India's automotive export sector faces stagnation in finished vehicles, particularly passenger cars, despite a global surge in EV trade. While auto-component exports have nearly doubled from $8.2 billion to $16.9 billion between 2015 and 2024, driven by parts and sub-assemblies, finished vehicle exports remain limited. A NITI Aayog report suggests a policy reset is needed to boost exports, as the industry remains heavily reliant on the domestic market and has a skewed export basket favoring two-wheelers and tractors over high-demand passenger vehicles.