New Delhi: India’s automobile industry witnessed a sharp rise in vehicle exports during the July–September quarter of the current fiscal year, with overall shipments increasing by 26% compared to the same period last year. The data, released by the Society of Indian Automobile Manufacturers (SIAM), highlights a strong recovery and growing global demand for vehicles made in India.
The second quarter saw a total of 1,685,761 units exported across various vehicle categories, significantly higher than the 1,335,343 units exported during the corresponding quarter in FY24.
Passenger Vehicle Segment Sees Robust Growth
Passenger vehicle exports rose 23% year-on-year to reach 241,554 units, up from 196,196 units in the same quarter last year. This includes a 20.5% rise in car exports to 125,513 units, and a 26% increase in utility vehicle shipments, which totaled 113,374 units. Van exports, though smaller in volume, also recorded a notable 39% jump, touching 2,667 units.
Among manufacturers, Maruti Suzuki India led the pack with exports of 205,763 units, followed by Hyundai Motor India, which shipped 99,540 units during the quarter.
Two-Wheelers Fuel Export Momentum
Two-wheelers contributed significantly to the export surge, with shipments rising 25% to 1,295,468 units from 1,035,997 units a year earlier. Within this category:
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Motorcycle exports saw a 27% increase, totaling 1,108,109 units.
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Scooter exports grew 12% to 177,957 units.
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Moped exports more than quadrupled, rising from 2,028 units last year to 9,402 units this quarter.
Commercial and Three-Wheeler Exports Also Rise
The commercial vehicle segment registered a 22% year-on-year increase, exporting 24,011 units during the quarter. Meanwhile, three-wheeler exports posted the most impressive jump — a 51% rise — reaching 123,480 units, marking their highest-ever quarterly total.
Industry Leaders Optimistic About Global Appeal
Commenting on the data, SIAM President Shailesh Chandra said the strong export performance reflects growing trust in Indian-manufactured vehicles across global markets. “The second-quarter results demonstrate increasing brand confidence in India’s automotive capabilities. This growth is a positive signal for the industry’s global footprint,” he noted.
Industry experts believe that favorable exchange rates, improving production capacities, and growing demand in emerging markets have played a role in boosting exports. The industry now looks toward maintaining this momentum in the coming quarters, especially with the festive season expected to stimulate domestic demand as well.
