India’s automobile exports hit the accelerator in Q1 FY2025-26, clocking a 22% year-on-year surge across all vehicle categories. The growth was fueled by record passenger vehicle (PV) shipments and strong performances in two-wheeler and commercial vehicle segments.
According to the Society of Indian Automobile Manufacturers (SIAM), India exported 14.57 lakh vehicles in April–June 2025, up from 11.93 lakh units in Q1 last year.
Key Highlights:
- Total Vehicle Exports:
- 14,57,461 units in Q1 FY26 – up 22% from 11,92,566 units in Q1 FY25.
- Passenger Vehicle Exports (Record High):
- Hit an all-time high of 2,04,330 units (↑13%).
- Two-Wheeler Exports:
- Rose 23% to 11,36,942 units, up from 9,23,148 units.
- Commercial Vehicle Exports:
- Grew 23% to 19,427 units.
- Three-Wheeler Exports:
- Jumped 34% to 95,796 units.
Global Markets Driving Growth
- Middle East & Latin America: Stable demand continued.
- Rebound in Neighbouring Markets: Sri Lanka and Nepal bounced back.
- New Opportunities: Japan showing rising demand.
- FTAs in Action: Shipments under FTAs with Australia and others boosted volumes.
Maruti Suzuki Takes the Lead
- Maruti’s Q1 Exports:
- A massive 96,181 units shipped (↑37% YoY), capturing 47% of the PV export market.
- “Our share in exports reached a historic high of over 47%,” said Rahul Bharti, Sr. Executive Officer at Maruti Suzuki.
- Rest of the Industry:
- Passenger vehicle exports from other manufacturers dipped by 2%.
- Hyundai India:
- Exported 48,140 units, up 13% from 42,600 last year.
Summary
India’s auto industry is revving up on the global stage with consistent export growth. Backed by market rebounds, strategic trade pacts, and strong performances by major OEMs like Maruti Suzuki and Hyundai, the Q1 numbers paint a promising picture for the rest of FY26.
