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Rising automobile exports are reflective of the expanding acceptance of India-manufactured vehicles crossed planetary markets, according to Economic Survey 2025-26.
The automobile manufacture witnessed tremendous maturation successful exports, with much than 53 lakh vehicles shipped crossed passenger, commercial, two-wheeler, and three-wheeler segments successful the FY25 and posting double-digit maturation successful the archetypal fractional of 2025-26, it noted.
Economic Survey 2025-26 updates | LIVE
A robust demand-side betterment has driven some accumulation maturation and income successful the post-pandemic period, the survey stated.
Overall, the manufacture has recorded astir 33% maturation successful accumulation implicit the past decennary (from FY15 to FY25), it added.
Supported by a immense manufacturing and car constituent ecosystem, the automobile manufacture provides nonstop and indirect employment to implicit 30 cardinal radical accounting for astir 15 per cent of the country’s GST collections, it added.
The automotive manufacture is simply a important operator of economical growth, with India established arsenic the world’s largest marketplace for two-wheelers and three-wheelers and the third-largest marketplace globally for rider and commercialized vehicles, the Survey said.
Besides, authorities initiatives similar PLI Scheme for Automobile & Auto Components Industry, PLI strategy for ‘National Programme connected Advanced Chemistry Cell (ACC) Battery Storage, PM E-DRIVE Scheme, and PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme person driven important maturation successful Electric Vehicle registrations successful caller years, the Survey stated.
Scheme to Promote Manufacturing of Electric Passenger Cars successful India (SMEC), notified successful March 2024, is besides helping the maturation of the sector, it noted. Finance Minister Nirmala Sitharaman connected Thursday (January 29, 2026) tabled the Economic Survey 2025-26 successful the Lok Sabha, an yearly study paper of the country's economical show successful the fiscal year.
