14-Oct-2026 01:01:19
Hyundai Motor Group Announces $15.5 Billion India Investment Through 2032
South Korea’s Hyundai Motor Group plans to invest $15.5 billion in India between 2026 and 2032 to expand manufacturing, research and development, and local supply chains. The investment includes around $700 million for its Indian R&D centre and a vehicle testing track. The group will expand production at Hyundai Motor India and Kia India, which together have annual capacity exceeding 1.4 million vehicles. The plan also targets next-generation technologies, supplier localisation and new mobility businesses, creating additional jobs.