Export Growth - Business Outrank

Maruti and Hyundai have established strategic plans to achieve robust export growth during FY26 because they need to offset domestic market difficulties. Hyundai Motor India predicts overseas shipments will grow 7–8% while Maruti Suzuki targets a 20% increase in export volumes to reach 4 lakh units this fiscal year. The Managing Director Unsoo Kim of Hyundai declared his intention to establish India as the biggest export hub for Hyundai outside of South Korea. The company shipped 1,63,386 vehicles during FY25 while maintaining consistent export results. The growth pattern will be driven by emerging markets. Maruti Suzuki experiences strong market growth in Africa and Latin America and Southeast Asia and Japan where the Fronx and Jimny models have achieved quick success. The company reached its highest export total of 3,32,585 units in FY25 which represented 43% of India's total passenger vehicle exports. The Senior Executive Officer Rahul Bharti announced Maruti's target to reach 50% export share while indicating a change in global business direction. The company's electric vehicle (EV) initiatives will drive forward this momentum. The domestic market challenges do not deter these automakers because they maintain optimism through their strong fundamentals and SUV-focused strategies and rising international market demand.

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Maruti, Hyundai Focus on Export Growth Amid Domestic Market Pressure

Maruti, Hyundai Focus on Export Growth Amid Domestic Market Pressure

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