Home / Business / Business News / Article / Hyundai Motor India announces Rs 45,000 crore investment plan through FY2030

Hyundai Motor India announces Rs 45,000 crore investment plan through FY2030

As part of its 2030 roadmap, Hyundai plans to launch 26 new models in India, including seven entirely new nameplates. This expansion will mark the company’s entry into the multi-purpose vehicle (MPV) and off-road SUV segments

Listen to this article :
Hyundai plans to introduce its premium luxury brand, Genesis, in the Indian market the by 2027. Representational Pic

Hyundai plans to introduce its premium luxury brand, Genesis, in the Indian market the by 2027. Representational Pic

Hyundai Motor India Limited (HMIL) has unveiled a major investment plan of Rs 45,000 crore by FY2030 to accelerate its next phase of growth, strengthen localisation efforts, and enhance manufacturing capabilities in India. The announcement comes as the company marks 29 years of operations in the country.

According to the news agency ANI, the strategic roadmap was shared during Hyundai's first-ever Investor Day, held on Wednesday. Jose Munoz, President and CEO of Hyundai Motor Company (HMC), announced the plan, highlighting India’s growing importance in Hyundai’s global portfolio. He stated that by 2030, India is expected to become the company’s second-largest region worldwide, aligning with Prime Minister Narendra Modi’s 'Make in India' initiative.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement