India as a hub), actually increased by 18 percent to 230,000 units in the same period. This means that for now at least India is a larger exporter of cars than China. Note the domestic market in China continues to be the world’s largest, and about three times the size of India’s current market.
Last updated: July 10th, 2024
