Chennai: Indiaโs tyre exports grew 16% year-on-year to โน7,700 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 โน27,312 crore achieved in FY26. Passenger Car Radial (PCR) tyre exports rose 21% in value during the quarter.โGrowth 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.
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Europe was a key growth driver, with exports to the region rising 25% to โน3,003 crore in Q1FY27 and accounting for nearly 40% of Indiaโs 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 Indiaโs position as a global tyre manufacturing and export hub.