India's Tyre Exports Capture One-Third of Production Value in Global Market

Approximately one-third of India's tire production value comes from exports, showcasing the industry's increasing competitiveness in the global market. The industry's consistent growth is propelled by advantageous trade conditions, growing international acknowledgment of Indian manufacturing excellence, and the increasing demand in various locations.

Around 3.5 million motorcycle tires were sent overseas from April to September 2024, with Colombia standing out as the leading buyer in this sector. The US continues to be the primary importer of Indian tires, making up 15% of all exports. Brazil, Germany, UAE, France, and Italy are among the other significant importers.

Exports of tyres from India grew by 11.7% year-on-year in the first half of fiscal year 2025, totaling ₹12,131 crore, as reported by the Ministry of Commerce. The increase demonstrates strong international interest in Indian manufactured tires, with overseas sales reaching 170 nations.

The export surge was driven by motorcycle tyres, which saw a 37% increase in volumes according to the Automotive Tyre Manufacturers Association (ATMA). The radial tires for passenger cars increased by 18%, while the radial tires for trucks and buses saw a 19% growth in the same timeframe. Motorcycle tires make up the biggest export category, playing a major role in the industry's success.

Despite facing obstacles such as high raw material expenses and uncertain global economic conditions, the tyre sector has demonstrated its ability to adapt and succeed. The increase in exports during the first half of fiscal year 2025 highlights India's opportunity to expand its presence in global markets. Tyre makers still exploit cost benefits and increase presence in established and developing markets.