India’s tyre industry achieved a major milestone in FY26, recording its highest-ever export value despite ongoing challenges in the global trade environment. Exports rose to $3.09 billion during the fiscal year, reflecting strong demand for Indian-made tyres across international markets and underscoring the sector’s growing competitiveness on the global stage.
The achievement comes at a time when businesses worldwide continue to grapple with supply chain disruptions, higher transportation costs, and uncertainty surrounding international trade policies. Despite these obstacles, Indian tyre manufacturers succeeded in expanding their overseas presence, registering a healthy increase over the previous fiscal year’s export performance of $2.96 billion.
The United States remained the largest destination for Indian tyre exports, accounting for approximately 15% of total export value. However, its share declined slightly compared with the previous year due to changes in tariff structures affecting tyre imports from India. Even with this adjustment, the American market continued to play a crucial role in supporting export growth.
Beyond the US, Indian tyre makers strengthened their footprint in several important international markets. Countries such as Germany, Italy, Brazil, and France emerged as significant contributors to export demand. This broader geographic reach highlights the industry’s success in reducing dependence on any single market while building a more diversified global customer base.
Industry representatives attribute the strong export performance to years of strategic investment in manufacturing capabilities, technology, and product innovation. According to the Automotive Tyre Manufacturers Association (ATMA), companies have collectively invested more than $3 billion in new and expanded production facilities over the past four to five years. These investments have enhanced production efficiency, improved product quality, and increased the industry’s ability to serve both domestic and international customers.
The tyre sector has evolved into one of India’s most important manufacturing industries, generating annual revenues of roughly $10.48 billion. Ongoing capacity expansion projects and modernization efforts have helped manufacturers remain competitive even amid fluctuating global economic conditions.
Industry leaders believe the record-breaking export figures demonstrate the growing acceptance of Indian tyres in international markets. The sector’s ability to sustain growth despite external pressures reflects its resilience and long-term strategic planning.
With continued investments, expanding production capabilities, and stronger global market penetration, India’s tyre industry is well-positioned to further strengthen its role as a major manufacturing and export hub for automotive products in the years ahead.
