Tyre exports rise 16% to โ‚น7,700 crore in Q1 amid global headwinds | Chennai News
0 2 min 1 hr


Tyre exports rise 16% to โ‚น7,700 crore in Q1 amid global headwinds
Strong growth in tyre exports in Q1 reflects the growing acceptance of Indian-made tyres across global markets

Chennai: Indiaโ€™s tyre exports grew 16% year-on-year to โ‚น7,700 crore in the first quarter of FY27, despite geopolitical uncertainty, supply chain disruptions, and elevated input and logistics costs, the Automotive Tyre Manufacturersโ€™ Association (ATMA) said, citing Commerce Ministry data.The growth follows a record export value of โ‚น27,312 crore achieved in FY26. Passenger Car Radial (PCR) tyre exports rose 21% in value during the quarter.โ€œGrowth in tyre exports during the first quarter represents a strong start to the new financial year and reflects the growing acceptance of Indian-made tyres in global markets,โ€ Arun Mammen, chairman, ATMA, said in a statement.

Should Indian tyre manufacturers focus more on which of the following markets?

3k+ users shared opinion today

5k+ users already voted today

3k+ users shared opinion today

Share Opinion

Europe was a key growth driver, with exports to the region rising 25% to โ‚น3,003 crore in Q1FY27 and accounting for nearly 40% of Indiaโ€™s total tyre exports. The US remained the largest single export market, contributing 16% of total exports.Indian tyres are currently exported to more than 170 countries. ATMA said improved market access through trade agreements and supportive export policies could further strengthen Indiaโ€™s position as a global tyre manufacturing and export hub.

Leave a Reply

Your email address will not be published. Required fields are marked *