robust-global-demand-pushes-up-passenger-vehicle-exports-by-18-pc

Propelled by stable demand across global markets, especially in the Middle East and Latin America, passenger vehicles exports from India rose by 18 per cent year-on-year in the April-September period, as per data released by the Society of Indian Automobile Manufacturers (SIAM).

The total passenger vehicle exports in the first half of the current fiscal year rose to 4,45,884 units as compared with 3,76,679 units in the year-ago period, showing an increase of 18.4 per cent.

Of these, passenger car shipments rose to 2,29,281 units in the period under review, an increase of 12 per cent as against 2,05,091 units in the April-September period of 2024-25.

Maruti Suzuki lead this segment with shipment of over 2 lakh units, according to the SIAM data. The company’s exports rose to 2,05,763 units in the period under review, an increase of 40 per cent, as compared with 1,47,063 units in the same period a year ago.

 

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Meanwhile, Hyundai Motor India shipped 99,540 units in the April-September period, up 17 per cent from 84,900 units in the year-ago period.

Nissan Motor India was next, having exported 37,605 units in the period under review as against 33,059 units in the year-ago period. It was followed by Volkswagen India with shipment of 28,011 units; Toyota Kirloskar Motor with 18,880 units; Kia India with 13,666 units and Honda Cars India with 13,243 units.

These reflected a clear trend of market diversification, said the auto industry body in its report.

Despite shipments to the US declining due to high tariffs in September, Indian exporters have registered a positive growth in 24 countries during the first half of the current fiscal year, including Korea, UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy and Tanzania.

Similarly, SIAM’s data revealed utility vehicle exports to overseas markets rose 26 per cent year on year to 2,11,373 units in the April-September period of the current fiscal, and van shipments rose 36.5 per cent year on year to 5,230 units in the first half of the current financial year.