Hyundai Motor India targets a massive ₹450 billion investment between FY26 and FY30 aimed at expanding production capacity, accelerating EV launches, and strengthening local manufacturing. The strategy includes launching 26 new models, including 6 electric vehicles, and new hybrid powertrains, reflecting aggressive growth and innovation in a competitive Indian auto market.
Hyundai Motor India Sets Bold ₹450 Billion Investment Roadmap for Next Five Years
Hyundai Motor India Limited (HMIL) has announced comprehensive investment plans totaling ₹450 billion (₹45,000 crore) spanning fiscal years 2026 to 2030. This capital infusion will primarily fund capacity expansion, new product development, including electric and hybrid vehicles, and strengthening the company’s manufacturing footprint in the country. This aggressive investment aligns with Hyundai’s ambition to reclaim market leadership amid intensifying competition from domestic and global automakers.
The company plans to roll out 26 new models by FY30, with a mix of 20 internal combustion engine (ICE) vehicles and 6 electric vehicles (EVs), alongside the introduction of strong hybrid powertrains. These launches will include all-new models, full-generation upgrades, and enhanced variants to cater to evolving consumer preferences, especially the growing demand for SUVs and EVs in India.
Hyundai’s Managing Director, Unsoo Kim, emphasized balancing a diverse portfolio across traditional and eco-friendly powertrains to meet varied customer needs and futureproof the business. The company also aims to capture a significant share of the expanding EV market, forecasting electrics to constitute over 20% of Hyundai’s Indian sales by 2030.
Notable Updates and Major Takeaways
Investment Scale: ₹450 billion investment planned for FY26-FY30 to boost production capacity, R&D, and market expansion efforts.
Product Pipeline: Launch of 26 new vehicles including 20 internal combustion engine models, 6 EVs, and strong hybrid powertrains to diversify offerings.
Market Positioning: Renewed focus on SUVs, comprising over 68% of Hyundai India’s sales, targeting growth through premiumization and innovation.
Manufacturing Expansion: Capital will also fund expansion of plants in Pune, Tamil Nadu, Maharashtra, and the development of robotics and automation ecosystem.
Sustainability Ambitions: Commitment to eco-friendly technologies including enhanced hybrid models and locally-produced electric vehicles to align with India’s green mobility goals.
Competitive Context: Hyundai aims to regain its position as the second-largest automaker in India by launching a strong product portfolio amid stiff competition from Tata Motors, Mahindra & Mahindra, and others.
Company Outlook
Despite recent challenges in maintaining its market rank, Hyundai Motor India’s aggressive investment and innovation plans highlight strong intent to regain growth momentum. The company’s strategy to blend ICE, hybrid, and EV models aims to cater to a broad customer base while aggressively expanding its production capacity and enhancing operational efficiencies in India’s evolving automotive landscape.
Sources: The New Indian Express, Economic Times, Hyundai Global Newsroom, Financial Express
