Indian tyre exports reached a record high of ₹27,312 crore during the financial year 2025-26 (FY26), reflecting a 9% growth from the previous year, according to the Ministry of Commerce. This marks the second consecutive year of growth for the sector, which has thrived despite global challenges such as geopolitical tensions and fluctuating tariffs. The United States remained the largest market for Indian tyres, accounting for 15% of total exports, although its share decreased from 17% due to increased tariffs from 25% to 50% in August 2025. However, a tariff reduction to 18% in February 2026 helped boost exports towards the end of the fiscal year. Other significant markets included Germany (7%), Italy (5%), and Brazil (5%). The Automotive Tyre Manufacturers Association (ATMA) noted that substantial domestic investments of approximately ₹30,000 crore over the last four to five years have bolstered the industry's growth. With an annual turnover of around ₹1 lakh crore, the tyre sector remains a vital part of India's manufacturing landscape, with exports constituting over 25% of total industry revenue. Future growth will depend on international trade agreements and advancements in manufacturing technology.