Hyundai Motor India on Saturday logged 11 per cent increase in wholesales at 61,500 units last month as compared with 55,287 units in March 2022.

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Domestic dispatches in March 2023 rose 13 per cent to 50,600 units as compared with 44,600 units a year ago.

Exports rose to 10,900 units from 10,687 vehicles in the same period a year ago.

Total sales in last fiscal year stood at 7,20,565 units, up 18 per cent from 6,10,760 units in 2021-22.

It is the company's highest-ever sales in a financial year since commencing operations in the country.

Domestic dispatches last month rose to 5,67,546 units from 4,81,500 units in 2021-22. Exports were higher 18 per cent year-on- year to 1,53, 019 vehicles.

"FY 22-23 has been a phenomenal year for Hyundai Motor India, as we introduced seven segment defining products like the all-new Hyundai Tucson, new Venue, Venue N Line, all electric IONIQ 5, new Grand i10 NIOS, new AURA and the all-new Verna catering to different segments thus giving a strong push to brand Hyundai amongst new-age Indian customers," Hyundai Motor India COO Tarun Garg said in a statement.

Despite global headwinds, the company sees momentum in the Indian auto industry to continue, he added.

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