Arun Mammen, Chairman, ATMA addressing press meet in Kochi. Also seen: Rajeev Budhraja, Director General, ATMA and Mohan Kurien, Chairman, Inroad Project.
India’s tyre exports surged by 9 per cent, registering ₹25,051 crore in FY25 against ₹23,073 crore in the previous fiscal.
The tyre industry attributed its growth to sustained investment capacities, robust manufacturing activity, and focused R&D. The resilience in export performance has been achieved despite significant headwinds, ranging from trade policy uncertainties and geopolitical risks to global supply chain disruptions, said the Automotive Tyre Manufacturers Association (ATMA).
“The tyre industry has exhibited remarkable resilience and growth post the Covid-19 downturn. Over the past 3–4 years, tyre manufacturers have invested approximately ₹27,000 crore across greenfield and brownfield projects, underscoring their strong belief in India’s economic trajectory,” Arun Mammen, Chairman, ATMA, said.
Quoting the PwC Vision document, he said the Indian tyre industry is expected to grow at a CAGR of 11-12 per cent until 2047. Rising domestic demand, increasing export potential, and ongoing technological advancements are key drivers of this sustained momentum.
Speaking to reporters in Kochi on Wednesday, Mammen said Indian tyres are currently exported to over 170 countries, with significant presence in the US, European Union, Latin America, and Southeast Asia.
The industry is closely monitoring the situation regarding potential US tariffs. “We strongly advocate fair trade practices and a level playing field. At the same time, the Indian tyre industry remains committed to diversifying its export markets and sustaining growth”, he added.
India has significant potential to further enhance tyre exports through competitive pricing, quality assurance, branding initiatives, and greater alignment with international certifications and standards. However, ensuring adequate access to natural rubber remains a critical prerequisite for scaling up production and exports.
Currently, nearly 40 per cent of the industry’s NR requirement is met through imports due to limited domestic availability. Most of the domestically produced NR is absorbed by domestic consumers, leaving negligible volumes for export, he said.
To address this gap, the tyre industry has partnered with the Rubber Board to launch Project INROAD. Backed by ₹1,100 crore in funding from four leading ATMA member companies, the project aims to bring 2 lakh hectares of land under NR plantation, while also providing infrastructure and skilling support in India’s rubber-growing regions.
Published on July 2, 2025