India isn't just important to Hyundai’s global strategy, India is Hyundai's global strategy, HMC’s José Muñoz says

Hyundai Motor Company (HMC) is placing India at the heart of its global growth strategy, with ambitious plans that span production, exports, electrification, and new product launches. “India isn't just important to Hyundai’s global strategy. India is Hyundai's global strategy,” said José Muñoz, President and CEO, Hyundai Motor Company, underlining the country’s strategic role.

Muñoz highlighted the company’s long-term vision for Hyundai Motor India (HMI), emphasizing the automaker’s ability to adapt. “As our Executive Chair often says, adapting is part of our DNA. That's not just a slogan, it's how we've operated for decades. Look at our track record: Hyundai Motor Group global sales ranking from number 7 in 2008 to number 3 in 2022,” he said.
Reiterating the company’s long-term commitment, Muñoz said, “Amazing innovation is happening here, manufacturing excellence is being built here. Customer relations are being forged here, talent is being developed here. This is the future of our company. The best is yet to come."

He also stressed the resilience of the company during challenging times. “Difficult times don't weaken us, they make us stronger. Because while others retreat, we invest. While others cut, we build. While others exit markets, we double down. This is about more than business. It is about progress for humanity and progress for India.”

He added that the company’s vision is ‘Hyundai for every Indian’. “It reflects a spirit of collaboration, shared growth and pioneering future technologies right here in India. Our investments reflect that commitment,” he said. 
HMI’s roadmap is ambitious, with investments of ₹44,000–45,000 crore by 2030 in India-centric products, export capabilities, and supply chain localization. The company is also strengthening EV infrastructure and ecosystem development, entering capital markets, expanding its dealer network, and pursuing new business and partnerships.

“These comprehensive investments, aligned with Make in India, position HMI as both a domestic leader and a global export hub. The story is very clear,” Muñoz said. Key targets include achieving 15%+ domestic market share with a 1.1 million-unit production capacity by 2030, and having exports contribute up to 30% of total production. Hyundai also plans 26 launches by 2030, including seven new nameplates, with 82% of sales coming from SUVs and MPVs, and more than 50% featuring eco-friendly powertrains. Major highlights include the launch of an all-new MPV, an off-road SUV, and the Genesis brand in India by 2027.

Financially, HMI is aiming for 1.5x revenue growth by 2030, along with a dividend payout guidance of 20–40%. “We remain deeply committed to creating long-term value through discipline, execution, sustained profitability, and our healthy dividend payout guidance,” he added.