New Delhi: Indian tyre exports were at record high of Rs 27,312 crore in FY2025-26, with the US being the largest export destination for the segment, Automotive Tyre Manufacturers Association (ATMA) said on Wednesday, citing data released by the commerce ministry.
The exports were higher by 9 per cent when compared to Rs 25,057 crore a year ago.
"The robust export performance comes despite significant disruptions in global supply chains, elevated logistics costs, and trade-related uncertainties across major markets," said Arun Mammen, Chairman, ATMA.
The US remained the largest export destination for Indian tyres, accounting for 15 per cent of total exports by value at Rs 4,082 crore during FY2025-26.
However, the share of the US market moderated from 17 per cent in the previous year following the decision of the US administration in August 2025 to raise tariffs on Indian tyre imports from 25 per cent to 50 per cent.
"The tariff increase placed Indian tyre exports at a competitive disadvantage vis-a-vis several competing economies that continued to enjoy lower tariff barriers. Subsequently, in February 2026, the US reduced tariffs on most Indian goods from 50 per cent to 18 per cent, providing relief to exporters," it added.
After the US, the leading export destinations for Indian tyres during FY2025-26 among over 170 nations include Germany (7 per cent), Italy (5 per cent), Brazil (5 per cent), and France (4 per cent).
"The tyre industry has exhibited remarkable resilience and growth in the post-pandemic period. Over the last four to five years, tyre manufacturers have invested approximately Rs 30,000 crore across greenfield and brown-field projects, reflecting strong confidence in India's long-term economic prospects and its emergence as a global manufacturing hub," Mammen stated.
With an estimated annual turnover of about Rs 1 lakh crore, the tyre industry remains one of the country's leading manufacturing sectors.
