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Hyundai Motor Group Announces Massive $15.5 Billion Investment in India
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CNBC TV18•13-10-2026, 19:57
Hyundai Motor Group Announces Massive $15.5 Billion Investment in India
- •Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032 to boost manufacturing, research and development, and future mobility technologies.
- •The investment plan was discussed during a meeting between Indian Prime Minister Narendra Modi and Hyundai Motor Group Executive Chair Euisun Chung in New Delhi.
- •The seven-year initiative includes $700 million dedicated to enhancing R&D infrastructure and building a vehicle testing track in India.
- •The strategy focuses on expanding manufacturing capacity for both Hyundai and Kia, strengthening local supply chains, and driving electric vehicle innovation.
- •The massive injection of funds is expected to create extensive job opportunities, foster local talent, and establish India as a core global export platform.
Key Questions Answered
Hyundai Motor Group announced a $15.5 billion investment in India to be implemented between 2026 and 2032.
The Group plans to invest approximately $700 million in its Indian R&D centre, which includes building a vehicle testing track to enhance research infrastructure and technological capabilities.
The investment plan includes exploring opportunities in specialized automotive financing, electric vehicle charging infrastructure, and end-of-life vehicle recycling, alongside supporting high-potential startups.
