India Tyre Exports Hit Rs 7,700 Cr in Q1FY27, Up 16%

India’s tyre exports surged by 16 percent year-on-year, reaching Rs 7,700 crore during the first quarter of fiscal year 2027. This significant growth, spanning April to June, occurred despite prevailing geopolitical uncertainties and rising input and logistics costs.

• Total Q1FY27 Tyre Exports: Rs 7,700 crore
• Year-on-Year Growth (Q1FY27): 16%
• Record FY26 Export Value: Rs 27,312 crore

The Automotive Tyre Manufacturers’ Association (ATMA) reported these figures, citing data from the Ministry of Commerce. This robust Q1FY27 performance builds upon the industry’s record export value achieved in the previous fiscal year.

Passenger Car Radial (PCR) tyres recorded notable expansion, with exports in this segment rising 21 percent in value terms compared to the year-ago period.

ATMA indicated that improved market access through trade agreements, coupled with supportive export policies, could help sustain this growth trajectory. Such measures are crucial for strengthening India’s position as a global tyre manufacturing and export hub.

Key Export Markets Drive Volume

Europe emerged as a crucial growth market for Indian tyre exports, with shipments to the region increasing by 25 percent to Rs 3,003 crore during Q1FY27. The European market alone accounted for nearly 40 percent of India’s total tyre exports for the quarter.

• Europe Q1FY27 Exports: Rs 3,003 crore (25% increase)
• Europe’s Share of Total Exports: Nearly 40%
• United States’ Share: 16% of total export value

The United States remained the single-largest export destination, contributing 16 percent of the total export value for the quarter. Indian-manufactured tyres are currently exported to more than 170 countries globally.