Automobiles Exports The Society of Indian Automobile Manufacturers has approached the Government to consider a rupee-based payment mechanism for trading with African nations such as Algeria and Nigeria. They have made suggestion to Department of Commerce to consider a rupee-based payment mechanism for trading with African nations. The Department of Commerce, Government of India is yet to take a decision on their suggestion. The quantum of total vehicle export in 2015-16 was US $ 8857 million and the share of vehicle export to Africa during this period was US $ 2011 million, which is about 23 % of total vehicle export during 2015-16. This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo in reply to a written question in the Lok Sabha today.
