Maruti Suzuki ranks top as passenger vehicle exports jump 18% in H1 FY25
By Anjali Sharma
WASHINGTON – Maruti Suzuki on Sunday said that passenger vehicle exports from India recorded 18% year-on-year growth during the April–September period of FY25.
The growth was driven by strong global demand, particularly from the Middle East and Latin America, the company stated.
According to data released by the Society of Indian Automobile Manufacturers, the total passenger vehicle shipments stood at 4,45,884 units in the first half of the current fiscal year, up from 3,76,679 units in the same period last year.
Passenger car exports rose 12 per cent to 2,29,281 units while utility vehicle shipments increased 26 per cent to 2,11,373 units.
Van exports also saw a significant jump of 36.5 per cent, reaching 5,230 units in the first half of FY25.
Maruti Suzuki India exported 2,05,763 units, marked a strong 40 per cent growth from 1,47,063 units in the corresponding period of the previous year.
Hyundai Motor India followed with 99,540 units, up 17 per cent year-on-year, while Nissan Motor India shipped 37,605 units, compared with 33,059 units a year ago.
Other key exporters included Volkswagen India (28,011 units), Toyota Kirloskar Motor (18,880 units), Kia India (13,666 units), and Honda Cars India (13,243 units).
SIAM attributed the export surge to stable global demand and market diversification, with Indian automakers registering growth in 24 countries, including Korea, UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy, and Tanzania.
The SIAM noted the exports to the US witnessed a decline in September due to higher tariffs.
The steady growth underscored India’s expanding footprint in global automobile markets and highlighted the country’s strengthening position as a key hub for small and mid-size passenger vehicle exports.
