Why India is the Next Big Player in Global Car Exports

Key Points

• The most exported cars from India are the Hyundai Verna, Kia Sonet, Hyundai Grand i10, Maruti Suzuki S-Presso and Nissan Sunny. 
   
• Based on India car export data, Indian auto exports rose 14% to 2,528,248 vehicles in the first half of the fiscal year 2025.
   
• The top export destinations for Indian cars are South Africa, Mexico, Saudi Arabia, the UAE, and Chile.

India is becoming a major player in car exports, and its automotive industry has been making waves around the world. India is ready to take on long-standing automotive behemoths thanks to its strong supply chain, skilled workforce, and affordable manufacturing. 

Additionally, India's automobile industry has experienced tremendous expansion, producing 28.43 million vehicles in FY24, including passenger cars, commercial vehicles, two-wheelers, three-wheelers, and quadricycles. In this blog, we will explore why India is becoming the next big player in global car exports and what factors are driving for India car exports.

How Much Cars Are Produced in India?

With a total of 28.43 million automobiles produced in FY24, including passenger cars, commercial vehicles, three-wheelers, two-wheelers, and quadricycles, India's auto industry has experienced tremendous growth. 

In FY23, 25.9 million automobiles were produced in India annually. India's market is robust in terms of both exports and domestic demand. A total of 2,773,039 passenger vehicles, three-wheelers, two-wheelers, and quadricycles were produced in September 2024.

India’s Car Production Statistics:

• According to data from 2022, India's automobile industry is ranked fourth globally in terms of both output and valuation. In terms of sales, the Indian auto industry ranks third globally as of 2023.
   
• India produced 284.34 crore vehicles, including passenger and commercial cars, in the fiscal year 2023–2024. Compared to the 259 crore cars from the previous year, this represented an increase.
   
• In contrast, India produced 1.549 lakh passenger cars in 2023–2024 as opposed to 17.47 lakh in 2022–2023.
   
• As the first Indian carmaker to produce two million passenger cars by 2024, Maruti Suzuki India Limited has raised the bar and advanced "Make in India" objectives.
   
• In 2024, it produced 2 million units, of which 60% came from its Haryana plants and 40% from its Gujarat facilities.

Car Export From India: Key Insights & Destinations

The following information relates to Indian auto exports or auto parts export from India: 

• According to car export data, Indian auto exports rose 14% to 25,28,248 vehicles in the first half of the fiscal year 2025.
   
• India became the 23rd largest automobile exporter in the world in 2022–2023, with $6.68 billion in exports. 
   
• During that year, car export data showed that cars were India's tenth most popular export. 
   
• The top countries to which India exports cars are South Africa, Mexico, Saudi Arabia, the United Arab Emirates, and Chile. 

India Car Exports Jump 40% in January 2025

With double-digit growth in January for key segments like passenger vehicles (PVs), two-wheelers (2Ws), and three-wheelers (3Ws), the Indian auto industry has started the year with a strong export performance. Compared to January of last year, the month's total automotive exports increased by 40.2%.

PV exports increased by almost 17% to 57,585 units during the month, while 2W exports increased by 46.2% to 380,528 units and 3W exports increased by nearly 20% to 23,859 units, according to data from the Society of Indian Automobile Manufacturers (Siam).

Domestic dispatches in January were comparatively quiet: 3Ws increased 7.7% to 58,167, 2Ws increased 2.1% to 1,526,218 units, and PV dispatches remained flat at 399,386 units (up 1.6%).

Indian Automobile Export Market: 2025 Data & Trends

In January, utility vehicle (UV) exports increased by about 61.5 percent, while car exports decreased by almost 13 percent year over year (Y-o-Y). However, in the 2W category, exports of motorcycles and scooters increased during the month, with motorcycles growing by 49.7 percent and scooters increasing by 23.5 percent. 

Major original equipment manufacturers (OEMs) saw an increase in export volumes in January, including Bajaj Auto, Hero MotoCorp, Honda Motorcycle and Scooter India, Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL).

Overall, India's automobile exports increased by about 20% during the April–January period as well. PVs increased by 14.4%, 2Ws increased by roughly 23%, and 3Ws stayed unchanged. To view the actual shipments on auto parts export from India, or India car exports, explore our dashboard today. 

Most Exported Car From India

Here is the updated list for the most exported cars from India:

The Hyundai Verna and Maruti Suzuki Baleno are two of India's most popular exports, with Maruti Suzuki accounting for the majority of all passenger vehicle exports.

Here is an updated table for the top 10 cars exported from India:

So, these are the top exported cars from India. However, if you need the updated list of car exporters, auto components exports from India, car HS Codes or updated insights on car export from India, connect with Eximpedia.app. 

List of Top 10 Car Exporting Countries

Below is the list of major car exporting countries in the world: 

These are the top ten nations that export automobiles. Germany is the world's biggest exporter of automobiles, with a total export value of US$ 177.2 billion. Obtain country-specific car export data to gain more insight into India's automobile exports. 

Additionally, contact our specialized data-driven platform, Eximpedia.app, if you need statistics on automobile exports from India, top 10 cars exported from India automobile HS codes, or auto parts export from India.

Major Car Exporters in India

Below is the list of leading Indian car exporters based on car export data:

These are the leading Indian exporters of automobiles to satisfy the expanding global demand. Additionally, India is home to a sizable number of trustworthy and legitimate exporters of different types of automobiles, including vehicles. For information on India's automobile exports, India car exports, a comprehensive list of car HS codes and car export from India, contact them by going to Eximpedia.app

Why India is the Next Big Player in Car Exports?

The following are the factors that make India the next major exporter of automobiles. 

1. Cost-Effective Manufacturing

Cost-effective manufacturing is one of India's greatest advantages in the automotive industry. The nation has a robust network of suppliers for auto parts, which keeps production costs lower than in many other nations. Additionally, competitive labor costs lower the cost of Indian-made automobiles for international markets.

2. Increasing Foreign Automakers' Investment

Prominent international automakers have established manufacturing facilities in India, including Mahindra, Hyundai, Suzuki, and Tata Motors. These businesses use India as an export hub for international markets, such as those in Europe, Africa, and Latin America, in addition to serving the domestic market.

3. Strong Government Support and Policies

To increase automobile exports, the Indian government has implemented a number of policies, including the "Make in India" campaign and the Production-Linked Incentive (PLI) program. Manufacturers are encouraged by these policies to boost output and broaden their global reach.

4. Rising Demand for Indian Cars Worldwide

Indian automobiles are becoming more and more well-liked in foreign markets because of their durability, affordability, and fuel efficiency. Demand for Indian-made automobiles, particularly small cars and SUVs, is rising in Latin America, the Middle East, and Africa.

5. Expansion into Electric Vehicles (EVs)

India is increasing its production of electric vehicles in tandem with the global trend towards electric vehicles. India's position in the global auto market is being further strengthened by companies like Ola Electric, Tata Motors, and Mahindra that are concentrating on producing electric cars.

How Do I Find Global Buyers of Cars?

To find the top car buyers globally, you need to explore the Eximpedia platform and analyze global market insights such as car export data, car exporter lists, and car HS Codes. 

On the Eximpedia platform, you can analyze trade statistics on auto parts export from India and car export from India. We provide data on car export data from India, the top 10 cars exported from India, car exporters in India, car exports by country, and much more.

Last Words!

Therefore, it is indisputable that India's automotive industry is expanding and that it is becoming a major player in the global auto export market. India is poised to take the lead in global auto exports thanks to its affordable production, robust government support, and growing demand abroad. 

As the industry evolves, India's contribution to the global automobile sector is only expected to grow, making it an exciting market to watch in the coming years. However, if you need any kind of assistance regarding car export from India or India car exports, connect with our dedicated team of experts and schedule a free live demo.

Frequently Asked Questions

1. Which country imports cars from India?

Based on India car export data, India's top export destinations for cars are South Africa, Mexico, Saudi Arabia, the United Arab Emirates, and Chile. 

2. Who is the top 10 exporter of cars?

Based on car exporter data, the top 10 exporters of cars are Germany, Japan, China, and South Korea. United States, Mexico, Belgium, Spain, Canada and the United Kingdom. 

3. Which car is most exported from India?

The Maruti Suzuki Baleno and Hyundai Verna are among the most exported cars from India, with Maruti Suzuki top in overall exports.

4. Who is the biggest importer of cars?

Based on car importer data, the biggest importer of cars is the United States, with an import value of $210.3 billion in 2023.

5. Why are imported cars so expensive in India?

One of the main causes is "Tariff." Since wealthy people like expensive imported cars, the high cost of these vehicles also gives them a sense of luxury. 

Cars exported from India

Top India auto exports: Hyundai 

Top India auto exports: Maruti Suzuki

Top India auto exports: Hyundai 

Car export from India

Top car export from India to United Arab Emirates

Top car export from India to Saudi Arabia

Top car export from India to Mexico