Hyundai Motor Group Unveils .5 Billion India Investment Plan Through 2032

Hyundai Motor Group Unveils $15.5 Billion India Investment Plan Through 2032

Hyundai commits $15.5B to India by 2032, expanding manufacturing and R&D to boost global automotive hub status.

October 14, 2026 One Min Read

POLICY WIRE — New Delhi, India — South Korean automaker Hyundai Motor Group has revealed a major financial commitment of $15.5 billion for India between 2026 and 2032, aiming to strengthen the nation’s position as a key player in the global automotive industry.

The investment will focus on expanding production facilities for both Hyundai and Kia, enhancing research and development capabilities, and establishing new testing infrastructure. The plan also includes increasing local sourcing and developing next-generation mobility technologies.

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This strategic move was discussed during a meeting with Prime Minister Narendra Modi, where Executive Chair Euisun Chung highlighted India’s growing importance as a center for innovation in the automotive sector. The initiative is expected to create jobs and reinforce India’s role as a global automotive hub.

Reporting by Policy-Wire (PW)

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