India's automobile exports jump 22% in April-June quarter
Society of Indian Automobile Manufacturers
(SIAM).
This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers.
In total, India exported 14,57,461 vehicles across all categories in the first quarter, up from 11,92,566 units during the same period the previous year.
Passenger vehicle exports
reached an all-time high of 2,04,330 units in the April-June quarter -- marking a 13 per cent increase compared to 1,80,483 units exported in the same quarter last year.
SIAM attributed this growth to stable demand in most international markets, with strong performance in the Middle East and Latin America.
Exports also received a boost from recovering demand in neighbouring countries like Sri Lanka and Nepal, as well as growing interest from Japan.
SIAM further noted that Free Trade Agreements (FTAs) with countries such as Australia helped increase shipments.
Maruti Suzuki
, the leading carmaker in the country, was the top exporter of passenger vehicles in the April-June quarter.
The company sent 96,181 cars to other countries, which is over 37 per cent more than the 69,962 cars it exported during the same period the previous year.
Hyundai Motor India exported 48,140 cars during this time, a 13 per cent increase compared to 42,600 cars in the April-June quarter of the previous year.
Two-wheeler exports saw a 23 per cent rise, reaching 11,36,942 units in Q1, up from 9,23,148 units during the same period the previous year.
Commercial vehicle exports also grew by 23 per cent, with shipments rising to 19,427 units.
Three-wheeler exports
recorded the highest growth rate among all segments, jumping 34 per cent to 95,796 units in the April-June quarter.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
7 hours ago
- Mint
Honda says ABS rollout from Jan for two-wheelers to drive up imports
Honda Motorcycles and Scooter India Pvt. Ltd has joined larger peer Honda MotoCorp Ltd in flagging concerns about the January rollout of anti-lock braking system in all two-wheelers, saying it could spike imports as local suppliers are not yet ready to meet the demand. 'Cost is definitely there as an impact. But more important is in terms of whether we are really prepared from the supply side point of view," Yogesh Mathur, director of sales and marketing at Honda Motorcycles and Scooter India (HMSI), told Mint. Suppliers will have to rely on import routes due to the strict timelines and domestic manufacturing will have to prepare accordingly, he said. The country's second-largest two-wheeler maker's warning reflects the anxiety flagged by its former partner, Hero, about the 'key business risk" in its latest annual report, without directly referring to the anti-lock braking system (ABS) implementation from 1 January. The system improves traction and helps avoid skidding on roads, which helps prevent accidents. Currently, only two-wheelers with an engine capacity of more than 125cc are required to have ABS. At the end of the financial year 2025, only 16% of the total 19.6 million two-wheelers sold had the required technology. If the draft proposal is implemented, 84% of the two-wheeler market will have to install ABS, increasing the cost by ₹3,000-5,000 per unit. Representatives of the Society of Indian Automobile Manufacturers (Siam), an industry lobby, met on 9 July with the Union roads ministry secretary to seek a relaxation on the rollout deadline. The minutes of the 9 July meeting, accessed by Mint, showed the Siam delegation asked for more time to study India-specific accident data before implementing such regulations. '[But] the Secretary MoRTH stressed the urgent need for implementing safety measures, citing the high percentage of 2-wheeler fatalities, and emphasised technical interventions." HMSI's Mathur told Mint, 'If these deadlines prevail, definitely, I think it will be only through the import route, not from the domestic side unless the investments are being done by the supplier to increase their production." Analysts predict that the domestic ABS industry will see rapid growth due to the implementation of such regulations. 'With the shift toward ABS, we expect the industry size to increase by 5X to ₹80.4 bn," Rishi Vora, an analyst at Kotak Institutional Equities, wrote in a 20 June note. 'Currently, the 2W ABS market is dominated by Bosch—unlisted arm (60-70% market share), Continental andEndurance Technologies (10-15% market share)." Other analysts flagged reliance on imports for critical ABS 65–70% of critical ABS components, particularly electronic control units and wheel speed sensors, are imported, with China and select Asean nations forming a major part of the sourcing base, said Harshvardhan Sharma, group head for auto tech and innovation at Nomura Research Institute Consulting and Solutions India.'While domestic suppliers are actively expanding capacity, a full localization transition may require at least a 12–18 month runway, factoring in validation cycles, tooling, and volume commitments," Sharma said. Subhabrata Sengupta, partner at Avalon Consulting, suggests that with the deadline approaching soon, more players will look to enter the segment and expand their capacities. '...The ECU and sensor may be imported initially, but assembly may be indigenized quickly," Sengupta said. 'However, in our view, this is a deadline to light a fire. In all probability, this may get relaxed by say 6 months, making implementation smoother."
Time of India
10 hours ago
- Time of India
India's automobile exports jump 22% in April-June quarter
India's automobile exports grew by 22 per cent year-on-year (YoY) in the April-June quarter of the current financial year (Q1 FY26), according to data released by the Society of Indian Automobile Manufacturers (SIAM). This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers. In total, India exported 14,57,461 vehicles across all categories in the first quarter, up from 11,92,566 units during the same period the previous year. Passenger vehicle exports reached an all-time high of 2,04,330 units in the April-June quarter -- marking a 13 per cent increase compared to 1,80,483 units exported in the same quarter last year. SIAM attributed this growth to stable demand in most international markets, with strong performance in the Middle East and Latin America. Exports also received a boost from recovering demand in neighbouring countries like Sri Lanka and Nepal, as well as growing interest from Japan. SIAM further noted that Free Trade Agreements (FTAs) with countries such as Australia helped increase shipments. Maruti Suzuki , the leading carmaker in the country, was the top exporter of passenger vehicles in the April-June quarter. The company sent 96,181 cars to other countries, which is over 37 per cent more than the 69,962 cars it exported during the same period the previous year. Hyundai Motor India exported 48,140 cars during this time, a 13 per cent increase compared to 42,600 cars in the April-June quarter of the previous year. Two-wheeler exports saw a 23 per cent rise, reaching 11,36,942 units in Q1, up from 9,23,148 units during the same period the previous year. Commercial vehicle exports also grew by 23 per cent, with shipments rising to 19,427 units. Three-wheeler exports recorded the highest growth rate among all segments, jumping 34 per cent to 95,796 units in the April-June quarter.
Hans India
11 hours ago
- Hans India
India's automobile exports jump 22 pc in April-June quarter
New Delhi: India's automobile exports grew by 22 per cent year-on-year (YoY) in the April-June quarter of the current financial year (Q1 FY26), according to data released by the Society of Indian Automobile Manufacturers (SIAM). This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers. In total, India exported 14,57,461 vehicles across all categories in the first quarter, up from 11,92,566 units during the same period the previous year. Passenger vehicle exports reached an all-time high of 2,04,330 units in the April-June quarter -- marking a 13 per cent increase compared to 1,80,483 units exported in the same quarter last year. SIAM attributed this growth to stable demand in most international markets, with strong performance in the Middle East and Latin America. Exports also received a boost from recovering demand in neighbouring countries like Sri Lanka and Nepal, as well as growing interest from Japan. SIAM further noted that Free Trade Agreements (FTAs) with countries such as Australia helped increase shipments. Maruti Suzuki, the leading carmaker in the country, was the top exporter of passenger vehicles in the April-June quarter. The company sent 96,181 cars to other countries, which is over 37 per cent more than the 69,962 cars it exported during the same period the previous year. Hyundai Motor India exported 48,140 cars during this time, a 13 per cent increase compared to 42,600 cars in the April-June quarter of the previous year. Two-wheeler exports saw a 23 per cent rise, reaching 11,36,942 units in Q1, up from 9,23,148 units during the same period the previous year. Commercial vehicle exports also grew by 23 per cent, with shipments rising to 19,427 units. Three-wheeler exports recorded the highest growth rate among all segments, jumping 34 per cent to 95,796 units in the April-June quarter.
