From Korea to Karigar: Hyundai Doubles Down on ‘Make in India’ With 92% Localisation

Hyundai Motor India Limited (HMIL) is no longer just a Korean carmaker operating in India—it’s fast becoming an Indian brand in spirit and strategy. At the Bharat Mobility Global Expo 2025, Hyundai showcased its 92 percent localisation milestone and reaffirmed its commitment to India’s manufacturing and EV future.

The company has also begun local assembly of EV battery packs at its Chennai facility, with the Creta Electric becoming the first model to feature these homegrown components. Hyundai’s Talegaon plant in Maharashtra, acquired from General Motors, will further expand its domestic production footprint.

Major takeaways:

• Hyundai has achieved 92 percent localisation across its manufacturing operations in India  
• The company has saved over $672 million in forex since 2019 through indigenisation  
• Local battery pack assembly has begun, starting with the Creta Electric  
• The Talegaon plant will support Hyundai’s expansion into Tier 2 and Tier 3 markets  
• The localisation push aligns with India’s Atmanirbhar Bharat and EV adoption goals

Hyundai’s pivot signals a deeper integration into India’s economic and industrial fabric—one that goes beyond sales to long-term value creation.

Sources: Business Standard, Hyundai India Press Release, India EV News