Passenger vehicle exports from India rose 18 per cent year-on-year during the April–September period of the current financial year, driven by strong demand from international markets, particularly in the Middle East and Latin America, according to data from the Society of Indian Automobile Manufacturers (SIAM).
In the first half of FY2025, total passenger vehicle exports stood at 4,45,884 units, up from 3,76,679 units in the same period last year. Exports of passenger cars grew 12 per cent to 2,29,281 units, while utility vehicle shipments surged 26 per cent to 2,11,373 units. Van exports also recorded a sharp rise of 36.5 per cent to 5,230 units.
Maruti Suzuki India retained its position as the country’s top exporter, shipping 2,05,763 units during April–September, a 40 per cent jump from 1,47,063 units a year earlier. Hyundai Motor India ranked second with exports of 99,540 units, up 17 per cent from
84,900 units last year.
Nissan Motor India exported 37,605 units, compared with 33,059 in the previous year. Other key exporters included Volkswagen India (28,011 units), Toyota Kirloskar Motor (18,880 units), Kia India (13,666 units), and Honda Cars India (13,243 units).
SIAM noted that the export growth reflects strong global demand and a widening of markets for Indian automakers. The report highlighted that Indian vehicle exports registered positive growth in 24 countries during the first half of FY2025, even as shipments to the United States fell due to higher tariffs imposed in September.
The countries showing robust demand for Indian vehicles include South Korea, the UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy, and Tanzania.