India's Record Tyre Exports FY26

Indian tyre exports reached a record high of Rs 27,312 crore in FY2025-26, marking a 9% increase from the previous year. This growth occurred despite global supply chain disruptions, elevated logistics costs, and trade uncertainties. The United States remained the largest export destination, though its market share fluctuated due to tariff adjustments; tariffs were initially raised from 25% to 50% in August 2025, then reduced to 18% in February 2026. Other key export markets included Germany, Italy, Brazil, and France. The Automotive Tyre Manufacturers Association attributed this resilience to substantial domestic capital investment, with manufacturers investing approximately Rs 30,000 crore in greenfield and brownfield projects over the past four to five years, reinforcing India's position as a global manufacturing hub.