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Passenger vehicle exports jump 18% in H1 FY26; Maruti Suzuki crosses over 2 lakh units



<p>Export markets include South Korea, the UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, and more. </p>
<p>“/><figcaption class= Export markets include South Korea, the UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, and more.

India’s passenger vehicle exports rose 18 per cent year-on-year in the April–September period of the current financial year, driven by strong overseas demand and robust shipments by Maruti Suzuki, according to latest data released by the Society of Indian Automobile Manufacturers (SIAM).

Total passenger vehicle exports stood at 4,45,884 units in the first half of FY26, compared with 3,76,679 units a year earlier. Passenger car shipments increased 12 per cent to 2,29,281 units, while utility vehicle exports grew 26 per cent to 2,11,373 units. Van exports also saw a notable rise of 36.5 per cent, reaching 5,230 units.

Automakers performance

Maruti Suzuki led the segment with exports of 2,05,763 units during April–September, up 40 per cent from 1,47,063 units in the same period last year. Hyundai Motor India followed with shipments of 99,540 units, marking a 17 per cent increase from 84,900 units a year ago.

Nissan Motor India exported 37,605 units, up from 33,059 units, while Volkswagen India shipped 28,011 units. Toyota Kirloskar Motor recorded exports of 18,880 units, followed by Kia India (13,666 units) and Honda Cars India (13,243 units).

A strong export demand

SIAM attributed the export growth to stable demand across key global markets, particularly in the Middle East and Latin America. The industry body said Indian automakers registered positive growth in 24 countries during the first half of FY26, reflecting a broad-based expansion in export destinations. These markets 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.

However, exports to the United States declined during September due to higher tariffs, SIAM noted. Despite this, Indian automakers continue to diversify their global presence, with steady gains across emerging and developed markets supporting overall export growth.

  • Published On Oct 26, 2025 at 11:17 AM IST

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