India tyre exports rise 16% to ₹7,700 crore in Q1 FY27, led by Europe
India’s tyre exports grew 16% year-on-year to ₹7,700 crore in Q1 FY27, according to ATMA. Europe-bound shipments rose 25% to ₹3,003 crore and accounted for nearly 40% of exports, while passenger car radial tyre export value increased 21%.
What happened
Automotive Tyre Manufacturers’ Association (ATMA) · India’s tyre exports rose 16% year-on-year to ₹7,700 crore in Q1 FY27, led by a 25% increase in Europe-bound
Key facts
- Tyre exports rose 16% year-on-year to ₹7,700 crore in Q1 FY27
- FY26 record tyre exports were ₹27,312 crore
- Passenger Car Radial tyre export value increased 21%
- Exports to Europe rose 25% to ₹3,003 crore
- Europe accounted for nearly 40% of total tyre exports
- The US contributed 16% of total exports
- Indian tyres are exported to more than 170 countries
Why this matters
The Europe-led export surge strengthens the case for distribution alliances, local warehousing or capability acquisitions that deepen access to European replacement-tyre channels.
What to watch
- Monthly Europe-bound tyre shipment values and whether growth remains above total export growth.
- EU regulatory implementation timelines for deforestation traceability, carbon reporting, tyre labelling and recycling requirements.
- Natural-rubber prices, Brent crude, synthetic-rubber costs and India-Europe container freight rates.
- EUR/INR movement and exporter hedging disclosures.
- European auto registrations, replacement-tyre sell-through and distributor inventory levels.
- Any EU anti-dumping, safeguard or quality-compliance action involving Indian tyre imports.
- Capacity additions, utilisation rates and margin commentary from major Indian tyre manufacturers.
- Increase European distributor inventory, local warehousing and OEM/aftermarket account coverage in high-growth passenger-car radial categories.
- Prioritise EU compliance investments covering sustainability reporting, deforestation-linked rubber traceability, labelling, testing and carbon documentation.
- Lock in natural-rubber and freight exposure where feasible; revise export contracts to include input-cost and currency pass-through mechanisms.
- Allocate incremental capacity toward higher-value radial and premium replacement tyres rather than commodity bias-ply exports.
- Use stronger export volumes to negotiate better procurement terms and expand domestic retailer incentives for premium and EV-oriented tyre lines.