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Hyundai to invest 45k cr, roll out 26 models
The Morning Standard
|October 16, 2025
HYUNDAI Motor India (HMIL) will invest ₹45,000 crore and roll out 26 new models by FY30.
The announcement, made by Hyundai Motor Co President and CEO Jose Munoz during HMIL's first Investor Day on Wednesday, comes as the Korean car brand faces immense competition from local car manufacturers -Mahindra & Mahindra and Tata Motors.
Further, HMIL has set a target of up to 30% export contribution, increase its revenues by 1.5 times and cross the Rs 1 lakh crore milestone by FY2030 under its 2030 growth roadmap.
Hyundai would also be introducing its luxury brand Genesis in the Indian market in 2027.
This story is from the October 16, 2025 edition of The Morning Standard.
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