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Hyundai's India road map: ₹45K cr, 26 models in 5 yrs
Business Standard
|October 16, 2025
Automobile major Hyundai Motor India Limited (HMIL) on Wednesday announced around ₹45,000 crore worth of investment plans over five years to fuel its next phase of growth.
José Muñoz, president and chief executive officer (CEO) of Hyundai Motor Company, said the South Korean brand's Indian arm was planning 26 product launches, including seven new nameplates, as it targets entry into the multipurpose vehicle (MPV) and off-road sport utility vehicle (SUV) segments.
Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the ₹1 trillion milestone in five years.
Addressing Hyundai's first-ever CEO-investor meet in Mumbai, Muñoz said the firm's EV localisation strategy would roll out in phases.
"We're making India a global export hub, targeting up to 30 per cent export contribution. Our commitment is comprehensive: 26 product launches, including seven new nameplates, India's first locally manufactured, dedicated electric SUV by 2027, and the launch of our luxury brand Genesis, all while treating every customer like our honoured guest," Muñoz said.
This story is from the October 16, 2025 edition of Business Standard.
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