Export concentration in autos
- Analysis shows Maruti Suzuki and Hyundai together accounted for 70.03% of India’s 905,200 vehicle exports in FY26. - The combined share underlines how a few OEMs dominate export volumes and supplier sourcing patterns. - Export business tends to flow to suppliers with repeatability, documentation and audit‑ready processes. (tradebrains.in)
Two carmakers accounted for about 70% of India’s passenger-vehicle exports in fiscal 2025-26, tightening their grip on one of the industry’s fastest-growing channels. (siam.in; tradebrains.in) The Society of Indian Automobile Manufacturers said passenger-vehicle exports reached a record 9.05 lakh units in FY 2025-26, up 17.5% from FY 2024-25, with demand steady across the Middle East, Africa and Latin America. (siam.in) TradeBrains, citing Society of Indian Automobile Manufacturers data, said Maruti Suzuki India and Hyundai Motor India together made up 70.03% of those 905,200 exports in FY26, up from 64.05% a year earlier. (tradebrains.in) Maruti Suzuki said it exported 332,585 vehicles in FY 2024-25, a 17.5% increase from 283,067 a year earlier, and said it held nearly 43% of India’s passenger-vehicle exports. Hyundai Motor India reported 163,570 export cars produced and 163,386 export sales in its 2024-25 annual report. (marutisuzuki.com; hyundai.com) That split shapes more than factory output. Carmakers that ship at scale tend to lock in suppliers that can deliver the same part to the same standard across markets, while also meeting buyer paperwork, audits and traceability requirements that export programs demand. (siam.in; tradebrains.in) The gap with Indian rivals is wide. TradeBrains said Nissan India lifted the top three exporters to 80% of total passenger-vehicle exports in FY26, while Tata Motors and Mahindra & Mahindra together accounted for 3.2%. (tradebrains.in) Tata Motors’ export constraints are not only about product mix. TradeBrains reported that West Asia shipping disruptions and higher fuel costs have hurt exports, citing comments from Tata Motors Commercial Vehicles Managing Director Girish Wagh about a logistical breakdown in the region. (tradebrains.in) Maruti Suzuki is already positioning India as a bigger export base. In its April 1, 2025 statement, the company said it would begin exporting the e VITARA in FY 2025-26 to about 100 countries, including Europe and Japan. (marutisuzuki.com) As India’s passenger-vehicle exports hit a record in FY26, the growth is becoming more concentrated, not less. That leaves suppliers, smaller automakers and domestic brands competing for a slice of a market increasingly controlled by a few high-volume exporters. (siam.in; tradebrains.in)
