India’s automobile exports grow 14% in Apr-Sept, driven by passenger vehicles and two-wheelers

Desk

| 2025-06-07 | Industry & Events

India's automobile exports grow 14% in Apr-Sept, driven by passenger vehicles and two-wheelers

In the first six months of the current fiscal year, India saw a significant 14 percent growth in automobile exports, which were mainly led by an increase in two-wheeler and passenger car exports. According to Society of Indian Automobile Manufacturers (SIAM) data, total exports during the April to September period stood at 2,528,248 units, compared to 2,211,457 units in the same period last year.

This rebound in the exports of vehicles has been described to be due to markets like Latin America and Africa, which had slowed down for several reasons, according to Shailesh Chandra, President of SIAM. “This has been the main reason for exports coming back,” he explained while explaining the reasons behind the resurgent phase.

It is important to mention that most African countries and other regions have faced problems because of currency devaluation, which seriously affected transportation in terms of vehicle shipment since they gave more importance to importing vital products.

Automobile exports took a beating during the last fiscal year, falling 5.5 percent due to monetary crises in several overseas markets. Total automobile exports for FY24 thus stood at 4,500,492 units, down from the 4,761,299 units exported during FY23.

Passenger vehicle exports grew 12 percent year on year to total 376,679 units in the first half of the fiscal year compared with 336,754 units in FY24. As stated in the language of segments, Maruti Suzuki, the country’s largest carmaker, grew 12 percent to ship out 147,063 units. It was 131,546 units a year ago. Hyundai Motor India exported a marginal 1 percent less at 84,900 units in the first seven months of the fiscal year 2017 as compared to 86,105 units it shipped in the same period of the previous fiscal.

Two-wheeler exports have continued the strong show, rising 16% to 1,959,145 units in the first half of this fiscal year from 1,685,907 units registered during the same period of last year. While scooter exports gained 19% to 314,533 units, motorcycle exports rose 16% to 1,641,804 units.
Commercial Vehicles In commercial vehicles, exports were up by 12 percent year-on-year at 35,731 units for the first six months of the fiscal year. Three-wheeler exports contracted 1 percent to 153,199 units, down from 155,154 units at the same time in FY24.