Hyundai Motor Group Investment in India: $15.5 Billion by 2032
Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032, expanding manufacturing capacity at Hyundai Motor India and Kia India while strengthening research and development, local sourcing and future mobility businesses. Announced on Tuesday, the plan also includes a dedicated investment entity in India to coordinate the programme.
The allocation between Hyundai and Kia was not disclosed. The group said the investment will cover Hyundai and Kia facilities, R&D infrastructure, future technologies and the broader automotive industry ecosystem.
What the Hyundai Motor Group investment in India covers
Hyundai Motor Group is the parent group of Hyundai and Kia in India. It currently has annual manufacturing capacity of more than 1.4 million vehicles across Hyundai’s Chennai and Pune facilities and Kia’s Anantapur plant.
The group plans to invest approximately $700 million in its Indian R&D centre, including a vehicle testing track. It will also strengthen domestic sourcing and regional supplier partnerships, while exploring EV charging infrastructure, specialised automotive financing, end-of-life vehicle recycling, support for startups and expanded mobility services.
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The group currently employs more than 24,000 people in India. It said the investment is expected to generate employment across manufacturing, engineering, R&D and the supply chain.
India’s position as a global export hub
The group plans to expand production capacity at its Hyundai and Kia facilities to cater to rising volumes and strengthen India’s position as a global export hub.
Hyundai Motor Group Executive Chair Euisun Chung said: “India remains one of Hyundai Motor Group’s most important and strategic markets globally. The past 30 years have been defined by our commitment to India. This investment reaffirms our commitment to India for the next 30 years and beyond.”
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