Overview

• India's automobile exports rose to 5.36 million units in FY2024-25, a 19% increase from the previous fiscal year, according to SIAM.
• Two-wheeler exports led the growth, surging by 21% to over 4.19 million units, followed by passenger vehicles with a 15% rise to 770,364 units.
• Utility vehicle shipments saw the highest growth rate among segments, increasing by 54% to 362,160 units.
• Economic stability in Africa and growing demand in Latin America played a pivotal role in driving export growth.
• Improved manufacturing quality has enabled initial exports to developed markets, further enhancing the global appeal of 'Made in India' vehicles.