India’s Passenger Vehicle Exports Rise 18 % in H1 FY25 Amid Global Demand Surge
India’s export of passenger vehicles surged by 18 % during the first half of fiscal year 2025 (April–September), reaching 4,45,884 units, compared to 3,76,679 units in the same period last year. The growth was driven by utility vehicles, which saw a 26 % uptick to 2,11,373 units, and passenger cars, which recorded a 12 % rise to 2,29,281 units. Vans also posted strong gains, with a 36.5 % increase, shipping 5,230 units overseas.
Domestic manufacturers made significant contributions to this export performance. Maruti Suzuki India led the pack with 2,05,763 units exported, a sharp 40 % increase year-on-year. Hyundai Motor India followed with 99,540 units, up 17 %, while other notable exporters included Nissan Motor India (37,605 units), Volkswagen India (28,011 units), Toyota Kirloskar Motor (18,880 units), Kia India (13,666 units), and Honda Cars India (13,243 units).
According to the Society of Indian Automobile Manufacturers (SIAM), this growth reflects a widening of export destinations and stronger global demand. In fact, Indian vehicle shipments posted positive growth in 24 countries, even as exports to the US slipped owing to higher tariffs implemented in September. Key markets showing strong demand included the UAE, Vietnam, Kenya, Brazil and Poland.
Tyre Times’ View:
This export milestone reinforces India’s growing role as a global auto manufacturing hub. For the tyre sector, it signals enhanced global production relevance and export-aligned volumes of vehicles made in India. Tyre makers and distributors should monitor this export momentum closely, as rising vehicle shipments often translate into increased demand for high-quality tyres both for OEMs and replacement markets abroad.
