Skip to main content

Hyundai Motor India Marks 30 years With 13.5 Million Units Sold; Outlines ₹45,000 Crore Future Investment Plan

HMIL plans to introduce 26 new products and variants by FY2030, including a mix of new models, full model changes, and upgrades.

Arunima  PalBy Arunima Pal calendar 06 May 2026 Views icon1638 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Hyundai Motor India Marks 30 years With 13.5 Million Units Sold; Outlines ₹45,000 Crore Future Investment Plan

Hyundai Motor India Limited (HMIL) on Tuesday marked its 30th foundation day, reporting cumulative sales of over 13.5 million units since its inception in 1996, including 9.6 million units in India and more than 3.9 million exports to over 150 countries.

The company said it has invested ₹40,700 crore in India to date and outlined plans to invest a further ₹45,000 crore between FY26 and FY30 to expand manufacturing, accelerate electrification, and develop future mobility solutions.

HMIL currently operates manufacturing facilities in Sriperumbudur near Chennai and Talegaon in Pune, with a combined annual production capacity of 9.94 lakh units. The company plans to scale this up to 10.74 lakh units by 2028, reinforcing India’s role as a global manufacturing and export hub within Hyundai Motor Company’s network.

Hyundai said it remains the largest exporter of passenger vehicles from India on a cumulative basis, with exports exceeding 3.9 million units. Key export markets include Saudi Arabia, South Africa, Mexico, Chile, and Peru.

On the domestic front, the company has built a sales network of over 1,500 outlets across more than 1,100 cities, covering 78% of Indian districts. Its aftersales footprint includes 1,675 service touchpoints across 1,025 cities, supported by over 50,000 trained professionals.

HMIL reported an average localisation level of 82%, contributing to domestic supply chain development and foreign exchange savings.

In line with its sustainability goals, the company said all its offices and plants in India are powered by 100% renewable energy under the RE100 initiative. It has also implemented over 350 energy efficiency projects in the past five years and continues to work toward Hyundai Motor Company’s global target of carbon neutrality by 2045.

Through its CSR arm, Hyundai Motor India Foundation, the company has invested over ₹803 crore since 2014, impacting an average of 2.2 million people annually across areas such as education, healthcare, environment, and skill development.

Looking ahead, HMIL plans to introduce 26 new products and variants by FY2030, including a mix of new models, full model changes, and upgrades, as it aims to strengthen its presence in both domestic and global markets.

RELATED ARTICLES

Heavy Industries Ministry Receives 20 Bids for Rs 7,280 Crore Rare Earth Magnet Scheme

auther Autocar Professional Bureau calendar13 Aug 2026

Global tender for 6,000 MTPA rare earth permanent magnet manufacturing attracts strong response to boost local EV motor ...

Hinduja Group to Invest Rs 2,500 Crore to Expand EV and Mobility Footprint in Tamil Nadu

auther Dev Vadchhedia calendar13 Aug 2026

Fresh investment to drive electric bus deployment, EV charging infrastructure, and clean energy across the state.

Eicher Inaugurates 11th Regional Competence Development Centre in Murthal

auther Dev Vadchhedia calendar13 Aug 2026

Commercial vehicle maker partners with DCRUST to train 150 engineering students annually and support 50 regional dealers...