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India emerging as leading source of vehicle imports for South Africa

September 18, 2024
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India emerging as leading source of vehicle imports for South Africa

NEW DELHI : India has emerged as the leading source of vehicle imports for the South African automotive industry since 2013, according to the Automotive Business Council’s BRICS+ Research Report 2024, as India’s establishment as a global hub for small and entry-level vehicles, which dominate sales in the domestic market.

Tata and Mahindra have solidified their presence in South Africa. Mahindra executives often refer to South Africa as their “second home” outside India, owing to significant investments, including a production line in Durban. The report . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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