India Car Exports March 2026 – Winners and Losers Explained

Maruti Nexa discounts Feb
Source: SUBRATA SAHA

India car exports in March 2026 recorded steady growth, with total shipments reaching 79,694 units compared to 77,456 units in March 2025. This marks a 2.89 per cent year-on-year increase, but the overall picture remains mixed with clear winners and losers across brands and models.

Top 30 Car Exports in March 2026

RankModelExports (Mar 2026)YoY Change
1Maruti Fronx7,802+3.28%
2Maruti Jimny6,738+63.46%
3Maruti S-Presso6,377+216%
4Nissan Magnite5,203-40.34%
5Hyundai Grand i105,073+35.10%
6Maruti Swift4,342-6.86%
7Maruti e Vitara4,320New
8Maruti Dzire3,694-5.89%
9Maruti Baleno3,623-7.65%
10Hyundai Verna3,172-39.84%
11Hyundai Aura2,911-11.65%
12Maruti Celerio2,141116.92%
13Toyota Hyryder206923.89%
14VW Virtus1,815-48.70%
15Maruti Victoris1,806new
16Maruti Ertiga1,74111.10%
17Mahindra XUV 3X01,59533.14%
18Honda City1,48714.03%
19Maruti Eeco1,06231.76%
20Maruti Grand Vitara996-35.53%
21Hyundai Creta90415.60%
22Honda Elevate792-75.50%
23Renault Kiger776-35.71%
24Nissan Sunny770new
25Kia Seltos76535.88%
26VW Taigun669-52.69%
27Kia Sonet668-29.09%
28Hyundai i20666106.19%
29Hyundai Alcazar660-41.07%
30Maruti Alto624112.86%

Maruti Fronx leads the export charts, while models like Jimny and S-Presso have posted strong growth. However, despite being among the top contributors, Nissan Magnite has seen a sharp decline compared to last year.

Winners in India’s Export Market

Car exports march 2026 1 1068x794
From: Rushlane.com

Maruti Suzuki continues to dominate India’s export market by a huge margin. With over 45,000 units exported in March 2026 alone, the brand accounts for more than half of total shipments.

Among individual models, S-Presso stands out with a massive 216 per cent growth, while Jimny also posted strong gains of over 60 per cent. Entry-level cars like Celerio, Alto and Hyundai i20 have also recorded triple-digit growth, showing strong demand in emerging global markets.

Toyota Hyryder and Mahindra XUV 3XO have also performed well, indicating growing acceptance of hybrid SUVs and new models in overseas markets.

Losers and Declining Models

On the other hand, several models have seen a significant drop in exports. Nissan Magnite, despite being among the top exporters, recorded a decline of over 40 per cent.

Volkswagen’s Virtus and Taigun saw sharp drops of nearly 50 per cent, reflecting weaker demand in key export markets. Honda Elevate faced one of the steepest declines, falling by more than 75 per cent.

Hyundai Verna also saw a notable drop, while models like Aura and Creta posted relatively moderate export numbers.

Overall, the March 2026 export data highlights a mixed trend. While Maruti continues to dominate and entry-level cars see strong demand, several brands are facing challenges in maintaining export volumes.

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