Top 10 Exporters in India 2024

India's export landscape in 2024 continues to be dominated by major industry players across various sectors, from automotive giants to leaders in the diamond and jewelry markets. Companies like Maruti Suzuki, Bajaj Auto, and TVS Motor stand out with their significant contributions to vehicle exports, while Kiran Gems Pvt Ltd shines as a key player in the luxury goods sector.

These top exporters not only contribute to India's global trade but also cater to diverse international markets, ranging from South Africa and the United States to Bangladesh and Brazil, reinforcing India's position as a global export powerhouse.

Top 10 Exporters in India 2024

The following insights are based on data from Trademo Intel, a global trade data platform, showcasing the top 10 exporters in India by shipment volume.

1. Maruti Suzuki India Ltd

Maruti Suzuki India Ltd continued to maintain its strong presence in the Indian automotive industry in 2024, handling approximately 407,011 shipments valued at $2.56 billion.

The company primarily exports vehicles and vessels, leading to a total of 1.41 million shipments. Other major export categories include machinery and mechanical appliances, contributing 367.48K shipments; plastic and rubber articles, with 101.75K shipments; glass and glassware, totaling 43.48K shipments; and articles of base metal, accounting for 35.31K shipments.

Maruti Suzuki’s top export destinations include South Africa, leading with an impressive 31.49 million shipments. Indonesia follows with 21.42 million shipments. Other key markets include Chile, with 126.2K shipments; Germany, receiving 119K shipments; and the Philippines, accounting for 80.63K shipments. These figures underscore Maruti Suzuki’s strong global presence, catering to diverse markets with a wide range of products.

2. Bajaj Auto Ltd

Bajaj Auto Ltd stands as one of the largest two-wheeler manufacturers in India, achieving approximately 391,721 units shipped in 2024, with a total value exceeding $1.01 billion.

The company's export portfolio is diverse, prominently featuring vehicles and vessels, which account for an impressive 1.50 million shipments. Additionally, Bajaj Auto exports a significant volume of machinery and mechanical equipment, totaling 500K shipments, showcasing its role in providing essential industrial solutions. Articles made of base metals contribute 190.17K shipments, while plastic and rubber articles reach 146.40K shipments, reflecting the company’s versatility in product offerings. Glass products also find their place in the export lineup, with shipments totaling 26.48K.

The primary destinations for Bajaj Auto's exports include Bangladesh, leading the way with 343.62K shipments, highlighting strong demand in the South Asian market. Colombia follows closely with 244.76K shipments, indicating a growing presence in Latin America. Other key markets include Peru, with 175.68K shipments; Brazil, contributing 156.46K shipments; and Mexico, with a total of 133.77K shipments. These figures underscore Bajaj Auto's substantial reach and influence across various global markets, solidifying its position as a key player in the international automotive landscape.

3. Kiran Gems Pvt Ltd

Kiran Gems Pvt Ltd is a prominent player in India’s diamond and jewelry export industry, handling approximately 306,206 shipments valued at $507.49 million in 2024. The company specializes in the export of precious and semi-precious stones and metals, with total shipments reaching an impressive 1.65 million.

Kiran Gems directs a significant portion of its exports toward key markets for luxury goods, including Hong Kong, which leads with 741.34K shipments. The United States follows closely with 520.51K shipments, making it a major importer of polished diamonds. Belgium contributes 147.74K shipments, while the UAE accounts for 140.14K shipments. Additionally, Israel is included in Kiran's export destinations with a total of 35.1K shipments. These figures highlight Kiran Gems' substantial influence and reach within the global luxury goods market, solidifying its position as a leader in the diamond and jewelry export sector.

4. Nissan Motor India Pvt Ltd

Nissan Motor India Pvt Ltd achieved a significant export volume in 2024, handling approximately 306,202 shipments valued at $338.42 million.

The company primarily exports vehicles and vessels, leading to a total of 1.13 million shipments. Other key export categories include plastic and rubber articles, contributing 381.62K shipments; articles of base metal, with 298.10K shipments; machinery and mechanical equipment, accounting for 248.77K shipments; and miscellaneous manufactured articles, totaling 87.89K shipments.

The company's top export destinations include Egypt, which leads with an impressive 1.73 million shipments. The Netherlands follows with 78.78K shipments, while South Africa receives 74.54K shipments. Other important markets for Nissan Motor India are the Philippines, with 67.34K shipments, and Japan, accounting for 49.71K shipments. These figures reflect Nissan Motor India’s robust global presence, catering to diverse markets with high demand for its reliable and innovative products.

5. TVS Motor Co Ltd

TVS Motor Co Ltd remains a leading force in India's two-wheeler manufacturing sector, exporting around 292,638 shipments valued at an impressive $4.28 billion in 2024.

The company’s exports are primarily focused on vehicles, which account for 291.7K shipments, alongside mineral fuels, contributing 442 shipments.TVS Motor has established a strong presence in several international markets, with Indonesia leading as the top export destination, accounting for 71.04K shipments. Brazil follows with 36.57K shipments, reflecting the company's growing influence in Latin America. Other key markets include Turkey, with 34.45K shipments; Sri Lanka, contributing 30.37K shipments; and Colombia, with 19.31K shipments.

These figures highlight TVS Motor's global reach and its ability to provide affordable and efficient transportation solutions to diverse regions, solidifying its position as a key player in the international two-wheeler industry.

6. Mobis India Ltd

Mobis India Ltd is a significant exporter of automotive components, achieving approximately 218,265 shipments valued at $72.57 million in 2024.

The company's primary exports include vehicles and vessels, which account for 113.8K shipments. Additionally, Mobis India specializes in machinery and mechanical parts, contributing 52.20K shipments; articles of base metal, with 22.50K shipments; plastic and rubber articles, totaling 16.49K shipments; and glass and glassware, reaching 8.86K shipments.

The company's top export destinations include the UAE, which leads with 47.09K shipments, followed by South Africa with 35.60K shipments. Mexico accounts for 21.90K shipments, while the United States receives 19.52K shipments. Vietnam also represents a key market with 11.66K shipments. These figures underscore Mobis India’s robust presence in the global automotive supply chain, providing essential components for vehicle assembly and repair across various regions.

7. India Yamaha Motor Pvt Ltd

India Yamaha Motor Pvt Ltd exported approximately 216,790 shipments in 2024, with a total value of $214.84 million.

Yamaha’s primary exports include vehicles and vessels, accounting for 144.23K shipments. Additionally, base metal articles make up 37.41K shipments, followed by machinery with 23.36K shipments. Plastic and rubber articles contribute 7.05K shipments, while paper or paperboard adds 2.00K shipments to the company’s export portfolio.

The top countries to which India Yamaha Motor exports include Bangladesh, leading with 79.87K shipments, followed by Brazil with 62.75K shipments. Other key markets include Colombia with 24.09K shipments, the U.S. with 20.67K shipments, and Taiwan with 5.6K shipments. These figures highlight Yamaha's broad global reach and the growing demand for its vehicles across diverse regions.

8. Hero Motocorp Ltd

Hero Motocorp Ltd, the world’s largest two-wheeler manufacturer, achieved around 177,389 shipments in 2024, valued at approximately $118.25 million.

The company primarily exports vehicles, accounting for 94.42K shipments, along with articles of base metal, contributing 33.49K shipments. Other key export categories include machinery and mechanical appliances, with 30.89K shipments; plastic and rubber articles, totaling 14.22K shipments; and glass and glassware, with 1.95K shipments.

Hero Motocorp's top export destinations include Bangladesh, which leads with 120.4K shipments. Colombia follows with 13.38K shipments, while Sri Lanka accounts for 8.2K shipments. Other notable markets include Guatemala, with 5.69K shipments, and Mexico, with 4.66K shipments. These figures reflect Hero’s strong global presence and the high demand for its reliable and cost- effective two-wheelers across diverse regions.

9. Honda Motorcycle & Scooter India Pvt Ltd

Honda Motorcycle & Scooter India Pvt Ltd, a key player in India’s two-wheeler export industry, recorded approximately 165,630 shipments in 2024, valued at $238.06 million.

The company’s primary exports include vehicles and vessels, accounting for 94.42K shipments, followed by base metal articles with 33.49K shipments. Other significant export categories include machinery and mechanical appliances, contributing 30.84K shipments; plastic and rubber goods, with 14.22K shipments; and glass and glassware, totaling 1.95K shipments.

Honda’s top export destinations are led by Bangladesh, which accounts for 120.4K shipments. Other key markets include Colombia with 13.38K shipments, Sri Lanka with 8.2K shipments, Guatemala with 5.69K shipments, and Mexico with 4.65K shipments. These figures underscore Honda’s global reach and the strong demand for its efficient and durable two-wheelers across a range of international markets.

10. Honda Cars India Ltd

Honda Cars India Ltd, a leading exporter of passenger vehicles from India, completed approximately 150,787 shipments in 2024, with a total export value of $477.2 million. The company's key exports consist of vehicles and vessels, accounting for 99.47K shipments. In addition to vehicles, Honda also exports machinery and mechanical appliances, totaling 26.16K shipments, followed by base metal articles with 12.01K shipments. Other notable export categories include plastic and rubber goods, with 10.06K shipments, and glass and glassware, contributing 1.38K shipments.

The top destinations for Honda’s exports showcase the company’s extensive global footprint. Brazil leads the way with 15.68K shipments, followed by Bangladesh with 13.97K shipments. Colombia receives 11.74K shipments, while Sri Lanka accounts for 11.04K shipments, and Guatemala rounds out the list with 10.05K shipments. These figures highlight Honda’s reputation for producing reliable and fuel-efficient vehicles, which continue to be in demand across diverse regions such as Latin America, South Asia, and Southeast Asia.