Hyundai Motor India Ltd. (HMIL) has kicked off FY2026 on a strong note with a 13% year-on-year jump in exports in the first quarter, underlining the strength of its “Make in India, Made for the World” vision. The automaker exported 48,140 vehicles in Q1 FY26, up from 42,600 units in the same period last year.
This robust export performance lifted Hyundai’s export share to 26.7% of total sales, up significantly from 22.2% in Q1 FY25. The company’s growing export strength underscores India’s rising stature as a global automotive manufacturing hub.
In June 2025 alone, HMIL sold 60,924 units, with domestic sales at 44,024 and exports contributing 16,900 units. SUVs continued to dominate the domestic landscape, making up 67.6% of total domestic sales, reflecting India’s shifting automotive preference toward larger, utility-oriented vehicles.
“Underscoring the global appeal of Hyundai vehicles, we recorded a 13% year-on-year growth in export volumes for Q1 FY2026,” said Tarun Garg, Whole-time Director & COO, HMIL. “As we approach production at the Talegaon plant, we remain cautiously optimistic, supported by macroeconomic signals like repo rate cuts and improved liquidity.”
Key Highlights:
- Q1 FY26 Exports: 48,140 units (YoY growth of 13%)
- Exports share of total sales: 26.7% (vs 22.2% in Q1 FY25)
- June 2025 Total Sales: 60,924 units
- Domestic: 44,024 units
- Exports: 16,900 units
- SUV Dominance: 67.6% of domestic sales were SUVs
- Talegaon Plant: New production site expected to boost capacity and flexibility
- Total Q1 FY26 Sales: 1,80,399 units (Domestic: 1,32,259 | Exports: 48,140)
Industry Outlook:
Hyundai’s steady export growth and continued SUV demand reveal strategic resilience amid ongoing global and domestic uncertainties. As the Talegaon plant comes online and macroeconomic conditions ease, Hyundai appears poised to maintain momentum across both domestic and international markets.
