Indian tyre exports reached an all-time excessive of ₹27,312 crore in FY26, registering a 9 per cent enhance from ₹25,057 crore in the earlier fiscal, based on information launched by the Commerce Ministry. This marks the second consecutive 12 months of 9 per cent progress in tyre exports, highlighting the resilience and global competitiveness of the Indian tyre trade regardless of geopolitical uncertainties and a slowing global economic system.
The robust export efficiency was achieved amid important disruptions in global provide chains, elevated logistics prices and trade-related uncertainties throughout key markets, mentioned Arun Mammen, Chairman of the Automotive Tyre Producers Affiliation (ATMA).
The US remained the most important export vacation spot for Indian tyres, accounting for 15 per cent of complete export worth at ₹4,082 crore. Nevertheless, its share declined from 17 per cent in the earlier 12 months after the US administration elevated tariffs on Indian tyre imports from 25 per cent to 50 per cent, placing Indian exporters at a aggressive drawback in comparison with a number of competing economies that continued to get pleasure from decrease tariff obstacles.
Decrease tariffs
In a aid for exporters, the US decreased tariffs on most Indian items from 50 to 18 per cent in February, enhancing the outlook for tyre exports to the American market.
By way of market diversification, value optimisation and coverage help, the Indian tyre trade was in a position to preserve export momentum. The opposite main export locations for Indian tyres are Germany (7 per cent), Italy (5 per cent), Brazil (5 per cent), and France (4 per cent).
Whereas ongoing geopolitical developments, together with the West Asia disaster, proceed to pose challenges by way of provide chain disruptions, greater vitality prices and inflationary pressures, the trade stays optimistic concerning the long-term export outlook. Ongoing trade agreements and better integration of India into global worth chains are anticipated to create recent alternatives for export progress.
As global provide chains proceed to evolve, India is more and more being recognised as a dependable sourcing vacation spot for high-quality tyres. Supported by technological developments, sustainability initiatives and beneficial trade engagements, the Indian tyre trade is properly positioned to strengthen its position in global markets in the years forward, mentioned Mammen.
Printed on June 3, 2026
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