Hyundai is not just playing in the Indian market; it's planning to dominate it. In a historic announcement, they have committed a massive ₹45,000 Crores in new investment by 2030, setting the stage for a product blitz, an electric revolution and a deeper reach into the heart of India.
This bold move follows the company's landmark IPO and is built on 29 years of trust with Indian customers. The goal is clear: to make Hyundai Motor India the second-largest region for the global brand and a cornerstone of its future.
26 New Cars are Set to be Launched by 2030
Get ready for a flood of new options. Hyundai has confirmed a staggering 26 new launches by FY2030. This includes seven completely new nameplates, marking its entry into two hotly contested segments: the family-friendly MPV space and the rugged off-road SUV market.
The Electric Centerpiece: A "Made in India" EV
The headline grabber is the promise of India’s first locally manufactured dedicated electric SUV by 2027.
Why does this matter? Local production is the key to competitive pricing. This SUV isn't just another imported model. It's being built here for India, signaling a serious commitment to making electric mobility more accessible and affordable.
A Powertrain for Every Preference
Hyundai is covering all bases. The company plans to become one of the very few mass-market brands to offer a full suite of powertrains: petrol, CNG, Hybrid and Electric.
By the end of the decade, they aim for over 50% of their sales to come from these cleaner technologies. You won't have to choose between going green and your practical needs.
Reaching Every Corner of India
Hyundai's ambition isn't limited to metros. The company plans to expand its sales and service network to cover 85% of India's districts. It expects 30% of its total sales to come from rural markets, ensuring that customers across "Bharat" have access to its products and support.
A Touch of Luxury: Genesis is Coming
For those with a taste for the premium, Hyundai is officially bringing its global luxury brand, Genesis, to India by 2027. This will introduce a new layer of sophisticated competition to the German-dominated luxury car market, offering you more high-end choices.
Why Is India So Strategic?
This investment cements India's role as a global hub for Hyundai. The company isn't just making cars for Indians; it's making cars in India for the world. It aims for exports to contribute up to 30% of its production by 2030.
Mr. José Muñoz, President & CEO of Hyundai Motor Company, directly linked this growth to the "Honorable Prime Minister Shri. Narendra Modi's vision of 'Make in India'."
The Bottom Line: Growth and Shareholder Value
Financially, the targets are as ambitious as the product plans. Hyundai Motor India is targeting a 1.5X jump in revenue, aiming to cross the ₹1 Lakh Crore milestone by FY2030.
As a strategic part of Hyundai, they have announced a new CEO for Hyundai India. Read here for more info.