Passenger vehicle exports rise 18% in H1 FY26; Maruti Suzuki leads with over 2 lakh units
New Delhi: India’s passenger vehicle exports grew 18% year-on-year in the April–September period of FY26, driven by strong demand from overseas markets, with Maruti Suzuki topping the charts, according to data from the Society of Indian Automobile Manufacturers (SIAM).
Total exports stood at 4,45,884 units in the first half of the fiscal, up from 3,76,679 units a year earlier. Passenger car shipments rose 12% to 2,29,281 units, while utility vehicle exports jumped 26% to 2,11,373 units. Van exports also surged 36.5% to 5,230 units.
Maruti Suzuki led the export segment with 2,05,763 units, marking a 40% year-on-year growth from 1,47,063 units in the same period last year. Hyundai Motor India followed with 99,540 units (+17%), and Nissan Motor India ranked third with 37,605 units, up from 33,059 units.
Volkswagen India exported 28,011 units, Toyota Kirloskar Motor 18,880 units, Kia India 13,666 units, and Honda Cars India 13,243 units.
SIAM attributed the robust growth to steady global demand, particularly from the Middle East and Latin America. Indian exporters recorded positive growth in 24 international markets, including Korea, UAE, Germany, Egypt, Vietnam, Mexico, and Brazil.
However, shipments to the United States declined in September due to higher import tariffs, reflecting ongoing market diversification efforts by Indian automakers.
