Regardless that passenger car chief Maruti Suzuki’s home market wholesales, at 8,44,614 items had been down 3 p.c YoY within the April-September 2024 interval, the corporate is driving a wave of export demand. Within the first-half of FY2025, Maruti Suzuki has shipped a complete of 1.47,063 vehicles, SUVs and MPVs, up 12 p.c YoY. This quantity is 52 p.c of its report export gross sales of two,80,712 items in FY2024, and ensures that the carmaker is more likely to retain the title of ‘India’s high PV exporter’ for the fourth fiscal yr in a row.
- Maruti SUVs, MPVs account for 50 p.c of exports in H1 FY2025
- Hyundai retains no. 2 spot regardless of 1 p.c drop in exports
- Honda is the second-highest SUV, MPV exporter with over 10,600 items
Maruti Suzuki exports: FY2025 first half
As per export information launched by business physique SIAM, a complete of three,76,679 items had been exported in April-September 2024, up 12 p.c YoY (H1 FY2024: 3,36,754 items), which supplies Maruti Suzuki a 39 p.c share of whole made -in-India passenger car exports.
The corporate, which exports to just about 100 nations and sees Africa, Latin America, Asia and the Center East are its key markets, at the moment exports 18 fashions with the Fronx being the newest to hitch the export portfolio. Whereas exports of hatchbacks and sedans at 70,510 items had been down 30 p.c YoY, the automaker shipped additionally 111 Eeco vans in H1 FY2025. UVs – 72,908 items and up 179 p.c – accounted for 50 p.c of Maruti exports, clearly establishing their comparable significance each within the home and export markets for the corporate. What has added tailwind to SUV exports is the kicking off of abroad shipments of the Grand Vitara and, in early August, of the Fronx compact SUVwhich has now been launched in Japan. Different Maruti fashions with excessive export demand embrace the Brezza SUV, Dzire sedan, and the Swift, S-Presso and Baleno hatchbacks.
Hyundai exports: FY2025 first half
Hyundai Motor India, with exports of 84,900 items, sees a YoY decline of 1 p.c. The corporate, which misplaced the highest exporter title to Maruti Suzuki in FY2022, has been stretched for manufacturing capability and has targeted on catering to demand within the home market. In FY2024, the corporate’s manufacturing crops in Chennai operated at 97.10 p.c of its whole capability. With further capability coming its approach with the acquisition of GM India’s Talegaon plantwhich is predicted to start industrial operations partly within the second half of FY2026, Hyundai will likely be higher positioned to cater to exports within the coming years.
The i20 is amongst Hyundai’s most exported fashions.
Hyundai’s high exports included i10 and i20 hatchbacks, and the Aura sedan (42,546 items, down 3 p.c), the brand new sixth-generation Verna sedan (27,061 items, up 6 p.c), Venue and Exter SUVs (8,927 items, up 6 p.c) , the flagship Alcazar SUV (4,702 items, down 19 p.c) and the Creta SUV (1,664 items, down 34 p.c).
Volkswagen exports: FY2025 first half
The massive information is although is Volkswagen India, which witnessed sturdy export demand in FY2024 (44,180 items), has shipped 35,079 vehicles and SUVs in April-September 2024, up 74 p.c and strikes as much as No. third place from no. 4 in Q1 FY2025 and FY2024. Midway into FY2025, VW India is now solely 9,101 items shy of its FY2024 exports.
Main the cost for the German carmaker is the made-in-India Virtus the worldwide sedan with 24,733 items, up 84 p.c (H1 FY2024: 13,459) and the Taigun midsize SUV with 10,346 items, up 53 p.c (H1 FY2024: 6,747). Each the fashions are constructed on VW’s MQB-AO-IN platform (as are Skoda Auto India’s Slavia sedan and Kushaq SUV).
Nissan exports: FY2025 first half
Nissan Motor India, with 33,059 items, up 64 p.c, is ranked fourth on the PV export ladder-board. The Sunny sedan continues to be its high export mannequin with 26,764 items, (up 56 p.c), adopted by the Magnite SUV (6,295 items, up 112 p.c YoY). On June 29, the corporate crossed the cumulative export milestone of 1.1 million items, with a Magnite being the milestone SUV shipped from the Ennore Kamarajar Port.
Honda exports: FY2025 first half
Honda Automobiles India, which was in third place in Q1 FY2025 with 18,009 items, is now right down to No. 5 in H1 FY2025 with 31,775 items, up 229 p.c on H1 FY2024’s 9,669 items. The Japanese carmaker, which is again within the SUV sport with the Elevate, has obtained an enormous enhance with exports of the made-in-India WR-V (the rebadged Elevate SUV). At 22,557 items exported, the Elevate accounts for 71 p.c of Honda’s exports in H1 FY2025. Different exports comprise the Metropolis (8,678 items) and the Amaze (540 items).
Honda is the second-highest UV exporter – the ten,659 Elevates/WR-Vs in Q1 FY2025 give it a UV export share of 14 p.c of whole exports of 76,281 items by India UV Inc. Since August 2023, when Elevate exports to Japan started, HCIL has shipped a complete of 61,863 items. The Elevate has additionally eclipsed Metropolis sedan exports (7,080 items) in Q1 FY2025.
Kia exports: FY2025 first half
Kia India, which was the No. 3 PV exporter in FY2024 (52,105 items, down 39 p.c) is now right down to No. 6 place in H1 FY2025. The 14,828 items represent a marked 62 p.c YoY decline (H1 FY2024: 39,247 items). Numbers have been dragged down due to the YoY decline in its high two export fashions – the Sonet (6,439 items, down 74 p.c) and Seltos (3,362 items, down 67 p.c). The Carens MPV, nonetheless, has bucked the development with shipments of 5,027 items, up 14 p.c YoY.
Toyota exports: FY2025 first half
Toyota Kirloskar Motor, which has elevated manufacturing capability at its crops in Bidadi, Karnataka, retains its seventh rating (as of FY2024) in H1 FY2025 with 12,288 items, up 49 p.c YoY (H1 FY2024: 8,264). The export fashions are each UVs – the Rumion MPV and the City Cruiser Hyrider.
Citroën exports: FY2025 first half
PCA Motors, the maker of Citroen vehicles in India, which had dispatched 3,278 items overseas in FY2024, has exported 2,259 items in H1 FY2025, up 105 p.c. On April 11, 2024, Citroen India dispatched the inaugural cargo of 500 items of the made-in-India Citroen e-C3 hatchbacks to Indonesia from Kamarajar Port to change into the primary multinational carmaker in India to export EVs.
Tata exports: FY2025 first half
Tata Motors, with 1,512 items, shipped 109 items extra in H1 FY2025 than it did within the year-ago interval.
Export numbers in H1 FY2025 bode properly for whole exports
Provided that FY2024 exports, at 6,72,105 items, had been up simply 1.4 p.c YoY, India Passenger Car Inc’s whole abroad shipments of three,76,679 items, that are a 12 p.c YoY enhance, represent a great opening quarter for FY2025 and augur properly for the continuing fiscal. On the midway stage in FY2025, the distinction stands at 2,95,426 items.
India PV Inc’s best-ever export yr was FY2017 when a complete of seven,58,830 items had been shipped abroad (with Hyundai Motor India, Maruti Suzuki and Nissan Motor India main the cost). PV exports had slid to their lowest stage – 4,04,400 items – previously 10 years in FY2021.
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Kanishk Singh has always had a keen interest in fast-paced cars. For the past three years, he has been writing about automobiles, but his fascination with cars dates back even further. He thoroughly enjoys learning about their features and expressing his thoughts through his writing. Kanishk also has a profound interest in the stock market, shares, and business strategies. He possesses a wealth of knowledge on these subjects and consistently writes articles on them. Currently, he is working as a writer for Lattestnews24, specifically focusing on the Automobile, Finance, and Business categories. His well-crafted words are highly appreciated by the readers, as they find them both informative and creative.