Hyundai’s Biggest India Bet Yet: ₹7,500 Crore!

Hyundai Motor India has announced plans to invest around ₹7,500 crore in FY27 to expand manufacturing capacity and strengthen its SUV and electric vehicle portfolio in India. The proposed investment marks the company’s highest-ever capital expenditure in the country and forms part of its long-term growth strategy.

The expansion plan will support higher production volumes and upcoming model launches. Hyundai Motor India aims to increase its total installed manufacturing capacity to 1.144 million units through phased development of its Pune manufacturing facility. The company currently operates with an annual production capacity of 994,000 units across its Chennai and Pune plants.

“Our growth ambition plans will be fueled by aggressive investments of around ₹7,500 crore in FY27, marking the highest-ever capex in recent years,” said Tarun Garg.

The Pune facility will initially expand capacity to 250,000 units and later to 320,000 units after completion of the second phase. The company also plans to launch two new models in FY27, including a new internal combustion engine (ICE) SUV and an electric SUV.

SUVs accounted for 68% of Hyundai Motor India’s domestic sales in FY26, led by popular models such as the Hyundai Creta, Hyundai Exter, and Hyundai Venue. The company is also expanding its EV and CNG portfolio to cater to evolving consumer demand.

News by Rahul Yelligetti.