Maruti Suzuki India Limited’s exports rose 59.3% in October 2026, while Mint reported shipping concerns raised by an executive, a potential logistics issue for the automaker’s export business.
A Nov. 1 filing with India’s stock exchanges put October exports at 49,872 vehicles, against 31,304 in October 2025. That is a 59.3% increase calculated from the reported totals. Maruti said overall sales reached 276,120 vehicles, its highest monthly count; EconoTimes previously covered the October sales record.
Mint reported Rahul Bharti, Maruti’s senior executive officer for corporate affairs, said the wider Middle East situation had “slightly worsened.” He also described problems on another shipping path Maruti had adopted, Mint reported, and said demand in affected markets was holding up.
Maruti’s October filing does not identify the route or quantify what effect, if any, the reported problems had on exports that month.
The October increase came after Maruti exported 108,119 vehicles during July-September 2026, below 110,487 in the year-earlier quarter. That quarter’s total was 2.1% lower year over year, based on those figures. The company linked export-market difficulties to geopolitical pressures.
In its second-quarter results, Maruti reported operating profit, or earnings before interest and taxes, of INR 28,037 million, down from INR 33,820 million a year earlier. It attributed the drop to commodity cost increases associated with the West Asia conflict.
The company said its exports exceeded 447,000 vehicles in fiscal 2025-26, up more than 34%, and reached more than 100 countries. Maruti also said it accounted for more than 48% of India’s passenger-vehicle exports through February 2026, citing SIAM data.
India’s Ministry of Commerce and Industry has said disruptions along West Asia corridors can put freight movement and insurance costs under pressure, alter delivery schedules and affect exporters’ working-capital cycles. The ministry gave no Maruti-specific cost estimate.
