India tyre exports rise 16% to ₹7,700 crore in June quarter, led by Europe demand
India’s tyre exports grew 16% year-on-year to ₹7,700 crore in April–June 2026, according to ATMA. Passenger car radial exports rose 21%, while shipments to Europe increased 25% to ₹3,003 crore, making the region nearly 40% of export value.
What happened
Automotive Tyre Manufacturers' Association (ATMA) · India’s tyre exports rose 16% year-on-year to ₹7,700 crore in the June quarter, led by PCR tyres and
Key facts
- Tyre exports rose 16% year-on-year to ₹7,700 crore in Q1 (April-June 2026)
- FY2025-26 tyre export value: ₹27,312 crore
- Passenger Car Radial tyre exports rose 21%
- Exports to Europe rose 25% to ₹3,003 crore
- Europe accounted for nearly 40% of exports
- US accounted for 16% of total export value
- Tyres exported to more than 170 countries
Why this matters
Europe’s near-40% share of Indian tyre export value makes distribution partnerships, local warehousing and targeted acquisitions in the region strategically more compelling.
What to watch
- Whether Europe remains near 40% of tyre export value in the next two quarters.
- Passenger-car radial export growth versus total tyre export growth.
- European vehicle registrations, replacement-tyre demand, and distributor inventory levels.
- Natural-rubber, crude-derived input, container freight, and INR/EUR exchange-rate movements.
- Announcements of radial capacity additions, export contracts, or new European warehousing/distribution partnerships.
- Changes in EU trade, carbon, deforestation, tire-labeling, and product-compliance requirements.
- Increase allocation toward passenger-car radial and higher-value export SKUs, especially Europe-certified products.
- Lock in European distributor and aftermarket contracts with volume commitments to convert quarterly demand into recurring sales.
- Build inventory and shipping resilience around key European routes while monitoring freight costs and delivery lead times.
- Accelerate compliance investment for European labeling, sustainability, traceability, and product-testing standards.
- Use improved export utilization to selectively defend domestic replacement-market share without broad price cuts.