Hyundai & Maruti Suzuki Set Ambitious Export Targets for FY26 Amid Market Challenges

India’s top automakers, Hyundai Motor India and Maruti Suzuki, are gearing up for strong export growth in FY26, despite domestic market uncertainties. Hyundai aims for a 7–8% increase in exports, while Maruti Suzuki is targeting a 20% surge, with plans to ship 4 lakh units globally2.

 

Hyundai, celebrating 25 years of exports, is positioning India as its largest export hub outside South Korea. The company has shipped over 3.7 million vehicles since 1999, with Saudi Arabia, South Africa, Mexico, Chile, and Peru among its top markets. Meanwhile, Maruti Suzuki is leveraging strong demand in Japan, where its Jimny and Fronx models have gained traction.

 

Despite border tensions affecting domestic sales, Maruti Suzuki’s exports have offset losses, with an 80% growth in shipments in May alone. Hyundai, on the other hand, is expanding its Creta Electric exports, reinforcing its commitment to EV adoption.

 

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Source: Hyundai’s Export Strategy | Maruti Suzuki’s Growth Plans