Core Insights - Indian automobile exports have shown significant growth in September, Q2, and the first half of the financial year for both passenger vehicles (PVs) and two-wheelers (2Ws) [1][2][3] Passenger Vehicles (PVs) - Total PV exports in September increased by 30.3% year-on-year to 87,762 units compared to 67,379 units in September 2024 [1] - In Q2, total PV exports grew by 23% year-on-year to 241,554 units, up from 196,196 units in Q2 2024 [2] - For the first half of the financial year, total PV exports rose by 18.4% year-on-year to 445,884 units, compared to 376,679 units in April-September 2024 [3] Two-Wheelers (2Ws) - Total 2W exports in September grew by 15.3% year-on-year to 429,562 units, up from 372,481 units in September 2024 [2] - In Q2, total 2W exports increased by 25% year-on-year to 1,295,468 units, compared to 1,035,997 units in the same period last year [2] - For the first half of the financial year, total 2W exports grew by 24.2% year-on-year to 2,432,410 units, compared to 1,959,145 units in H1 2024 [7] Company Performance - Maruti Suzuki India (MSIL) achieved its highest-ever monthly exports of 42,204 units, growing by 52.2% year-on-year [5] - MSIL has already crossed 210,000 units in the first half of the year and aims to reach a target of 400,000 units for the fiscal year [6] - Hyundai Motor India has set a target of achieving 30% of its production as exports by 2030, focusing on markets in the Middle East and Latin America [6][7]