Auto exports firing on all cylinders in September, Q2 and H1 2025 with double digit growth

Automobile exports from India have shown growth path not only monthly wise in September, but also in the second quarter (Q2) and in the last six months (first half of the financial year) for both passenger vehicles (PVs) and two-wheelers (2Ws).

The latest numbers shared by Society of Indian Automobile Manufacturers (SIAM) indicated that the total PV exports grew by 30.3 per cent year-on-year (y-o-y) to 87,762 units in September as compared with 67,379 units in the same month last year.

Similarly, the total 2W exports grew by 15.3 per cent y-o-y to 4,29,562 units during the month as against 3,72,481 units in September 2024.

Quarter wise, the total PV exports grew by 23 per cent y-o-y to 2,41,554 units between July and September as compared with 1,96,196 units in the Q2 2024, the SIAM report showed.

In the 2W segment, the total exports grew by 25 per cent y-o-y to 12,95,468 units in July-September quarter as compared with 10,35,997 units in the corresponding period last year.

“A very strong exports growth, in all segments in Q2, indicates the growing brand acceptance on Indian made vehicles. Looking ahead, the outlook for the sector remains encouraging on the back of key tailwinds,” Shailesh Chandra, President, SIAM said.

In the first half (H1) of this financial year too, the total PV exports grew by 18.4 per cent y-o-y to 4,45,884 units as compared with 3,76,679 units in April-September 2024.

Companies like Maruti Suzuki India (MSIL), Hyundai Motor India and Honda Cars India, showed growth in these months.

“Maruti Suzuki has achieved its highest-ever monthly exports of 42,204 units, growing at a whopping 52.2 per cent y-o-y. We are exporting cars in a quarter what we used to export in a year, just four years ago. In the first half of this year, we have already crossed 2.1 lakh units. In August and September we shipped over 6,000 electric vehicles,” Rahul Bharti, Senior Executive Officer, Corporate Affairs, MSIL, had recently said during monthly sales call.

He also added that the company was on course to achieve its target of four-lakh units this fiscal year, way before closing of the year. The company exports to more than 100 countries with maximum volumes coming from Fronx, Jimny, Swift, Baleno, and Dzire.

Similarly, for Hyundai Motor India exports has been a key focus since its inception 30 years ago and now has a target of 30 per cent exports from its plants in India by 2030.

“The regions of the Middle East and Latin America, they receive a lot of product from India…So, I think our models, we are competitive, we will be able to achieve 30 per cent and perhaps more from exports by 2030,” José Muñoz, President and Chief Executive Officer, Hyundai Motor Company said.

In the 2W segment too, the total exports grew by 24.2 per cent y-o-y to 24,32,410 units during April-September as compared with 19,59,145 units in H1 2024.

Published on October 16, 2025