Indian Tyre Exports Hit Record Rs 27,312 Crore In FY26

Indian tyre exports in FY26 touched a record Rs 27,312 crore, growing 9 percent year on year despite global uncertainty, logistics pressure and shifting US tariff conditions. The milestone marks the second straight year of 9 percent export growth for the sector and reinforces the role of Indian tyre manufacturers in global automotive supply chains.

What You Need To Know

• Indian tyre exports reached Rs 27,312 crore in FY2025-26.

• The export value was up 9 percent from Rs 25,057 crore in FY25.

• The US remained the largest destination, accounting for 15 percent of export value at Rs 4,082 crore.

• Germany, Italy, Brazil and France were among the other major destination markets.

• Tyre manufacturers have invested around Rs 30,000 crore in greenfield and brownfield capacity over the past four to five years.

Indian Tyre Exports FY26: Key Numbers

US Remained The Biggest Market, But Share Declined

The United States continued to be the single largest market for Indian tyre exports, contributing 15 percent of export value, or around Rs 4,082 crore. However, the US share declined from 17 percent in the previous year, with the source context pointing to tariff changes during the fiscal as one pressure point for exporters.

Beyond the US, the reported destination mix shows a broader global footprint. Germany accounted for 7 percent, while Italy and Brazil stood at 5 percent each and France at 4 percent. That mix matters because tyre exports are less dependent on a single geography when Indian manufacturers can keep expanding across developed and emerging markets.

Why This Matters For The Indian Auto Industry

Tyres are not just replacement-market products; they are part of the broader auto-component export story. A record export year suggests that Indian manufacturers are becoming more competitive on quality, scale and supply reliability. It also supports the long-term Make in India narrative for automotive components, especially when the sector is navigating energy costs, shipping uncertainty and policy changes in overseas markets.

The source context also notes around Rs 30,000 crore of recent greenfield and brownfield capacity investment by tyre manufacturers. That capacity expansion is important because export growth cannot continue on demand alone. Manufacturers need production depth, cost control and distribution reach to keep winning global orders.

Export Growth Came Despite Global Pressure

The FY26 result is notable because the operating backdrop was not easy. Elevated logistics costs, supply-chain volatility, energy-price concerns and changing tariff policy can all compress margins or delay shipments. Even with those factors, Indian tyre exports still posted 9 percent growth for the second year in a row.

Industry commentary in the source context credits market diversification, cost optimisation and policy support as drivers. Those points should be read as industry context rather than a guarantee that growth will continue at the same pace. Future export performance will still depend on currency movement, raw-material costs, trade agreements, global vehicle demand and tariff stability.

What To Watch Next

• Trade agreements: Better market access could support further export growth.

• US tariff stability: The US remains the biggest market, so any policy shift can affect export planning.

• Raw-material costs: Rubber, crude-linked inputs and energy prices remain key margin drivers.

• Capacity utilisation: Recent investment has to convert into profitable production and global orders.

• Premium tyre exports: Higher-value products can improve export value even when volume growth is moderate.

FAQs

What was the value of Indian tyre exports in FY26?

Indian tyre exports reached a record Rs 27,312 crore in FY2025-26.

How much did Indian tyre exports grow in FY26?

Exports grew by 9 percent year on year, compared with Rs 25,057 crore in FY25.

Which country was the largest destination for Indian tyre exports?

The United States remained the largest destination, accounting for 15 percent of export value at about Rs 4,082 crore.

Why are Indian tyre exports growing?

The source context points to market diversification, cost optimisation, policy support and recent capacity investment by tyre manufacturers as key factors behind the export performance.

The record Indian tyre exports FY26 figure is more than a single industry milestone. It shows how Indian auto-component manufacturing is building scale in global markets, even when tariff and supply-chain conditions remain challenging.