*India’s Auto Exports Accelerate: Over 53 Lakh Vehicles Shipped in FY25 Amid Global Demand Surge*
New Delhi: India’s automobile exports surged 19% in the financial year 2024-25, crossing 53.6 lakh units, driven by robust global demand for passenger vehicles, two-wheelers, and commercial vehicles. The latest data from the Society of Indian Automobile Manufacturers (SIAM) indicates growing international acceptance of Indian-made vehicles, especially in Africa and neighbouring countries.
According to SIAM, total exports reached 53,63,089 units in FY25, up from 45,00,494 units in FY24 — a clear sign of India’s expanding footprint in the global automotive market.
“On the exports front, good recovery is seen across all segments, particularly passenger vehicles and two-wheelers, reflecting improved global demand and India’s growing competitiveness,” said SIAM President Shailesh Chandra.
Passenger Vehicles Post Record Performance
Passenger vehicle exports rose 15% year-on-year to 7,70,364 units, compared to 6,72,105 units in FY24, marking the segment’s best-ever annual performance. The growth was driven by rising international demand for models manufactured in India, particularly utility vehicles, which led the segment with a 54% increase, reaching 3,62,160 units, up from 2,34,720 units the previous year.
Two-Wheelers Lead the Surge
Two-wheeler exports posted a strong 21% rise, with 41,98,403 units shipped abroad in FY25, compared to 34,58,416 units in FY24. SIAM attributed this growth to new model launches and the opening of additional international markets, alongside improving economic conditions in regions like Africa and rising demand in Latin America.
Commercial Vehicles and Three-Wheelers Also Grow
Commercial vehicle exports grew 23%, reaching 80,986 units, up from 65,818 units in the previous fiscal year. Meanwhile, three-wheeler exports recorded a modest 2% growth, totaling approximately 3.1 lakh units in FY25.
SIAM noted that the improvement in manufacturing standards has allowed some automakers to begin exporting to developed markets, enhancing India’s image as a competitive and quality-conscious vehicle manufacturing hub.
With global momentum building and domestic manufacturers tapping into newer markets, India’s automobile industry appears set for a sustained period of export-led growth.
