Hyundai Sets $15.5 Billion India Investment Plan Through 2032
The automaker plans to direct investment toward manufacturing, research, local suppliers and future technology in India from 2026 to 2032.
Key takeaways
- Hyundai Motor Group plans to invest $15.5 billion in India from 2026 through 2032.
- The plan covers manufacturing, research and development, local suppliers and future technology.
Hyundai Motor Group plans to invest $15.5 billion in India from 2026 through 2032, the South Korean automaker said Tuesday. It described India as a key market for its growth in emerging markets.
The company said the investment will support manufacturing expansion, research and development infrastructure, local supplier development and future technology. Hyundai also plans to establish a dedicated investment entity in India to carry out the plan.
Executive Chair Euisun Chung said the investment reaffirmed the company’s commitment to India for the next 30 years and beyond.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
