Posted inAutomotive & Transportation

Motorcycle tyres fuel India’s 11.7% tyre export growth in H1 FY25

The continued growth trajectory positions India as a key player in the global tyre industry.

India’s tyre exports experienced an 11.7% year-on-year growth in the first half of the financial year 2025, reaching ₹12,131 crore, according to data from the Ministry of Commerce. The growth reflects a robust global demand for Indian-made tyres, with exports spanning over 170 countries.

The Automotive Tyre Manufacturers Association (ATMA) reported that motorcycle tyres led the export surge, with volumes rising by 37%. Passenger car radial tyres grew by 18%, while truck and bus radials registered a 19% increase during the same period. Motorcycle tyres are the largest export category, contributing significantly to the sector’s performance.

Approximately 3.5 million motorcycle tyres were exported between April and September 2024, with Colombia emerging as the top importer in this category. The United States remains the largest overall importer of Indian tyres, accounting for 15% of the total exports. Other major importers include Brazil, Germany, UAE, France, and Italy.

Exports constitute nearly one-third of India’s tyre production value, highlighting the industry’s growing competitiveness in the global market. The sector’s steady expansion is driven by favourable trade conditions, increasing global recognition of Indian manufacturing quality, and the rise in demand across diverse geographies.

While the tyre industry has shown resilience in navigating challenges like raw material costs and global economic uncertainties, the export growth in H1 FY25 underscores India’s potential to strengthen its foothold in international markets. Tyre manufacturers continue to leverage cost advantages and enhance penetration in both established and emerging markets.