Automotive Tyre Manufacturers Association (ATMA) has said that Indian tyre exports were at record high of Rs 27,312 crore in FY26, registering growth of 9% as compared to Rs 25,057 crore in the previous fiscal, despite global supply chain disruptions, elevated logistics costs and trade uncertainty.
ATMA said the United States (US) continued to be the largest export destination for Indian tyres, accounting for 15 per cent of total exports by value at Rs 4,082 crore during FY26. However, the share of the US market declined from 17 per cent in the previous year after the US administration increased tariffs on Indian tyre imports from 25 per cent to 50 per cent in August 2025. The tariff increase placed Indian tyre exports at a competitive disadvantage vis-a-vis several competing economies that continued to enjoy lower tariff barriers.
It also stated that subsequently, in February 2026, the US reduced tariffs on most Indian goods from 50 per cent to 18 per cent, offering some relief to exporters. Following the US, Germany accounted for 7 per cent of exports, while Italy and Brazil each accounted for 5 per cent, and France contributed 4 per cent.
