How Did Passenger Vehicle Exports from India Grow by 18% in April–September?
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Synopsis
Passenger vehicle exports from India are soaring with an 18% growth in the first half of FY2025, driven by strong international demand. Discover how Indian automakers are diversifying their markets, even amidst challenges in the US due to tariffs.
Key Takeaways
- 18% growth in passenger vehicle exports YoY
- Leading exporters include Maruti Suzuki and Hyundai
- Strong demand from Middle East and Latin America
- Positive growth in 24 countries
- Challenges faced in the US market due to tariffs
New Delhi, Oct 26 (NationPress) Exports of passenger vehicles from India have seen an impressive 18 percent increase year-on-year (YoY) during the April–September timeframe of the current financial year, as reported by the Society of Indian Automobile Manufacturers (SIAM).
This growth has been fueled by robust global demand, particularly from regions such as the Middle East and Latin America.
In the initial half of FY2025, the total number of passenger vehicles exported reached 4,45,884 units, a rise from 3,76,679 units during the same period last year.
Passenger car exports saw a growth of 12 percent, totaling 2,29,281 units, while shipments of utility vehicles experienced a remarkable 26 percent surge, amounting to 2,11,373 units. Exports of vans also rose significantly by 36.5 percent, reaching 5,230 units.
Maruti Suzuki India led the export charge, with 2,05,763 units shipped from April to September, reflecting a 40 percent increase from the 1,47,063 units in the same timeframe last year.
Hyundai Motor India followed closely, exporting 99,540 units, which is a 17 percent increase from 84,900 units the previous year.
Nissan Motor India exported 37,605 units, up from 33,059 units last year. Other significant 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).
According to SIAM, this growth is indicative of consistent demand from international markets and a diversification of export destinations.
Indian automotive manufacturers have reported positive growth across 24 countries during the April–September period, despite a decline in shipments to the US due to increased tariffs in September.
“The data illustrates a distinct trend of market diversification, with Indian exporters achieving positive growth in 24 nations during the first half of the current fiscal year, even as shipments to the US faced challenges from high tariffs,” the report highlighted.
Countries exhibiting strong 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.
Point of View
It is clear that the impressive growth of passenger vehicle exports from India is a testament to the resilience and adaptability of our automotive sector. The diversification in export markets is crucial for sustained growth, and it is essential that we continue to explore new avenues for expansion while addressing challenges in established markets.
NationPress
26/10/2025
Frequently Asked Questions
What is the percentage increase in passenger vehicle exports from India for April–September?
Passenger vehicle exports from India increased by 18% year-on-year (YoY) during the April–September period.
Which Indian automaker was the top exporter during this period?
Maruti Suzuki India was the top exporter, with 2,05,763 units shipped.
What regions showed strong demand for Indian vehicles?
Strong demand for Indian vehicles came from South Korea, the UAE, Germany, and several other countries.
How much did utility vehicle exports increase?
Exports of utility vehicles surged by 26% to 2,11,373 units.
Did shipments to the US increase or decrease?
Shipments to the US decreased due to higher tariffs imposed in September.
