Hyundai Pledges $15.5 Billion for India Hub

Hyundai Motor Group plans to invest $15.5 billion in India through 2032 to boost manufacturing capacity and research operations. The seven-year strategy aims to capture growing demand in the world's third-largest car market.

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Interior of Hyundai E4W concept electric vehicle (EV) is pictured at India's five-day auto show in New Delhi, India, January 18, 2025. REUTERS/Priyanshu Singh

HYUNDAI MOTOR CO will invest $15.5B in India through 2032 to expand production capacity and develop next-generation vehicles. The seven-year plan follows a Tuesday meeting in New Delhi between executive chair Euisun Chung and Prime Minister Narendra Modi. The capital injection reinforces the region's status as a top global manufacturing hub amid surging domestic vehicle demand.

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