Auto Exports

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict

Indian automakers assess West Asia exposure amid rising tensions, as export risks remain limited but higher fuel and input costs could weigh on domestic demand

The US-Bangladesh reciprocal trade pact is unlikely to materially affect India's auto and auto component exports, analysts say, despite tariff concessions and wider market access for Dhaka

Adani Group's Mundra Port in Gujarat has recorded a sharp increase in automobile exports and liquid cargo volumes in January 2026, posting multiple operational records that highlighted the growing role of large, integrated ports in supporting India's trade and export flows. The port handled its highest-ever monthly automobile export volume, shipping 25,762 vehicles through its dedicated roll-on/roll-off (RoRo) terminal at Adani Mundra Container Terminal (CT2), officials said. The figure surpassed the previous monthly record set in May 2024, reflecting continued overseas demand for India-manufactured vehicles. Automakers, including Maruti Suzuki and Toyota, increasingly routed exports through Mundra during the month, with shipments destined for markets across Africa, Europe, East Asia, Australia, and the Middle East, according to port officials. Mundra also set a new single-vessel loading record in January, loading 5,701 vehicles onto a single ship, the highest number handled in one

US automakers are hesitant to sign new supply contracts with Indian auto component makers due to higher tariffs, though existing trade may continue in the near term, ACMA said

Bajaj Auto on Sunday said its exports to Venezuela accounts for less than 1 per cent of its total overseas shipments. The South American country has plunged into a crisis after the US captured its President, Nicolas Maduro, on Saturday. "We do export to Venezuela. Pulsar and Boxer are very popular, but these exports are less than 1 per cent of our total exports," Rakesh Shamra, Executive Director, Bajaj Auto, said. He was responding to a query about the implications on its operations in the country following the capture of Maduro by the US. In the April-December period of FY26, Bajaj Auto's total exports stood at 16,39,971 units as against 13,73,595 units in the year-ago period, up 19 per cent. Another Indian automaker, TVS Motor Company, said it has no meaningful presence in Venezuela.

India is becoming a major export base for global carmakers, with shipments to Europe rising fast as companies invest more in local factories and look for alternatives to China for manufacturing

Passenger car exports are rising with demand in Africa and Latin America, even as domestic sales slow, with Maruti Suzuki and Hyundai leading India's small car shipments

ICRA said India's auto and component exports are under pressure from weak global demand and US tariffs, while margins remain squeezed by lower realisations and higher input costs

Indian manufacturers can significantly expand their exports, particularly in the independent aftermarket segment amid US tariffs, says EY report

Automobile exports from India rose 22 per cent year-on-year in the April-June quarter driven by record shipment of passenger vehicles and robust growth in segments like two-wheelers and commercial vehicles, according to industry body SIAM. Total exports across segments rose to 14,57,461 units in the first quarter as compared to 11,92,566 units in April-June quarter of last financial year. Passenger vehicles saw the highest-ever exports in the first quarter at 2,04,330 units, a growth of 13 per cent compared to 1,80,483 units in the same period last year. Export growth in this segment was driven by stable demand across most markets, with strong performance in the Middle East and Latin America, Society of Indian Automobile Manufacturers (SIAM) said. Revival in neighbouring markets like Sri Lanka and Nepal, rising demand from Japan, and growing exports under FTAs such as Australia also contributed to the overall uptick, it noted. The country's largest carmaker Maruti Suzuki led the .

Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.

India lodges a WTO complaint over steep US auto tariffs, citing safeguard violations and reserving its right to retaliate if talks fail

Hyundai sees overseas demand rising

India calculating impact of 25% duty on cars, auto parts; firms see hit on margins

On the export front, car exports saw nearly a 13 per cent drop year-on-year (Y-o-Y), while utility vehicle (UV) exports went up by around 61.5 per cent in January

Automobile exports from India rose 19 per cent year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to SIAM data. Overall shipments rose to 50,98,810 units last year, up 19 per cent from 42,85,809 units exported in 2023. "Last year saw revival in demand for the Indian automobiles from emerging markets like Latin America and Africa," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon told PTI when asked about reasons for exports growth last year. In 2024, passenger vehicle exports grew 10 per cent to 7,43,976 units as compared to 6,77,956 units in January-December period of 2023. Utility vehicle shipments rose 33 per cent year-on-year to 3,23,621 units while van shipments also jumped 14 per cent annually to 8,207 units. Passenger car dispatches, however, declined 4 per cent last year to 4,12,148 units as compared to 4,27,876 units in 2023. Two-wheeler exports rose 23 per cent to 39,77,162

Over 14% of passenger vehicles and 16% of two-wheelers manufactured in the country were exported between January and November

Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on the drop in overseas shipments last fiscal, SIAM President Vinod Aggarwal said the situation remains volatile in various overseas markets. "Some of the countries, where we are very strong with commercial vehicle and two-wheeler exports, have been facing foreign exchange-related issues," he noted. The last fiscal saw a sizeable drop in commercial vehicle, two-wheeler and three-wheeler shipments, although passenger vehicles grew marginally. However, in the January-March quarter this year, we have seen good recovery, especially for two-wheelers, indicating better potential for the rest of the year, he said. "We are very hopeful that going forward, the situation will improve," Aggarwal added. In the ..