Indian tire exports rise 9% to €2.5bn

Kochi, India – Indian tire exports rose 9% year-on-year in the 2024-25 fiscal year (ended 31 March), according to the country’s Automotive Tyre Manufacturers Association (ATMA).

In a 5 July social media post, ATMA said it recently held a press day in Kochi, sharing insights on export performance, industry investment and key growth drivers with the media.

Citing official statistics data by the ministry of commerce, the association said tire exports were over INR250 billion (€2.5 billion) during the fiscal year.

Overall turnover of the industry exceeded INR1,000 billion, the association added.

The US remained the top export destination for Indian tires, with other key markets including Germany, Brazil, the UAE, and France, according to the ministry of commerce data.

“Tire sector is on a strong growth trajectory, supported by innovation, sustainability, and global competitiveness,” said the ATMA post, without offering further details.