India tyre exports rise 16% to ₹7,700 crore in Q1, led by Europe demand
India’s tyre exports grew 16% year on year to ₹7,700 crore in April-June 2026, according to ATMA. Europe contributed nearly 40% of export value, rising 25% to ₹3,003 crore, while passenger-car radial tyre exports gained 21% in value terms.
What happened
Automotive Tyre Manufacturers' Association (ATMA) · India's tyre exports rose 16% year-on-year to ₹7,700 crore in Q1 FY2026-27, led by PCR tyres and European
Key facts
- Tyre exports rose 16% year-on-year to ₹7,700 crore in Q1 (April-June 2026)
- FY2025-26 tyre export value was a record ₹27,312 crore
- Passenger Car Radial tyre exports increased 21% in value terms
- Exports to Europe rose 25% to ₹3,003 crore
- Europe accounted for nearly 40% of total tyre exports
- The US accounted for 16% of total export value
- Indian tyres are exported to more than 170 countries
Why this matters
Target European distributors, fleet accounts and local warehousing partnerships to capture demand momentum while reducing reliance on intermediated export channels.
What to watch
- Europe quarterly replacement-tyre demand, vehicle registrations, and distributor inventory levels.
- Share of passenger-car radial tyres in export volume and realization per tyre.
- Euro-rupee movement, container/freight rates, and rubber, carbon-black, and crude-linked input costs.
- EU regulatory developments on deforestation traceability, carbon border measures, tyre labeling, and anti-dumping actions.
- Indian tyre-plant utilization, export order backlog, and announced PCR capacity additions.
- Whether Europe remains near 40% of export value or export growth broadens to North America, Africa, and Latin America.
- Increase production allocation toward passenger-car radial and other Europe-certified export SKUs while protecting domestic replacement-market supply.
- Lock in European distributor contracts, localized inventory arrangements, and freight capacity before seasonal demand peaks.
- Accelerate compliance work on EU tyre labeling, traceability, sustainability reporting, and prospective carbon-related requirements.
- Hedge euro-rupee and freight-rate exposure; use export growth to negotiate longer-term raw-material contracts.
- Assess debottlenecking and capacity additions only where order visibility and utilization support returns above domestic alternatives.