India’s tyre exports rose 16% year-on-year to ₹7,700 crore in Q1FY27 (April–June) despite geopolitical uncertainty, supply-chain disruptions and higher input and logistics costs, according to the Automotive Tyre Manufacturers’ Association (ATMA). The strong performance follows a record ₹27,312 crore of tyre exports in FY26. Passenger Car Radial (PCR) tyres performed particularly well, with exports increasing 21% in value terms from the year-ago period. Europe was a major growth driver, with exports to the region rising 25% to ₹3,003 crore, accounting for nearly 40% of India’s total tyre exports. The US remained the largest individual market, contributing 16% of export value. Impact on Stock Market This is positive for Indian tyre manufacturers, as stronger exports can support revenue growth, capacity utilisation and foreign-exchange earnings. Companies with significant export exposure could benefit from expanding overseas demand. Potential beneficiaries: MRF Apollo Tyres CEAT JK Tyre & Industries However, higher natural rubber, crude-linked raw material, freight and logistics costs could limit the improvement in margins. Continued geopolitical or trade-related disruptions also remain risks. Overall: 🟢 Positive for the Indian tyre sector, particularly export-oriented companies, provided input costs remain manageable.

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