The Society of Indian Automobile Manufacturers (SIAM) has said that automobile exports from India rose 22 per cent year-on-year in the April-June quarter of current financial (Q1FY26) year driven by record shipment of passenger vehicles and robust growth in segments like two-wheelers and commercial vehicles.
It stated total exports across segments rose to 14,57,461 units in the first quarter as compared to 11,92,566 units in April-June quarter of last financial year. Passenger vehicles saw the highest-ever exports in the first quarter at 2,04,330 units, a growth of 13 per cent compared to 1,80,483 units in the same period last year.
Export growth in this segment was driven by stable demand across most markets, with strong performance in the Middle East and Latin America. It noted revival in neighbouring markets like Sri Lanka and Nepal, rising demand from Japan, and growing exports under FTAs such as Australia also contributed to the overall uptick.
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