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India's Auto Exports Hit Record High: Rs 79,967 Crore
12 Jul
Summary
- Passenger vehicle exports reached an all-time high of Rs 79,967 crore in FY26.
- Exports saw a significant 30.59% value growth, outperforming total commodity exports.
- Premium SUVs and electric vehicles are major drivers of this export boom.
Outbound shipments of Indian passenger vehicles (PVs) reached an unprecedented Rs 79,967.35 crore in FY26. This figure represents a significant 30.59% value growth compared to FY25. The value increase in PV exports was six times that of India's total commodity exports.
This impressive performance was bolstered by the export of more expensive vehicles, including premium SUVs and electric cars. Notably, exports to European nations like Spain and the UK saw dramatic increases from minimal figures in FY25 to substantial amounts in FY26, largely attributed to shipments of electric vehicles.
Key export destinations included South Africa, Saudi Arabia, Mexico, and Japan. Popular models contributing to this export success feature a range of SUVs and sedans. The Fronx was the top exported model by volume, followed by the Jimny and Accent/Verna.
